Rental proptech firm begins UK expansion following investment round

Rental app Movebubble has launched its services in Manchester.

The proptech firm offers an app for renters to search available homes, rents and fees from lettings agents and chat directly with them.

There is also another Movebubble app focused on helping negotiators book viewings.

Movebubble was previously focused on London, with partnerships established with agents such as JLL, but has now expanded into Manchester.

The move comes after build to rent developer Quintain took a 10% stake in the business, which Movebubble said will enable it to further develop ‘Movebubble One’, a product developed specifically for the institutional build to rent market.

Movebubble founder Aidan Rushby, a former branch manager for lettings agents Ocean, said: “The latest round of investment from Quintain has enabled us to take Movebubble UK wide.

“Manchester has seen huge changes in the property sector over the last few years, and many of our partners are developing purpose-built homes for renters there.

“This makes it a natural fit for our first launch outside London, I can’t wait.”

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2 Comments

  1. Woodentop

    Apps here, Apps there, Apps everywhere. Seems to be the business to be in today.

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  2. propertylon

    They seem to have shares still for sale on the secondary market at the same share price when they crowdfunded a year ago?

    https://www.seedrs.com/secondary-market/buy

    This means Quintian bought in at the same price a year later…. does that mean they were overvalued when Crowdfunding last year or that haven’t increased in value at all in the last year?

     

     

     

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