New software to manage the ownership and asset information of housing providers’ property portfolios has been launched by Data Futurists in a project involving Family Mosaic’s 25,000 homes.
The new company has developed data management software to process one million pieces of data, ensuring that complicated ownership details relating to leasehold and freehold titles are captured in detail.
The model provides a 360-degree view of all property ownership issues arising from complex arrangements with multiple landlords. This enables an effective analysis of data for properties whose leases are about to expire, and ensures efficient and timely lease renewals.
Neil Topping, director, Data Futurists, said, “Accurate and detailed knowledge of all housing stock is essential to ensure that every home in the country’s social housing stock is utilised to the full.”
The scheme at Family Mosaic has involved a six-month roll-out to catalogue and map all of the property data into a more manageable format.
Peter Mannering, head of treasury, Family Mosaic, said, “Data Futurists’ new software allows us to meet the property element of regulatory requirements. Housing providers like ours look after thousands of homes and millions of pounds of assets, and we need to ensure we have rigorous and accurate data management systems for good governance.”