A new start-up hoping to transform the UK home purchasing process has launched after closing £850,000 of funding.
Track My Move, a flagship product of property technology start up Properr, brings together customers, estate agents and solicitors on one platform.
The platform provides a one-stop-dashboard where all relevant information is held and can be accessed by everyone involved in the process.
Owen Derbyshire, founder and chief executive of Properr, said: “The current process of buying or selling a house is archaic, inefficient and stressful.
“Despite it being the biggest transaction most people will ever make in their lifetime, buyers and sellers often experience frustration over the lack of transparency in the process.
“Track My Move is a big leap forward in transparency and accountability for all concerned. We’re working with partners and regulatory bodies to ensure the platform works for all parties and meets everyone’s needs from offer through to completion and post-completion.”
The platform’s target is to cut the standard home purchase transaction time from an average of 10 weeks to two days.