LMS has announced a strategic investment in material information specialist Moverly.

The partnership aims to create a more connected property transaction process across the UK.

Moverly’s technology simplifies property transactions by enabling estate agents to collect and automatically validate material information at the point of listing.

This covers everything from property tenure to flood risks, ensuring compliance with National Trading Standards’ requirements.

LMS chief executive officer Nick Chadbourne adds: “Moverly’s expertise has been instrumental in helping to shape the UK’s approach to open data standards in the property market.”

“This investment reflects our confidence in their ability to deliver solutions that foster openness and collaboration, and we’re proud to support their efforts to drive progress and happy to have them involved with The National Property Transaction Network.”

Moverly chief executive officer Gemma Young (pictured) says: “The property sector has long called for meaningful innovation. With the Property Data Trust Framework now established and this strategic investment from LMS, we’re moving beyond discussion to deliver real transformation.”

“This partnership supports not just Moverly’s growth, but creates opportunities for the entire UK property market to benefit from open standards and improved connectivity.”