An online letting agent that claims to offer the premium service of a traditional, high-end agent has raised £850,000 in funding.
Home Made focuses exclusively on the London letting market for properties in the £500,000-plus range.
It offers accompanied viewings up until 10pm at night and on weekends and bank holidays and charges landlords a fee from £948 plus VAT.
The fee includes an account manager, professional photography and floor plan, accompanied viewings, independent referencing and contracting, payments and deposit handling.
A “premium plus” option costs £1,498 plus VAT and offers all of the above, as well as professional cleaning, independent inventory check-in report, gas safety certificate and EPC.
The funding round, led by private equity firm Tethys Equity, is reported to give the company a post-money valuation of £4.3m.
The business was founded by Asaf Navot and Nick Binnington in 2016.
Home Made claims to be on the way to making £1m in revenue in 2018, with over 1,000 properties rented.