The Open Property Data Association (OPDA) signed a Memorandum of Understanding (MoU) with the Society of Licensed Conveyancers (SLC) to work closer together and share knowledge in the property sector.
The agreement sets out how the two organisations plan to push forward digital changes in the homebuying and selling process.
The partnership will focus on finding ways to use data and digital systems to cut down on repeated work, speed up transaction times and give buyers and sellers more confidence in the process.
Maria Harris (pictured), chair of OPDA, said: “The SLC plays a crucial role in representing conveyancers at the heart of the home buying process and we’re delighted to be working together to help deliver a more digital and connected property market.
“Through this partnership, we’ll be able to align our efforts to make data more accessible and interoperable, reduce friction between stakeholders and ultimately make moving home simpler and more transparent for everyone involved.”
The SLC said it was important for conveyancers to be closely involved in shaping open property data standards.
OPDA brings together people from all parts of the property buying and selling process and SLC said licensed conveyancers would now be able to add their input.
Simon Law, chairperson of SLC, said: “OPDA has come a long way in a relatively short period of time, and the Association will make a very important contribution to the Government’s clear intent to streamline the home buying and selling process.
“SLC members’ firms are at the forefront of adoption of enabling technology and it makes eminently good sense for the Society to contribute to ODPA’s work.”
