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TODAY'S OTHER NEWS

Agent transaction solution to go 'global' after raising £3m

A PropTech startup which claims to revolutionise the speed at which property transactions can be processed has officially launched this week.

When You Move has also reported funding of £3 million and has revealed plans for 'global launches' thanks to its 'international scalability'.

The agent and conveyancer-facing platform aims to speed up connectivity between all parties through to completion.

Users gain access to one integrated platform which provides real-time updates and 'full transparency' to progress a purchase or sale.

When You Move says its technology 'immeasurably transforms' the 'cumbersome' 82 stages of a UK property transaction.

The platform has partnered with LSL Property Services' financial services division, which it says enables it to facilitate thousands of cases and offer 'document upload and verification functionality, plus real-time case-tracking'.

When You Move has recently launched in Scotland and Northern Ireland and it also has international expansion plans. To coincide with its launch, the startup has announced the key appointments of Dan Rodgers as chief revenue officer and Rob McKellar as head of conveyancing.

The firm's latest round of funding has been backed by PropTech venture capitalists Fig, bringing the total amount raised up to the £3 million milestone.

The funding will be used to 'solidify the company's position as the go-to solution for professionals involved in property purchases'.

“This is a really exciting time for the business, from launching in a range of new locations to increasing the number of features that we offer,” says Simon Bath, When You Move’s chief executive and founder.

“We’ve utilised a number of investment rounds to achieve some great milestones that we’re really proud of.”

“When You Move is primed to enable conveyancing firms, mortgage brokers and estate agents to effortlessly provide information to one another and, in doing so, free them up to perform the important jobs rather than filing paper work and chasing other parties,” he adds.

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