Who Are Revolutionising the UK’s Rental Property Market in 2023?

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Startups are constantly innovating and disrupting various sectors in the UK economy; one of these sectors is the Rental Property Industry. Many startups in the field are harnessing the power of technology to make the rental process easier, more efficient, and more transparent for property owners and renters alike. Let’s explore some of the most interesting and innovative rental property startups from England.

This list includes a wide variety of companies, ranging from those using biometric screening technology in tenant applications to those offering flexible coworking spaces and landlord support services. Each startup possesses unique features that differentiate it from the competition and contribute to the evolution and improvement of the industry’s normative processes.

Whether you’re in the industry professionally or simply have a vested interest in property innovation, it’s worth familiarising yourself with these rising stars. With inevitable increasing demand for such services, they’re likely to become household names soon enough.

IDcheck

Founded by Sara Statman, IDcheck is a company that concentrates on using technology to perform biometric screening and Know Your Customer (KYC) services for the rental property sector and beyond. Operating in the realms of Biometrics, Compliance, Cyber Security, Identity Management, Property Management, Real Estate, and Rental Property, this startup provides crucial safety measures to businesses.

LetFaster

LetFaster, another venture by Sara Statman, is a startup that offers automated tenant screening as a SaaS solution. Operating in industries including Biometrics, Facial Recognition, Identity Management, and Real Estate, LetFaster helps property managers automate and expedite their tenant application processes.

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PerchPeek

PerchPeek, founded by Dr Ace Vinayak, Oliver Markham, and Paul Bennett, aims to revolutionise the property rental industry with AI. Its innovative platform guides users through every step of the relocation process, streamlining the traditionally cumbersome experience of moving homes.

Residently

Noemi Staehelin, Sam Phillips, and Tom Allason are the creators of Residently, a mobile application that provides rental services for property managers and institutional landlords. It neatly packages all aspects of property management in an easy-to-use app, streamlining the rental process for both tenants and landlords.

AltoVita

AltoVita, founded by Karolina Saviova and Vivi Cahyadi Himmel, combines proptech with a human-centric approach. They offer enterprise software solutions for the corporate accommodations sector, which places people’s needs at the heart of the housing process.

Becave

Becave, led by founder Andrzej Grużdź, offers an online marketplace for long-term rental properties. It caters to both property managers seeking tenants and individuals or businesses looking for long-term rental agreements.

Othership

Othership is a startup led by Arnaud Mardegan and Benjamin Carew that focuses on providing flexible memberships for adaptive workspaces. It was designed with the needs of remote and hybrid workers in mind, transforming the way we approach workplace environments.

The Zeus App

Founded by Nick Christoforou MRICS, The Zeus App is simplifying the process of property valuation. Its innovative mobile app helps landlords and tenants get accurate valuations quickly and without complications.

Hello Neighbour

Michael Jenkins and Richard Jenkins are at the helm of Hello Neighbour. This startup leverages technology to provide rental housing and leasing solutions, making property management effortless for landlords and tenants alike.

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Excelsior Studios

Excelsior Studios, founded by Natalia Pochekutova, offers innovative artists the chance to establish themselves within a community and more extensive network, making it easier for newer artists enter the business and make their mark.

RentOnCloud

RentOnCloud is an online platform for property rental accounting and management for landlords and tenants. This platform not only assists in property management but also simplifies accounting procedures, reducing both the efforts and errors in property management.

Capital Letters

Capital Letters is a free service that works with landlords and councils to help families in need find homes. As a social enterprise, Capital Letters champions a cause worth supporting in the property rental industry.

About The Stay

Specialising in short-term rentals, About The Stay offers a comprehensive hospitality-oriented property management service. They aim to enhance the short-term rental experience for both hosts and guests.

Spacepool

Founded by Eugene Tavyev, Spacepool aims to directly connect businesses with flexible office providers through a tech-enabled marketplace, eliminating the need for intermediaries and speeding up the process.

Scouty Ltd.

Scouty Ltd. is a marketplace for photography and film locations. They provide content creators with unique spaces to create engaging content, thus serving a niche within the property rental industry.

No matter the unique value proposition or specific target audience, these Rental Property Startups serve as the epitome of innovation, all contributing to the evolution of the property sector to better cater for the ever-evolving needs of individuals and businesses in the UK and beyond.


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