Government calls on proptech to boost housebuilding
The government has announced it will release local authority housing data to UK proptech companies in a call of arms for the sector to help boost housebuilding.
Housing minister Esther McVey announced a national index of brownfield data will be released so developers can find brownfield land to develop on more efficiently.
Compulsory Purchase Order data will also be made available to proptech companies for the first time to obtain information such as energy performance certificates and square footage of properties.
The government has announced it will release local authority housing data to UK proptech companies in a call of arms for the sector to help boost housebuilding.
Housing minister Esther McVey announced a national index of brownfield data will be released so developers can find brownfield land to develop on more efficiently.
Compulsory Purchase Order data will also be made available to proptech companies for the first time to obtain information such as energy performance certificates and square footage of properties.
The government’s greater push on data transparency will ultimately aim to help developers identify sites to help facilitate development more efficiently.
McVey will also hold a roundtable with some 700 proptech companies including Urban Intelligence, The Future Fox, and Wayhome to discuss how the sector can help boost housebuilding.
McVey said: “We’ve had revolutions in the way that financial services, online banking and transport are provided, turning once unimaginable possibilities into everyday realities. Now it’s the turn of the UK property market.
“New technology will link builders to brownfield sites more easily, enhance how developers engage with local communities, help builders deliver new homes and modernise the way we buy and sell land and houses, cutting the time it takes to get housing from the drawing board to families getting the keys.
“The UK property sector is on the cusp of a digital revolution. It’s time to harness new technology to unlock land and unleash the potential of housebuilders in all parts of the country, and to revolutionise the way in which we buy homes.”
To send feedback, e-mail lucy.alderson@egi.co.uk or tweet @LucyAJourno or @estatesgazette
