Two rental proptech firms announce large distribution deals

first_imgRental passport service Canopy and rent recognition platform CreditLadder have both announced significant distribution deals today.Canopy is get access to the combined 28,800 employees of Direct Line insurance, consultancy PwC and credit agency Experian who are to be offered its deposit-free renting product in the UK.It will be supplied via its mobile phone rental app which enables tenants to build both a track record and a ‘trust score’ that includes their income, creditworthiness and employment details as well as evidence of their regular rent payments and past references.Canopy’s deposit replacement service is one of several insurance-based schemes that asks tenants to pay six weeks’ rent. This buys cover for both them and the landlord against damage to the property during the length of the contract.The sign-up of the three big firms follows a similar deal with the John Lewis Partnership earlier this year and Canopy, which works with letting agents as well as landlords, says the new deal is part of its corporate partner programme.“We believe this represents an important signal for estate agents and build-to-rent landlords, who will now need to accommodate the scores of conscientious urban renters looking to lock into deposit-free rental accommodation,” says Canopy’s Chief Commercial Office Jon Pitt (right).CreditLadderRentalStep rival CreditLadder has also revealed a partnership today. The rent recognition platform, which enables tenants to add rental payments to their credit history, has signed a distribution deal with banking app Bud.This partnership enables Bud’s 10,000 users to access CreditLadder’s rent reporting service directly via its mobile phone app.Alan Walsh of Bud (left) says: “About 80% of our team rent their homes, it’s their biggest monthly outgoing and they have long histories of making those payments on-time, month after month.“It was just wrong that this data couldn’t be used to help them achieve what they wanted in life so it’s great to be working with the team at CreditLadder to address the situation.”Sheraz Dar, CEO of CreditLadder, adds: “There is huge momentum within both the banking and tech sectors at the moment to help a greater number of people access more affordable credit, and our partnership with Bud is a ground-breaking initiative that builds on this.” proptech Jon Pitt Canopy Sheraz Dar creditladder September 4, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Two rental proptech firms announce large distribution deals previous nextProptechTwo rental proptech firms announce large distribution dealsCanopy and Credit ladder get access to tens of thousands of potential tenant customers via new partnerships.Nigel lewis4th September 201801,613 Viewslast_img read more

Exclusive: Hunters CEO reveals ‘behind the scenes’ details of TV show

first_imgPhoto credit: Channel 4 Estate agents across the UK tuned in to Channel 4 on Thursday to watch six children become negotiators for a week in the TV series When I Grow Up. It’s still available on Catch-Up, if you missed it.The programme is the last in the series and follows the raw recruits as they join franchised chain Hunters for seven days, helped by CEO Glynis Frew, national sales director Martin Robinson and York sales manager Vanessa Wilson.The action takes place initially at Hunters’ HQ in York where they are drafted into the company’s sales team following some basic training on telephone negotiation, property valuations, open-house hosting and brochure writing.They are then let loose on the company’s Harrogate branch including the opportunity to deal with real clients both face-to-face and on the phone.“We are family-orientated business and we try to look after people and their families, so the idea behind the programme – which is to offer children from a wide range of backgrounds the opportunity to have their horizons widened – attracted us,” says Frew (left).The three senior staff involved were asked to take screen tests before the project was given the green light and the business had to endure significant disruption as a huge film crew, chaperones and ‘tonnes’ of equipment took over Hunters’ HQ.The children came from a variety of wealth and educational backgrounds which, Frew says, is like Hunters’ employees.“Some [of our staff] are graduates and some didn’t do well at school but that doesn’t mean to say that they are not intelligent; it’s just that school didn’t suit them,” she says.Gifted“Two of the children were really gifted on the phone; they called up real clients and tried to persuade them to reduce their asking price. Money doesn’t have the same meaning for children as it does for adults, so it was fun to listen to.“The customers took it in good heart too – they weren’t warned that children would be phoning them up or that they’d find them on the front desk at Harrogate.“I think it shows how estate agency isn’t about qualifications, it’s about natural interpersonal skills which some children do have.“Kids don’t know how to position something – they come straight out with it which is where it was it was quite amazing and nerve-racking.”Frew says she missed the children after they left because they were so refreshingly honest and challenging in a way adult staff are less likely to be.“It makes you question all your assumptions,” she says.One of the most fascinating aspects of the experience for Hunters is that the children started out at the beginning of the week being competitive but, as the days passed, became more collaborative and team-focussed to “get things done”.All the children received a certificate from Hunters and are now included in the ‘hall of fame’ photo montage in the company’s HQ reception, which is normally reserved for employees who stay for longer than five years.  Martin Robinson glynis Frew CEO Hunters Channel 4 Vanessa Wilson When I Grow Up May 15, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » Exclusive: Hunters CEO reveals ‘behind the scenes’ details of TV show previous nextAgencies & PeopleExclusive: Hunters CEO reveals ‘behind the scenes’ details of TV showGlynis Frew says she’d hire all of the children who featured on Channel 4’s When I Grow Up show.Nigel Lewis15th May 201902,450 Viewslast_img read more