Published 6th February 2019
The Private Rental Sector is undergoing a digital revolution. Kamma (formerly GetRentr) is at the forefront of the PropTech sector constantly exploring new technologies and better ways to improve the property licensing awareness and compliance for agents, lenders, conveyancers, landlords to name a few. Below are some considerations Kamma have researched for how we see digital impacting the rest of the sector this year
Digital transformation is slowly taking effect in the Geotech world and the UK property sector and is driving open data initiatives. Key organisations such as the HM Land Registry are now publicly sharing access to open data and are driving digital change via initiatives such as digital street; an ongoing data research project exploring ideas, working with partners to explore and discover the differences they could make together.
For over a year we’ve been connecting with conveyancers, lenders, PropTech companies, data providers and the public to investigate how technology can be used make it simpler, quicker and cheaper to buy or sell property.
…which is great news whether you are a landlord, estate agent, or a letting agent managing a rental property portfolio, a mortgage provider or a conveyancer. Kamma have been a partner of the HM Land Registry for over 2 years in conjunction with Ordnance Survey through their Geovation programme.
Greater use of social media is becoming common place. In January 2019 the first sale of a property on Instagram via a developer took place. This certainly highlights a possible new trend and proves how valuable free social media channels can be in promoting property just as with any other product online.
Smartphone apps for house sharing tenants to find each other are becoming more common across Europe and are making their way over to the UK. More ‘dating style apps’ for house sharing tenants are likely to appear in the market this year, which aim to help bring tenants together and allow for easier, safer and less expensive ways to find new housemates and to promote vacant rooms. One such app is Barcelona-based Badi which has already proven itself in Spain and has now landed in London, where it aims to steal market share from Spareroom, Rightmove and letting agents.
The use of Blockchain in the property purchase process, has the potential to open up property transactions and allow those involved to stay up to date digitally. Historically property purchasing has been bureaucratic and slow. Blockchain has the potential to unlock a new transparent way of working for all parties for an easier and quicker process all round. This in turn could significantly increase investment for buy to let and ensure a constant flow of available private rental properties to market.
To help put a financial value against the impact Blockchain will have, the Government confirms at their recent conveyancing conference 2019 that this costs the UK consumer somewhere around £270 million in surveys and searches on properties that they do not even end up owning.
Start-ups with innovative geospatial or property technology ideas are invited to apply to our 2019 Accelerator Programme. For more information on how to apply to the Geovation Accelerator Programme, visit www.geovation.uk/programme or email us at firstname.lastname@example.org.
Backed by Ordnance Survey (OS) and HM Land Registry, the Accelerator Programme has produced a steady pipeline of success since its introduction in 2015. A total of 84 start-ups have gone through the programme, creating more than 200 jobs and raising £23.3 million in investment funding.
At Kamma we care about cutting through the noise and giving you the latest news and updates on property licensing. Each month, we give you a full rundown of the latest scheme announcements and property licensing news in the Kamma Property Licensing Update. This month we will be looking ahead at some of the challenges […]Read article
Why agents need to prepare now. The UK residential property sector contributes to 22% of all UK emissions. With COP26 just a few weeks away, there is a huge amount in the legislative pipeline designed to tackle this problem. Earlier this year the government passed the first reading of the Minimum Energy Efficiency of Buildings […]Read article
NRLA turn to technological solution to the challenge of increasing landlord legislation, variable local laws, and rising enforcement Partnership means all member landlords will be able to access live licensing updates New arrangements will ensure NRLA members benefit from an enhanced advice line service powered by real time property data October 04, 2021 – The […]Read article
Licensing enforcement has been on the agenda for many councils around the UK this year, with no signs of slowing down. With Michael Gove replacing Robert Jenrick as Housing Minister this month it remains to be seen whether this trend will continue. Looking back at the last month, we have not only seen landlords and […]Read article
Book a demo or get in touch
If you'd like to see the power of the Kamma platform in action, you can book a demo with us by simply clicking on the Book a Demo link at the top of the page.
Otherwise, you can get in touch with us using the form below and we will get back to you as soon as we can.
Sorry, but something went wrong. Please let us know and we'll do our best to fix it.
Thanks for sending us your message. You'll be hearing from us shortly.