PropTech is a word you may have seen popping up from time to time. Certainly since the start of the pandemic, PropTech startups seem to be launching left, right and centre. If you didn’t already know, PropTech is a real estate movement that is helping develop more efficient systems that help meet new and ever-changing consumer habits.
Put simply, PropTech is optimising the way consumers research, rent, buy, sell, and manage properties online. It’s all about making things easier, both for the consumer and real estate agents. According to Pete Mugleston, Managing Director at Online Mortgage Advisor:
‘Renting, buying, and selling properties has traditionally been a very drawn-out process. Technological advancements are making these things more accessible than ever before. Consumers’ needs are being met more effectively, and work processes are being transformed for the better.’
This article will share some of the most talked about PropTech Startups in the UK. Let’s get started.