Latest Property Data Trust Framework goes live

The Home Buying & Selling Technology Group (HBSG) has launched the latest version of the Property Data Trust Framework following live beta testing.

The framework sets out the key requirements for data providers, data users, and trust entities to facilitate secure and seamless property data sharing.

The updated version incorporates the new and updated fields in v4.0 of the Buyer and Seller Property Information form, changes to LPE forms, new data fields for search results, as well as the addition of referencing to map digital upfront data directly to other formats such as TA forms..

The framework aims to make it easier for industry firms, software organisations, and connectivity platforms to collect and share data with confidence.

Maria Harris, chair of the HBSG’s technology group, said: "We are excited to release the updated version of the Property Data Trust Framework and JSON Schema which has been made possible through the amazing support and contributions from our volunteer group including Adoor, Coadjute, Moverly, Redbrick Solutions, TM Group.

“We believe that these updates will help organisations navigate the complexities of open property data sharing and promote greater transparency and innovation in the property industry."

Law Society of England and Wales president Lubna Shuja added: “We are committed to helping improve the home-buying experience for consumers and others involved in the conveyancing process. It needs to be less unpredictable to reduce time scales and to make it as stress-free as possible.

“There is no silver bullet. However, one way to improve the process is to provide consumers with information about the buying process and key information about a property at the very beginning of their search for a home. Part of the work to achieve this is already at an advanced stage, and this should help consumers understand what they are buying and lead to a reduction in sales falling through.”

The HBSG and the Technology Working Group are encouraging all organisations involved in property data collection, NTSELAT Material Information required on advertising a property, upfront information, property listings, estate agency, searches, or conveyancing to adopt these standards and help drive the industry forward.