PropTech News - new products and announcements for agents

After nine years with the business, Goodlord co-founder Tom Mundy has stepped down as chief operating officer. An official statement from the PropTech platform says he “is taking a break to recharge and is looking forward to exploring new opportunities in due course. “

Mundy comments: “It was an honour and privilege to help grow Goodlord over its first nine years. From the kernel of ambition to make renting better for all, to the UK’s fastest growing RentTech platform; it’s been quite the journey. I look back at my time at Goodlord with nothing but fondness and wish the whole team the best as they continue to transform the sector for the better.”

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The Depositary has announced two new integrations, with ACT Property and Hinch PM. ACT Property and Hinch PM join existing inventory partners Inventory Hive, inventorybase and No Letting Go/Kaptur. These complement The Depositary's integrations already in place with TDS (Insured & Custodial), Please Connect Me and PropCo. 

Depositary co-founder Kristjan Byfield says: “In seconds, we can extract not only final meter reading data but any tenant-liable dilapidations that have been reported along with the associated evidence. Property Managers can then quickly and easily curate these, ready for proposals to be signed off by their landlord before entering the tenant negotiation process. In theory, they should never have to read a checkout report again.”

To date, The Depositary has processed over 25,000 tenancies saving agents over 60,000 hours since launch. 

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The Muuvo tech platform claims to have developed a means of optimising energy costs on rental voids. When rental properties are empty and no energy used, standing charges of 10p to 80p per day are incurred for for electricity and from 5p to 60p per day for gas.

Muuvo says opening a void account when tenants vacate allows it to ensure the unit price and standing charge are correct and do not exceed the current government price cap. The cap is due to be removed in July as energy prices continue to fall and Muuvo says in this case it will ensure a void property is on the best available tariff.

Muuvo also suggests the installation of smart meters when a tenant vacates to avoid landlords paying more than necessary when usage is charged on an estimated - and not actual - reading. 

GuestReady, a property management platform, has unveiled a new brand identity, some seven years after the company's inception, 

A statement from the platform says the new logo features an abstract G “constructed of shapes that represent portals and windows, symbolic of the opening of possibilities, experiences, and the properties they manage.”

GuestReady enables property owners and guests to make the most of short lets. Founded in 2016, GuestReady offers a range of services, from property management to guest support, to help property owners maximise their revenue and provide travellers with unique, high-quality accommodations.  It is currently active in Europe and the Middle East.