Proptech, as property tech is also known, is continuing to grow as more UK startups are using technology to change the property market. From choosing a rental to making a wise investment, property tech startups are making things easier for buyers, sellers, renters, and landlords.
Here are seven of the UK’s top proptech startups.
Founded in 2016, RentProfile is the country’s first online network of verified renters, landlords, and agents. Both property renters and landlords can do background checks on one another using profiles that display key credentials. Rentprofile also carries out additional security checks using a verification process powered by a proprietary algorithm.
Established in 2017 after a friend of the founders was defrauded during a London flat purchase, Thirdfort is an FCA-regulated property tech startup that uses ID verification to help property buyers and legal professionals validate funding sources. It works with lawyers to help identify clients and protect money transfers during sales.
Hipla has a property management and real estate platform that helps potential buyers determine what they can afford and compare to other buyers looking in the area. It was founded in 2016 and uses a scoring system to provide immediate transparency between buyers, sellers, and estate agents. Hipla also keeps everyone’s information current by sending real-time updates whenever a buyer or seller makes a change.