BREAKING NEWS – top 5 stories 16/07/2021

Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at Revolut, U-See Homes, Connells and more.


  • Rishi Sunak congratulates Revolut on $33 billion valuation
  • You’re hired: Connells Group look for 135 new apprentices
  • U-See Homes is on a mission to save Agents thousands of pounds
  • Birmingham City Council harnesses proptech Urban Intelligence to help with housing
  • PRS rents rise by 1.2% nationally according to ONS


Rishi Sunak congratulates Revolut on $33 billion valuation

Fintech funding continues to proceed at a pace. Revolut confirmed its latest round of funding, a Series E injection of $800 million, bringing its valuation to $33 billion. The announcement prompted the Chancellor, Rishi Sunak, to issue a congratulatory tweet.

He said: “Good news that @RevolutApp has raised $800m and plans to expand even further – creating more jobs here in the UK. We want to see even more great British fintech success stories, which is why I’ve published my vision for the future of the sector.”

Given that the financial services “super app” only launched in 2015, it is interesting to see how quickly consumer adoption can make services of this nature hugely profitable.


You’re hired: Connells Group look for 135 new apprentices

The biggest estate agency group in the land is on the lookout for a large intake of apprentices, readying them for real estate roles. Those taken on will go into lettings, sales and other related roles, becoming part of Connells, or its sister brand Sequence.

Connells Group recently acquired Countrywide and now has a 1,300 branch network. Clearly, they’re looking to continue growing the company.


U-See Homes is on a mission to save Agents thousands of pounds

U-See Homes, a virtual tour platform that offers estate agents the “most effective way to bring to life sales collateral” has said that if its service is adopted, it will reduce the amount of time sales staff waste on viewings that do not result in a sale or a let.

The Head of Marketing at U-See Homes, Simon Dempsey, said: “Estate agents spend a considerable amount of time and money conducting initial physical viewings that could easily be replaced by a guided virtual tour. In fact, utilising virtual guided tours could help them showcase three or four homes in the time it would take to conduct one physical viewing.”

Last year, 12% of property lets came from virtual viewings. U-See Homes have seen something and capitalised, and it’s making for an extremely valuable service for buyers and vendors alike.


Birmingham City Council harnesses proptech Urban Intelligence to help with housing

The forward-thinking Birmingham City Council had a problem. They wanted to put together a future development plan for the city.

To speed up the process, they chose to use Urban Intelligence, which exists to “transform the way that the world values land and property.”

Urban Intelligence said that, while the industry as we know it has long been dependent on paper-based processes, its team is bringing about new ones using technology and data science, in order to ”re-think development opportunities.”

Ultimately, what this means is that they can now quickly assess where opportunities lie with regard to development opportunities.


PRS rents rise by 1.2% nationally according to ONS

According to the Office for National Statistics, rents in the private rented sector rose, on average, by 1.2% in June, with the Midlands seeing an even larger rise of 2.4%. Given that there are tens of thousands of tenants who have not been able to pay their rental agreements during the pandemic, it seems an interesting dynamic – rent costs going up as the number of renters able to pay declines.


If you have a view – please let us all know by emailing me at [email protected] – Andrew Stanton Executive Editor – moving property and proptech forward.

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate. Want to contact me directly regarding one of my articles or maybe you'd like a chat about future articles? Email me via [email protected]

You May Also Enjoy

Estate Agent Talk

How to Buy a Property in Today’s Competitive Market

Introduction It is common knowledge that the current real estate market is thriving, particularly in Florida. It is always highly in demand, and prices are rising due to the influx of people by the hundreds of thousands and even the millions. You are now perplexed about how you will ever be able to buy a…
Read More
US Flag
Breaking News

Is the state of Georgia a good place to retire?

Introduction Florida and Georgia have been friendly rivals for a long time, probably most famously on the football field where the universities of the two states compete against one another yearly. But Florida and Georgia are also engaged in a fresh competition over which state offers a superior environment for retirees. You are lucky since…
Read More
Overseas Property

Moving to Vancouver: Is living in Vancouver pricey?

Introduction One of the cities in Canada and all of North America with the highest population density in Vancouver. It is the most culturally and linguistically diverse city in Canada and the third-largest metropolitan area in the country. Since 2014, the city has been the permanent location for TED conferences and has hosted several international…
Read More
how to present your property for sale
Overseas Property

The Top 5 Real Estate Agents in Mississauga

Looking for a real estate agent in Mississauga? Look no further! We have compiled a list of the top 5 agents in the city, based on their experience and success rate. Whether you are looking to buy or sell property, these agents will be able to help you achieve your goals. Contact one of them…
Read More

Real Estate Copywriting Guide: 5 Tips For More Sales

Content related to real estate takes an important place in the thematic sections of copywriting. People always buy, sell or rent housing, which means this topic never loses relevance. However, real estate content cannot be called simple, but if you want big sales, you need to improve in this area, and you can learn how…
Read More
Breaking News


Daily bite-sized proptech and property news in partnership with Proptech-X.   Half of tenants who fear never owning own home face uphill battle in pet-averse rented sector New research from animal welfare charity Battersea reveals that one in two tenants fear they will never buy a home, with the growing number of lifetime renters significantly…
Read More