Overview

What started as a simple goal to bridge the gap between lenders and law firms, LMS's service has evolved into a fully digitised and connected ecosystem, enabling a slick and secure home-buying-and-selling journey for everyone involved. By diversifying and embracing innovative technology, we offer services to cover the entire market, improving processes for estate agents, lenders, law firms, intermediaries, and their customers. 

Now, LMS's recently launched open-loop network, National Property Transaction Network (NPTN), can enhance connectivity between key stakeholders and provide them with instant, shareable data, particularly beneficial for estate agents, who are the catalyst that sets transactions in motion.  

LMS created NPTN following the success of a cross-industry pilot, which effectively broke down the siloes and embraced horizontal digital integration (HDI).  

Involving LMS, Moverly, Connells, Peter Alan, TM Group, and several law firms, the pilot showcased how collaboration and real-time data can improve the home-buying-and-selling journey: 

- 35% reduction in time from Sold Subject to Contract (SSTC) to exchange.  

- 43% fewer fall-throughs.  

- 21% higher agent instruction rates with firms involved in the pilot.  

Problems we solve for agents

With its ever-growing ecosystem, cultivated over 30+ years, LMS is uniquely positioned within the industry to offer an open-loop network benefitting estate agents and all other stakeholders involved in a transaction. 

National Property Transaction Network (NPTN) connects everyone within a property transaction and gives them instant and equal access to authenticated, secure, and shareable data. This smart data enables early and informed decision-making, expediting a streamlined process that helps estate agents secure more sales, reduce fall-throughs, boost cash flow, decrease workload, and stand out in a changing market.  

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