Legal & General has agreed to sell its long-standing surveying division to Beach Equity, with completion expected in December as part of the group’s ongoing simplification strategy.

Legal & General Surveying Services, which has been operating for more than 20 years, provides valuation, surveying and digital reporting for lenders and home buyers.

The business launched its Digital Home Survey in 2019, originally branded SmartrSurvey, before rebranding in 2022.

The product was designed to offer a jargon-free, highly visual report for buyers, reflecting the wider shift towards more transparent digital assessments.

An L&G spokesperson said: “L&G is in the process of selling its Surveying Services business. The sale represents further progress against L&G’s strategy to deliver sustainable growth, sharper focus, and enhanced returns, as a simpler and better-connected L&G.”

They added: “It also, crucially, provides continuity for clients and protects employees, as all 200 Surveying Services colleagues, primarily based in Barnsley, will transfer to the new business.

“Subject to the transfer progressing as planned, the sale should be complete by the end of November.”

While the parties have not disclosed terms, the move reflects L&G’s continued push to focus on core areas of the group.

For the surveying unit, the sale secures a specialist new owner and, according to L&G, a commitment to stability for staff and the lenders and consumers who rely on its services.