iamproperty has joined the Open Property Data Association (OPDA) as its newest member, a move that matters to institute professionals as government reforms increasingly depend on industry bodies like OPDA to deliver the technical standards underpinning faster, less error-prone property transactions. No financial terms apply, as this is a membership addition rather than a transaction.

OPDA is a UK industry body launched in June 2023, developing open property data standards designed to create trusted, reusable and shareable property information across a network including all six major banks, building societies, conveyancers, estate agents and technology providers. As an industry body, it does not publish commercial financials.

iamproperty is a Newcastle based property technology firm founded in 2009 by Ben Ridgway and Jamie Cooke, supporting over 7,000 estate agent branches across the UK and known for pioneering the Modern Method of Auction.

The membership addition responds to a government reform timetable that data standards bodies are now expected to help deliver.

UK home transactions currently take around 170 days on average, with more than one in five falling through before completion, according to Mortgage Introducer. In June 2026 the government announced reforms requiring upfront sales packs and digital tools intended to cut buying times and halve fall-through rates, according to GOV.UK.

iamproperty head of data and insights Chris Watson said, "From day one, iamproperty's mission has been to improve the broken homebuying process. We're passionate about making the property transaction process faster, simpler and more transparent for everyone involved." OPDA chair Maria Harris said, "As we continue to work with industry and government to accelerate the digital transformation of the property market, having organisations like iamproperty actively engaged in the development of open property data standards is incredibly important."

For the sector, government reform commitments create direct pressure on standards bodies like OPDA to demonstrate broad industry adoption rather than niche participation. For the sector's technology providers specifically, membership signals credibility with lenders and conveyancers who will decide which data formats become the market default.

Whether OPDA's standards become the practical mechanism through which government's reform targets are met will depend on how many more of the sector's largest platforms follow iamproperty's lead.

Source: FF News / Mortgage Introducer / GOV.UK