What's Happening?
CentreMove, a new property technology platform, has announced its first public release, aiming to revolutionize the UK property transaction process. Co-founded by Jennifer Sewell, Gordon Sewell, and Wayne Quinn, the platform seeks to address inefficiencies
in the UK housing market, where up to 24% of agreed property sales failed to complete in early 2026. The platform offers a shared workspace for all parties involved in a property transaction, providing real-time access to information and reducing reliance on fragmented communication. CentreMove allows users to verify identity, track transaction stages, prepare legal documentation early, and enable direct communication between buyers and sellers. The platform's development is a response to the high stress and uncertainty traditionally associated with property transactions, as highlighted by a 2026 survey where 48% of UK homeowners ranked moving house as their most stressful life event.
Why It's Important?
The launch of CentreMove is significant as it addresses long-standing inefficiencies in the UK property market, which have economic implications. Failed transactions are estimated to cost the economy up to £2 billion annually. By providing a centralized platform, CentreMove aims to reduce transaction times and costs, benefiting buyers, sellers, and professionals involved in real estate. The platform's ability to streamline processes and provide transparency could lead to more informed decision-making and fewer disputes, ultimately enhancing the overall efficiency of the property market. This development could serve as a model for other markets facing similar challenges, potentially influencing global real estate practices.
What's Next?
CentreMove is inviting feedback from estate agents, conveyancers, mortgage brokers, lenders, and the general public to refine the platform further. The next phase of development will introduce deeper lender integrations, commercial property functionality, and additional automation. The company's long-term goal is to establish a centralized property transaction platform in the UK, bringing together all stakeholders around a single source of information. This collaborative approach aims to continuously improve the platform based on user feedback, ensuring it meets the needs of all parties involved in property transactions.
