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28 Friday Jun 2013

Generation Rent fuels exponential growth for Rentify Posted by:

As landlords build up their portfolios to harness the growing number of renters, Bien Media client Rentify, the UK’s fastest growing property and technology company, has seen exponential growth with some 600 properties a week being added to its website. Rentify’s free services, transparent costs, and faster letting process help landlords to market, manage, and make money from their properties.

Rentify already has 100,000 registered users who wish to cut out the middleman and avoid using letting agents. Most landlords use Rentify for its “speed lets”, which make it much faster to find tenants than using a high street letting agent.

George Spencer, CEO of Rentify, says: “We’re thrilled at the growth we’ve seen in the first half of 2013. Rentify is creating the equivalent of two large letting agents every week. With our easy-to-use service and the free coverage we provide for rental properties, life has never been easier for landlords. With Rentify they can list a property and obtain a tailored contract for free.”

Additional services are transparently priced. A full tenant profile costs just £15, with a full range of certificates and services available a la carte, including free Zoopla advertising and Rightmove from just £14.99.

In January Rentify secured £2m of Series A funding from Balderton Capital (LoveFilm, Wonga), and has in recent weeks announced the hires of Buford Taylor (eventbrite) as CTO, and Robin Sturmey (NBC/Universal) as Marketing Director.

About Rentify:

Rentify is the UK’s leading online service for landlords, helping them to market, manage, and make money from their properties. The company was established in 2011 and its’ first services went live in 2012, seeing 100,000 users register in less than a year. Rentify is backed by investors including Balderton Capital and D5 Capital.

Rentify is a member of ARLA and the Residential Landlords Association.