Skipton Building Society has joined the National Property Transaction Network (NPTN), a digital platform designed to connect estate agents, mortgage lenders and conveyancers throughout the homebuying process. The platform, launched by Connells Group and LMS, aims to enable property, identity and financial information to be captured once and securely shared between relevant parties during a transaction.
Skipton Building Society joins digital homebuying platform
UKPulse Property DeskSkipton Building Society has joined the National Property Transaction Network (NPTN), a digital platform designed to connect estate agents, mortgage lenders and conveyancers throughout the homebuying process.
- The platform aims to enable property, identity and financial information to be captured once and securely shared between relevant parties during a transaction.
- Current users of the platform include Moverly, Credas and Armalytix, alongside Connells branches, LMS panel conveyancers and Lloyds Banking Group.
Why this matters: The initiative aligns with the Government's Homebuying and Selling Roadmap, which emphasises making property information available earlier and easier to share digitally.
What this means for you: This may help lenders make faster decisions for customers by having access to reliable information earlier in the process.