UK property firms launch Project 28 to slash home sale times to 28 days, boosting efficiency and saving money.

A group of 23 UK property firms has launched Project 28, aiming to cut the average time for home sales from 109 days to 28 days. The charter includes commitments to improve data sharing and transparency, aiming to save home buyers £400 million in fall-throughs and estate agents four million working days annually. The initiative seeks to digitize the property transaction process, boosting economic growth and efficiency.