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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 4 days · First seen · Last updated
UK property market digital data initiatives
Overview
HM Land Registry (HMLR) and Ordnance Survey (OS) have entered into a three-year Memorandum of Understanding to enhance data accessibility and innovation within the UK property and geospatial sectors. The partnership aims to align land ownership records with geospatial data, such as building footprints and housing developments, to create a more digitally enabled property market.
Key objectives of this collaboration include reducing friction in property transactions, supporting economic growth, improving environmental planning, and minimizing fraud related to duplicate property titles. The combined datasets are also intended to help identify property insurance risks based on ownership portfolios and geographical spread.
Further digital initiatives in the UK property market include a partnership between Propertymark Connect and Propalt, which provides estate agents with material information reports covering property characteristics, energy performance certificates, and planning information to assist in client advisory services.
Entities
Timeline
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23 days ago
[BUSINESS] 2 sourcesUK property market sees new data and digital partnershipsNew digital partnerships in the UK property sector, including a collaboration between HM Land Registry and Ordnance Survey, aim to streamline data access and improve market efficiency.
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26 days ago
[BUSINESS] 2 sourcesHM Land Registry and Ordnance Survey partner to transform property marketHM Land Registry and Ordnance Survey have entered a three-year partnership to improve the UK property market through enhanced data accessibility and digital innovation.
Sources
homebuilding.co.uk · propertyindustryeye.com · theintermediary.co.uk · todaysconveyancer.co.uk