Portal pioneer accepts challenge of Scottish lettings

Nick Leeming, the father of the property portals business in the UK and one of the most respected figures in the industry, has joined the board of a Scottish lettings website – at a time when the industry is facing up to a number of challenges.

Leeming, who launched Propertyfinder in 1995 and which was the fore-runner of today’s Zoopla, has joined Lettingweb as a non-executive director.

Leeming is already on the boards of lettings chain Belvoir and Spark Energy, which supplies utilities to the private rented sector, and chairs the board of Jackson Stops & Staff.

Lettingweb is currently trying to part-mutualise by offering a 50% share of its business to Scottish letting agents.

It says that this is in response to several threats to the Scottish letting industry, including un-named but “aggressive online publishers seeking to achieve monopoly status” and dictate marketing prices and terms.

Another threat, it says, is the poor image that the lettings industry has, and a third is the “ill-considered legislation” that has come through in recent years.

Leeming was with Propertyfinder through a number of changes over the years. When it morphed into Zoopla, he became Zoopla’s business development director, leaving in 2012.

He said of his latest appointment: “I’m joining at an exciting time for Lettingweb.

“This is a time of transition in the online property market, when innovation is key and a shared ownership model for Scotland is going to revolutionise services for our letting agents.”

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