Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Four Proptech Firms Collaborate to Streamline UK Home Buying Data Sharing

Four proptech providers—LMS, Landmark Information Group, InfoTrack, and Decision First—have announced a joint project to improve the secure sharing of data during UK housing transactions. The initiative aims to make it easier for lenders and conveyancers to access shared, trusted information by integrating widely used platforms.

The collaboration is designed to reduce duplication, support faster decision-making, and help transactions progress with greater certainty. This development follows the recent release of a government roadmap focused on making the home buying and selling process more data-led.

According to the firms, their combined platforms support more than 90% of UK lenders and residential conveyancing firms. They believe this creates a significant opportunity to improve system interoperability without requiring new platforms.

The initial focus areas for the project include digital identity checks, mortgage offer distribution, redemption statement requests, certificate of title (COT) submission, electronic document signing, charge registration, and funds settlement. The firms plan to engage with lenders and conveyancers as the programme develops, with further details on participation to be released soon.

In related news, the Open Property Data Association (OPDA) and the Digital Property Market Steering Group (DPMSG) have announced a series of hackathons to test property data sharing during the home moving process. These hackathons, held within the Smart Property Data Trust Framework sandbox, have explored phases such as property packs, ID verification, anti-money laundering (AML) and fraud, and completions. Participating firms include Smoove, PropXchain, ViewMyChain, Sprift, and Property Deals Insight.

For UK letting agents and inventory clerks, these developments signal ongoing efforts to modernise and streamline property transactions, with a focus on secure data sharing and reducing manual processes.