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TODAY'S OTHER NEWS

Online agency recruits digital expert and former MTV boss

Online property platform Settled, which claims its customers receive their first offer in an average of 17 days, has announced two new key positions in its expanding company. 

Marc Abraham is to become chief product officer, overseeing “future features” and future business for the platform. He previously worked at carwow, YouView and Notonthehighstreet; most recently he was head of product at international money transfer business World First.

Settled has also appointed Simon Guild, former chief executive of MTV Networks Europe, as a non-executive director; his previous experience includes chairing rental property startup Rentify.

Last week Settled introduced a deposit scheme which it claims will assist sellers and buyers reach completion faster - and requires them to instruct the firm’s conveyancing partner “helping to speed up the legal stage of the sale by up to 50 per cent.”

The agency has this year claimed that it is cutting the time it takes to sell a home in half and reducing fall-throughs from 33 per cent to just seven per cent, as well as achieving 98 per cent of the asking price.

Settled charges a standard fee of £499 up-front or deferred for a month.

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