Breaking Property News – 20/11/2023
Daily bite-sized proptech and property news in partnership with Proptech-X.
ClicPad – Off plan investments platform for investors looking to buy in UK has launched
Full disclosure, through my day job getting Proptech founders from MVP to exit, I have known the very capable Rich Wynn for some years, (he is not a client) and I had promised to catch up with him to discuss clickpad which launched recently. Here then a few weeks late, is all you need to know about ClicPad, a one-click platform for investors wanting to buy UK off plan properties; with digitized and refined processes providing a seamless property investment purchase experience.
Having looked at the platform my thumbnail sketch is that a buyer once registered on the site can search for UK Off plan property choosing from a selection of curated potential opportunities. Then make an informed decision using the latest analytics and research. Reserve their property. Select and instruct a solicitor. Complete their Anti-money laundering (AML) and Know your client (KYC) verification. Submit documents to complete the contract. All whilst on one single platform.
Rich Wynn Co-founder of ClicPad explained its genisis, ‘We found that many experienced, sophisticated and first time investors globally wanted to buy brand new homes in the UK but were frustrated as the journey was a slow and bumpy one. As we knew the sector extremely well we built clickpad to address this.’
‘With its unique six-step process streamlining the buying process for all parties involved. One platform for access to your agent, legal assistance, AML KYC and document verification, this means you can upload your documents check progress of applications and see notifications all on a dynamic dashboard.’
Azeem Ahmed Khan CEO & Founder of ClicPad, explains that investors only commit to a purchase when they feel they have all the information, but this information is often sketchy or in lots of different places, causing frustrating and delay for the new home seller and the buyer.
CEO Azeem Ahmed Khan comments, ‘As an investor buyer on ClicPad you are in safe hands, you can search for your UK Off plan property investment using our state-of-the-art analytics tools which make it simple to understand data. With Advanced Data science we bring together all UK residential data sets into a single platform.’
‘Using the very latest in machine learning and AI technology our buyers can tap into present price forecasting, synthesize market trends and predict purchase patterns. Which together with our intuitive image-based user interface translates visual property visits into informed investment decisions – a win for investors and new home builders looking to sell their inventory’.
Having looked at the site it is clear that it allows buyers to research:
Markets – Visualize market trends and compare locations Create customized time-series analyses Use our heat mapping technology to visualize data.
Land Ownership – Gain insight into land ownership information Search for land that fits your development requirements Customizable planning features.
Demographics – Quickly understand socioeconomic data Identify your target markets Determine age profiles, affordability, and income levels.
Collate Custom Reports – Generate custom report templates Significantly reduce report creation time Efficiently analyse assets and opportunities.
Rich Wyn Co-founder of ClicPad sums up the newly launched and rapidly scalling venture, saying, ‘ClicPad is set to gently change the way investors think about buying Off plan real estate in the UK, a platform where investors are only one click away from securing their next investment. And where builders can showcase suitable property to willing, able and verified buyers looking to execute purchases quickly.’
AdvoCATS provides evidence to the House of Commons Committee on Renters Reform Bill
EAST Midlands-based pets charity AdvoCATS provided oral evidence this week (16 11 2023), to the House of Commons Committee considering amendments to the Renters Reform Bill currently going through parliamentary process.
“I was honoured to be given the opportunity to discuss sensible ways to improve the number of pet friendly rentals in England,” commented AdvoCATS co-founder Jennifer Berezai.
One of the most important pieces of legislation for the private rental sector in 30 years, the Bill being scrutinised by the parliamentary committee, is intended to ban Section 21 ‘no fault’ evictions to protect tenants from unscrupulous landlords refusing to rent properties to people who receive benefits or have children, while also strengthening the landlord’s legitimate grounds for taking back their property.
As the proposals include giving tenants more rights to keep pets in rental accommodation, the committee was interested in hearing the AdvoCATS representative’s views on a change in the law that would prevent landlords having blanket bans on pets, but also offer them a way of protecting their interests.
“It was very gratifying to see that one of the key proposals from our Heads for Tails! campaign, to allow a landlord to stipulate pet damage insurance is held, was included in the proposed legislation,” said Jen Berezai.
At the meeting in the House of Commons the AdvoCATS founder addressed concerns about landlords letting to pet owners, the availability of property pet insurance, and the risk of discrimination against pet owners. The nature of Head Leases, which exist on many flats and apartment developments, was also highlighted by Mrs Berezai, as if they contain a ‘No pets’ clause that would be considered a reasonable excuse to refuse pets, along with the need for a significant awareness campaign for such leases among the tenant community.
AdvoCATS is a voluntary non-profit organisation based in Long Eaton, Derbyshire that offers free support and advice to landlords and tenants, assisting pet owners who have difficulty finding rental accommodation.