Residence.co.uk, one of many UK’s longest-established property portals, has been acquired by Homemove, a fast-growing UK proptech platform.
Based in 1995, Residence.co.uk was among the many nation’s first unbiased property search and evaluation web sites. Below its new possession, the platform will retain its identify and stay free for property brokers to listing properties.
The acquisition, for an undisclosed sum, follows Homemove’s $5m (£3.84m) progress funding spherical earlier this 12 months, as the corporate works to simplify the home-moving course of by way of knowledge and expertise.
Homemove mentioned brokers itemizing on Residence.co.uk will profit from enhanced listings, new income alternatives through its linked providers platform, and ongoing product enhancements deliberate for 2025 and past.
James Freestone, co-founder and CEO of Homemove, mentioned: “Portals have grow to be revenue engines as an alternative of product corporations. We’re bringing innovation and equity again to the market as we glance to construct essentially the most product-led listings vacation spot within the UK. It should at all times be free to listing on Residence.co.uk – entry to the market shouldn’t be paywalled.”
Ben Horton, founding father of Residence.co.uk, commented: “Residence.co.uk has at all times stood for independence and knowledgeable decision-making. Homemove’s power and product focus will take that mission additional, serving to brokers and movers make higher selections with richer perception.”
