Federal News
UK Government Launches Property Data Trust Framework
March 16, 2026
The UK government has initiated the Smart Property Data Trust Framework sandbox project, funded with £742,700 from the Regulators' Pioneer Fund, to enhance transparency and efficiency in the property market. This initiative invites estate and letting agents to actively participate in shaping the framework to ensure it aligns with real market conditions. Early involvement offers competitive advantages as the framework aims to standardize and digitize property data management across the sector.
- The project is led by the Digital Property Market Steering Group (DPMSG) with collaboration from HM Land Registry, the Council for Licensed Conveyancers (CLC), and the Open Property Data Association (OPDA).
- Procurement professionals should note the government’s focus on digital transformation in property data, signaling opportunities for technology vendors and service providers specializing in data trust frameworks and property market solutions.
- Engagement with the sandbox offers stakeholders a chance to influence regulatory and operational standards, potentially impacting future procurement requirements and contract opportunities.
- Interested parties can contact DPMSG via DPMSG@landregistry.gov.uk to participate and gain early adopter benefits.
Agencies
Council for Licensed Conveyancers, Open Property Data Association, HM Land Registry, Digital Property Market Steering Group
Vendors
Raidiam
Contracts
£742,700
Locations
Sources
- Agents urged to help shape the future of the property market - Property Industry Eye · Property Industry Eye · Mar 16