Property technology continues to shake up the property market, making it easier for buyers and tenants to search for homes.
Start-ups are attracting substantial investment from the major players as these new ventures create ever easier ways in which to access properties. For example, start-up Movebubble has just received a further £1.1 million funding from investors including Spotify managing director Adam Williams.
Movebubble is a rental property service based in London with an app that aims to ease the hassle of renting in a crowded market. It is working with about 250 estate agencies to help tenants look for rentable properties in the Capital.
Movebubble only launched last November which seems to speak volumes about the need for such an app which lists thousands of London properties, while also helping would-be tenants to arrange viewings. Another distinguishing feature is that it says it offers real-time availability of listed properties, which saves busy Londoners from arranging to visit a property only to find it has already been let.
The start-up’s app also allows people to create reviews on properties, mush as they would on hotels and tourist attractions on travel website TripAdvisor. It also offers guides to the different areas with information on restaurants and places to visit.
Movebubble has more than 10,000 properties for which tenants can book viewings. They can then give feedback on the properties and in the near feature will be able to rent the property via the app too. The advantages of such an app are manifold; it means no more wasted time for tenants, property management companies and letting agents.
There are a wide range of apps available for rental companies and property managers to make sure that they comply with the law concerning tenants and rented properties. With regulations covering areas including health and safety, gas checks, deposits, tenant checks, property inspections and inventories, it is becoming essential to have software and apps to look after a multitude of administration and back office tasks.
Using property inspection software such as Inventorybase, you can share information with your team immediately. It also means that you can create reports whilst you are with tenants at the property and take photos of items or rooms so that you have a detailed, accurate record of their condition.
These reports can then be shared with tenants immediately for them to sign in front of you and to receive a copy. The software can be accessed anywhere from a laptop, tablet or phone and can even be used offline.