eMoov.co.uk receives £1.5m financing to continue it’s growth.

January 20, 2015

Leading estate agency disruptor eMoov.co.uk has received a significant boost, securing a £1.5m financing that they will be investing to improve customer experience. The online estate agency concept eMoov has experienced strong growth this year and, with a customer satisfaction rate of 98%, the online estate agency has gone on to sell over 3,500 properties, offering home owners an approximate saving of over £11.5 million in fees.saving home sellers an estimated £11.5m in estate agency fees.

“Challenging the traditional high street estate agency model, eMoov combines a team of experienced sales negotiators with an alternative outlet for selling properties that includes access to all the major property listing websites. Fees start at just £495, representing a saving of over £3,500 for the average UK property vendor.

“We’ve taken the lead position in the online estate agents market – which has doubled its market share every year since 2010,” comments Russell Quirk, CEO. “This capital injection will fund the completion of our new customer platform as well as enable us to expand our marketing efforts.”

The will sure be a shake up in the UK property industry, especially with the entrance of OnTheMarket on the portal scene. Investments are pouring in for tech / online companies, especially with options such as Crowd Funding. Venture capital investors are always on the look out for online businesses with a good growth potential and it appears that eMoov has caught the attention!

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Rightmove logo
Breaking News

Rightmove asks government to carefully consider property tax changes

The UK’s largest property platform Rightmove is asking the government to carefully consider the impact of any changes to property taxation to avoid unintended consequences which would risk stalling parts of the market. Key data National property tax Just under a third (30%) of homes for sale in England are priced at over £500,000, and…
Read More →
Estate Agent Talk

Get Fast and Reliable Basement Flood Cleaning Services

Having water in your basement is awful. It could be because of a storm, busted pipe, or bad sump pump. Whatever the reason, water damage in your basement has disastrous effects if not dealt with. Basement Flood Cleaning Services are what you need. They will dry it out, disinfect the floor, and have your basement…
Read More →
Breaking News

Breaking Property News 21/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Providing comprehensive, predictive operational intelligence across all aspects of building operations  JLL (NYSE: JLL) this week introduced artificial intelligence (AI) capabilities that are now available as an add-on to Prism, its award-winning building operations platform. As part of JLL’s property management technology ecosystem powered by…
Read More →
Breaking News

UK House Price Index summary: June 2025

The average monthly rate of house price growth in June was 1.4%. The average annual rate of house price growth in June was 3.7%, up from 2.7% in May. As a result, the average UK house price remains at £269,000.   CEO of Yopa, Verona Frankish, commented: “June’s figures reflect a market that is steadily…
Read More →
Breaking News

Private rent and house prices, UK: August 2025

Average UK monthly private rents increased by 5.9%, to £1,343, in the 12 months to July 2025 (provisional estimate); this annual growth rate is down from 6.7% in the 12 months to June 2025. Average rents increased to £1,398 (6.0%) in England, £807 (7.9%) in Wales, and £999 (3.6%) in Scotland, in the 12 months…
Read More →
Breaking News

Industry response to latest inflation figures

Nathan Emerson, CEO of Propertymark, comments: “Unfortunately, any increase seen within the rate of inflation does brings very justified concerns to consumers, many of whom are still struggling with the cost of living, which has been steadily rising over the past few years. “Although there is more work to be done to help ensure inflation…
Read More →