Proptech startup SearchLand has launched a new tool to allow developers to search Authorized Development Sites (PDs).
SearchLand is used by developers, investors, architects, and anyone else looking for sites to develop on. It overlays disparate data sources, land ownership and limits to building permits and prices paid, in addition to satellite image maps, with intuitive search functionality.
The new upgrade to its software as a service platform makes it faster and easier for users to find sites with PD rights. This means that some construction work and changes in use can be done without the need for a full planning request.
PD rights were introduced by the UK government as part of its goal of ensuring that 300,000 new homes are added to the national housing stock every year. The government said that in the five years leading up to March 2020, PD change-of-use rights created 72,687 new homes.
PD rights are designed to be temporary, allowing the government to correct imbalances in the real estate market. For example, in the case of the MA (door-to-door merchant) class, this PD right is an attempt to take the brownfield inventory from languid main streets and convert them into much needed residential property.
SearchLand aims to increase the number of developers accessing DP sites and in turn boost home construction activity to tackle the UK housing crisis – its MA Class Authorized Development Tool currently has 27,599 identified opportunities. The update comes as SeachLand continues to innovate in its mission to disrupt the site sourcing process through automation and the smarter use of data and technology.
SearchLand’s PD tool works by crossing a range of data sets, including usage class, scheduling constraints, and internal metrics to identify sites that meet predefined criteria. It automates and thus considerably accelerates the search by promoters of viable land.
Hugh Gibbs, co-founder of SearchLand, said: âThe addition of the PD tool is a really exciting time for SearchLand. Our site finder solution already gives many developers a competitive advantage, but the ability to quickly locate DP sites through our platform is another important step forward.
âPlanning permissions are a major stumbling block for developers. PD sites reduce this risk, so they are in high demand. So, in addition to helping developers hunt down that proverbial needle in the haystack, SearchLand is happy to help the UK homebuilding efforts.
Founded in 2020, SearchLand strives to automate the entire site search workflow, from site identification to landowner engagement. As site research becomes more competitive, being able to speed up the process is going to be essential for site finders to remain competitive for years to come.