Why This Matters
The OPDA is responsible for building the trust framework that will enable industry-wide adoption of open property data and technology standards.
Members include major lenders such as NatWest Group, HSBC, Nationwide and Lloyds Banking Group, alongside Atom Bank, PEXA, Movera and Coadjute.
The association is also a lead partner in the Government-backed Smart Property Data Trust
Framework sandbox, helping test the technical, governance and security foundations required for a modern, data-centric property market.
The direction of travel is clear:
- Greater emphasis on upfront information
- More structured Material Information requirements
- Clearer interoperability standards
- Reduced friction across transactions
Open standards define the framework.
Execution at scale is what makes it usable.
Media
Coverage
The announcement has already been covered by several industry publications:
Is Your
Organisation Ready?
As expectations around upfront disclosure and structured property data continue to evolve, organisations that prepare early will be better positioned to reduce transaction friction and strengthen trust with clients.
If you would like to discuss how your organisation can align with upcoming Material Information requirements and structured data standards, we’d be happy to explore this with you.