We’re proud to be a founding member of Project 28: A Charter for faster, more certain property transactions.
This industry-led initiative brings together mortgage lenders, brokers, estate agents, conveyancers, and property data providers to tackle one of the UK property market’s biggest challenges: reducing the time from sale agreed to exchange to just 28 days. With the average transaction currently taking over 100 days, the need for reform has never been clearer.
Nick Hale, our CEO, explains why Project 28 matters for both Movera and the wider property industry:
“This industry-wide initiative is much needed, to help speed up house buying and selling and make the process smoother, more secure and more transparent. The proposed 28-day transaction target is ambitious, but collaboration across the sector is key to making it a reality.”
Project 28 sets out eight commitments that all signatories pledge to uphold. These focus on efficiency, data transparency, and restoring trust and certainty for buyers and sellers. At Movera, we are already delivering on this ethos. We integrate with open data standards through our membership in the Open Property Data Association (OPDA), and we advocate for platforms such as the National Property Transaction Network (NPTN), which allows all parties to access key documents in real time. By ensuring relevant information is available upfront and aligned across the chain, we can reduce delays and surprises for buyers, sellers, and professionals alike.
We see Project 28 as more than just a target. It’s an opportunity to modernise the home-moving process, creating experiences that can be celebrated rather than endured. At Movera, we’re committed to driving innovation, supporting practical solutions, and working collaboratively across the sector to transform property transactions end-to-end.
