Firms collaborate to drive modernisation in homebuying process

Proptech firms and software developers across the homebuying sector have collaborated in a series of hackathons designed to test how property data can be shared across the home-moving process.

The events, hosted by The Open Property Data Association (OPDA) and the Digital Property Market Steering Group (DPMSG), have seen firms collaborating in real-time within the Smart Property Data Trust Framework sandbox.

The hackathons looked at different stages of the home-moving journey, including property packs, ID verification, AML and fraud, and the completion stage.

Participants, which included firms such as Smoove, PropXchain, ViewMyChain, Sprift and Property Deals Insight, successfully connected to the sandbox and demonstrated how property data can be accessed and used" across platforms.

Smoove and PropXchain retrieved material information and property pack data, while Smoove integrated it directly into its DigitalMove platform.

Director at PropXchain, Marc Hatton, stated: "The sandbox lets a three-person startup plug into the same property data rails as major institutions. That’s the power of an open framework - it levels the playing field. Within the first morning, we had an end-to-end property pack flowing through our stack. That speed comes from data you can trust."

Alongside the technical work, the hackathon also surfaced key challenges around building a shared data ecosystem, including consent, liability, governance and the need for a consistent property ID.

Chair at OPDA, Maria Harris, concluded: "This is a critical step forward for the industry. For too long, property transactions have been held back by fragmented data and manual processes.

"What we’re seeing through these hackathons is the industry coming together to test practical solutions that can make home moving faster, more transparent and less stressful for consumers. The ambition is simple: capture property data once, trust it, and reuse it. That has the potential to transform the entire transaction."



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