Gazeal and Landmark Join Forces to Bring Speed, Certainty, and Security to the UK Property Market
London, UK – 1 December 2023 - Gazeal, the industry leader in digital reservation services, is thrilled to announce its strategic partnership with Landmark, one of the UK's prominent residential property consultancies.
Gazeal is a portfolio company of the Symvan Technology EIS Fund.
The partnership enables Gazeal to closely collaborate with Optimus, Landmark’s renowned panel of conveyancers, and offer their innovative reservation services as an option for home movers. This collaboration ensures that buyers and sellers can lock in their sale or purchase at the very beginning, showcasing their commitment to the transaction. This new approach will protect all parties involved, mitigating the risk of the transaction collapsing and provide much-needed trust and certainty in the process.
The announcement follows Landmark’s recent launch of LandmarkConnect, a series of digital hubs aimed at streamlining the home buying and selling process, increasing digitisation, and fostering industry collaboration to eliminate weeks of delay and uncertainty. The current property market faces challenges such as changing mortgage and interest rates, alongside recurring issues like gazumping and gazundering, causing approximately 300,000 property sales to collapse each year, resulting in wasted fees costing home movers around £3,700. Bryan Mansell, CEO of Gazeal, expressed his excitement about working with like-minded organisations like Landmark, stating, "It is great to collaborate with Landmark, an organisation that prioritises the customer's needs. Through this partnership, we can provide our clients with greater levels of certainty which are currently lacking in the market. Together, we strive to deliver exceptional customer experiences and ensure stress-free and secure home moving journeys."
Giuliano Grazioli, Sales Director at Optimus is optimistic for positive change: "In an industry where trust and clarity are paramount, this partnership between Gazeal and Landmark, two forward-thinking organisations, marks a significant step towards revolutionising the property market. Our commitment to providing speed, certainty, and security for home movers will undoubtedly reshape the way property transactions are conducted in the UK."
Notes to Editors
About Gazeal
The company provides the UK's only solution for gazumping and gazundering: a digital reservation agreement that is now proven to reduce transactional fall-through rates in buying and selling UK residential property from an average of 33% to less than 6%. Over 1,000 estate agents have registered on the Gazeal platform with over £2bn of property sales transacted on the platform.
Website: https://www.gazeal.co.uk/
Contact: duncan.samuel@gazeal.co.uk
