MOVO hopes to cut out letting agents by expanding online platform

Lettings firm Monkey vs Owl (MOVO) has expanded its online capabilities to provide a national service for private landlords, with a view to cutting out letting agents.

The Derby-based company, which launched in 2017, initially focused on marketing and managing local properties aimed at young professionals and students. But Monkey vs Owl has now invested to further develop the capabilities of its online platform, increasing the remit of their service nationwide.

This new platform enables landlords to take control of their property management and market their properties to prospective tenants online from £3 per listing per week. The aim is to cut out letting agents.

Landlords also have direct access to prospective tenants who can book and manage viewings online via Monkey vs Owl’s booking system, or alternatively contact the landlord directly.

The new platform also features a ‘Landlord Verification’ option, which allows landlords to be validated by Monkey vs Owl.

Monkey vs Owl sales director James Lomas said: “Despite being a relatively young company in a highly competitive market, we have grown steadily over the past two years – using innovative technology and a transparent service to both landlords and tenants.”

He added: “Our plan was always to broaden our services [beyond Derby] across the UK and we have invested heavily to expand the capabilities of our online platform and continue our ethos of taking the hassle out of renting both for landlords and tenants.

“This platform is designed to be accessible to everyone. It effectively puts the power back into the hands of landlords – enabling them to quickly upload property details and have direct access to prospective tenants.”

Lomas continued: “We are also able to provide managed services if required such as tenant viewings, insurance, tenancy agreements and property maintenance which we coordinate through a national network of agents based in each town and city and contractors who we have vetted and trust to carry out any work required.

“This is an exciting new phase for Monkey vs Owl as we start to expand across the UK.”

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5 Comments

  1. AlwaysAnAgent

    Completely clueless. Although they claim to “cut out the agent” they also offer a managed service through agents.
     
    Another minnow of a firm with a serious lack of brain cells. They can’t even run one office profitably and it’s loss-making in their main patch in Derby.
     
    Back in July the firm had 600 rooms to let in Derby and presumably a handful in Loughborough. The only place they are expanding is into their overdraft.  

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    1. Mythoughts

      Do Landlords that use Agents employ them because they do not want to get involved withe viewings,managing their property and the workload involved ?  
      They may have some difficulty with the name MOVO – it appears its is already a registered TRADE name.
       

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  2. Mrlondon52

    Lots of competition now with tools for landlords. Howsey offering their £15 a month product, lettingaproperty, openrent, etc, etc.

    I do like the name though – takes guts

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  3. AgencyInsider

    Google MOVO and see how many other companies have the name. I imagine m’learned friends are sharpening their quills as we speak…

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  4. GeorgeHammond78

    Tremendous

    Waste of time, energy, money

    And, likely to be

    Terminal

    So, stop wasting our valuable reading time.

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