The UK's housing and planning minister, Esther McVey, intends to open up property data to proptech companies and homebuyers. Photograph: Read next: Best proptech startups in the UK Representatives of the property sector were cautiously optimistic about the plans. Furthermore, the scheme will offer residents interactive maps of planned developments with the goal of facilitating dialogue between communities and housing developers. The plans are likely to boost the UK's proptech sector, which is already worth an estimated £6bn ($7.7bn).
The UK's housing and planning minister, Esther McVey, intends to open up property data to proptech companies and homebuyers. Photograph: Furthermore, the scheme will offer residents interactive maps of planned developments with the goal of facilitating dialogue between communities and housing developers. The plans are likely to boost the UK's proptech sector, which is already worth an estimated £6bn ($7.7bn).