Kamma’s integration with Reapit helps agents to strengthen their protection against fines of up to £30,000 through automated property licensing solutions.
Geospatial technology firm Kamma have today announced that over 87% of London councils (28 out of 32) are implementing or proposing additional regulations in the Private Rented Sector (PRS), with 24 already running discretionary licensing schemes. In the wake of rising regulation, Kamma’s new partnership with Reapit’s platform makes it easier than ever for agents to stay compliant with ever-changing licensing requirements.
2023 is shaping up to be a record year for new property licensing schemes. The number of new schemes set to launch this year has already matched last year’s total of 32, with huge London-based schemes in Merton, Redbridge, and Southwark. Regulation is not slowing down in the new year either with Islington, Nottingham, Warwick and Greenwich schemes already confirmed. Large consultations in Bristol, Brighton and North Yorkshire suggesting there is more regulation is yet to come.
Kamma’s Reapit integration will make the hard work of compliance monitoring even easier for agencies waiting in the wings. Through Reapit’s widely-used platform, agents can seamlessly integrate Kamma’s services via its API, gaining access to the most up-to-date information on new and existing licensing schemes that affect their property portfolios, resolving complexity at the click of a button.
Orla Shields, Kamma CEO, continues: “The integration with Reapit is yet another addition to our toolkit designed to alleviate compliance complexities and optimised processes, cutting down the operational cost of compliance and enabling agents to focus on strategic initiatives and winning more instructions.”
Kamma recently raised a £3.6m investment that will fund the expansion of its market-leading property data engine that acquires, integrates, and calibrates thousands of property data points. The raise will, in part, help Kamma to consolidate its leadership in the property licensing market with the expansion of its monitoring and compliance software to platforms such as Reapit.
About Kamma:
Kamma is a world-leading geospatial technology company based in the UK. It specialises in creating unique data and solutions from disparate information for the property and financial sectors. Kamma works with organisations throughout the real estate value chain, providing unique data that wins new instructions, creates new revenue streams and slashes the operational cost of compliance.
About Reapit:
Reapit is a comprehensive property management platform widely used by agents and agencies. With a focus on innovation and efficiency, Reapit empowers property professionals to streamline their operations and enhance customer experiences.
Contact us or book a demo now to understand how Kamma can solve property licensing for you.