Rentround announce expansion into the mortgage industry

Estate & letting agent comparison platform, Rentround, has announced that its expansion into the mortgage industry would see the firm utilise its lead generation expertise to help mortgage brokers gain more business.

Related topics:  Business
Property Reporter
22nd February 2022
Mortgage 221

Rentround, in only its second year of operation, expanded to comparing estate agents in 2021 after initially only focusing on the rental market. The platform now features over 1,000 agents nationwide, including brands; Leaders, EweMove & Northwood.

Comparing brokers

The new comparison platform will be under a different brand to cater for the unique requirements of those looking for brokers, & the brokers themselves. The platform will accommodate all types of mortgage requirements, including first time buyers, buy to lets, remortgages etc. The broker comparison platform is on target for release at the end of Q2.

The platform, will be co-founded by both Raj Dosanjh (Rentround founder) and Sandip Sekhon, founder of crowdfunding platform, Go Get Funding.

Raj Dosanjh, comments: “We’re proud of the growth Rentround has experienced over the past two years. Revenues in year 2 are on target to be 100%+ higher than our first year, surpassing all targets.

"2022 will see a host of service improvements for our estate & letting agents. More data points, targeting sellers & landlords based abroad and higher lead volume plans are in the pipeline.

"With our expertise in lead generation, the property industry and marketing, a sideward step into mortgages is a no brainer.

"Many of our agents have asked for leads in the mortgage area, a lot of which already get additional income from our leads off the back of mortgage services.

"Comparing mortgage products is difficult, you need live data fed in from different providers. Many people looking for a mortgage aren't quite sure which mortgage is right for them, which is where a broker is vital. This is where the focus of our platform will be.

"Mortgage based searches online dwarf the sales & rental market almost twofold - so the potential for our comparison platform is huge."

Before you read on, we'd like to get an idea of who is reading Property Reporter - so we can tailor the news and topics we cover to you. Are you a:

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.