PropTech platform accelerated to market for use during virus crisis

by: Mary-Anne Bowring/Letting Agent Today

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A new automated lettings platform claims to automate key processes around compliance, marketing, leasing and management for letting agents.

Ringley Group, a property management group, claims it’s invested more than £2m in creating a suite of PropTech products under the PlanetRent label. The platform connects agents, landlords, tenants, contractors, accountants and any site staff by giving each access to the platform, along with the data required for them to transact from home if required.

This includes fully-compliant contracts that can be e-signed by landlords, tenants and agents; tenants are provided with legally required documents, such as a copy of the government’s How to Rent checklist, Deposit Protection Scheme details, as well as energy performance and gas safety certificates. It also claims to protect against lengthy void periods by simplifying the renewal process to just three clicks, with the platform prompting tenants to renew as they approach the end of their tenancies. Properties are then automatically marketed and move-out checks triggered if tenants choose to vacate. “We have brought forward the launch of PlanetRent to reflect the COVID-19 landscape, with demand for remote working that won’t go away once the virus and its impact has faded” explains the company.


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