Latest News

HM Land Registry portal enhancements – a benefit to the property industry

11 August 2020

Following the announcement on 27 July that transfers of ownership of property, leases, mortgages, and other property dealings can be signed electronically, HM Land Registry has also confirmed that customers in Wales and England can now manage all portal applications and correspondence in one central place. Read More...

Government urged to speed up cladding remediation process

10 August 2020

The second report from the Industry Safety Steering Group on the progress of culture change in the construction sector was issued on 5 August, which highlighted the need for further change for the industry now, ahead of the legislation. Read More...

Consultation to reform planning system launched

06 August 2020

Housing Secretary, Robert Jenrick announced today, 6 August, the Government is ‘Planning for the Future’ and aims to overhaul outdated systems and reform the way the country builds. Read More...

Property market to continue through Aberdeen lockdown

06 August 2020

Following the announcement on 5 August by First Minister, Nicola Sturgeon, that Aberdeen is in lockdown for a period of at least seven days, the Scottish Government has published regulations clarifying the property market can still function. Read More...

REACH UK prepares the ground for the proptech solutions of the future

Wednesday 08 July 2020

NAEA Propertymark is teaming up with award-winning international Proptech development programme REACH UK, to help a new UK cohort of developers provide future solutions to estate agents’ problems.

Practical expertise from NAEA Propertymark will help ensure that any future technological solutions are of true benefit to property professionals.

The REACH programme, created by Second Century Ventures, draws on sector expertise to inform the selection of proptech start-ups giving them access to mentoring, backing and support to launch their products.

Previous start-ups have created solutions for many aspects of the property industry, including:

  • marketing automation
  • agent safety
  • leasing
  • lending
  • transaction management and tokenisation

The programme has already been successful in the US and Australia, with 2020 programmes being launched in Canada, and the UK. Participating companies have created industry partnerships with DocuSign, Google, Facebook and others.

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Proptech is an exciting and growing industry in the UK and the launch of REACH UK’s scale-up programme comes at a time when many start-ups will be concerned about their future as a result of COVID-19.

This programme will allow them to develop a piece of technology that will make a difference from the very beginning, with early engagement from the sector to make sure that the products work for property agents. We have seen that the programme has had great success in the US and look forward to working with the team to see proptech businesses flourish.

Phil Keddie

Mark Hayward
NAEA Propertymark Chief Executive

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We are excited to work with Propertymark who share our mission of equipping real estate practitioners with the right tools. This is a clear testimonial of the partnership strength between the National Association of Realtors and Propertymark signed more than 25 years ago – at REACH UK we are pleased to become a part of this long-standing relationship.

Valentina Shegoyan, Managing Partner of REACH UK

Applications for REACH UK will open on 31 July and close on 30 September with selected companies announced in November 2020. Propertymark will keep members updated on how the work of the 2020 UK cohort might help make members’ business more manageable, profitable and problem-free.

Reach UK