Online agency expands from students to national lettings market

19 November 2020 | Renting

Online agency expands from students to national lettings market

Online lettings company Monkey vs Owl – also known as MOVO – has expanded from a regional and mostly student service into a national agency.

The Derby-based company was launched in 2017 and initially focused on marketing and managing local properties aimed at young professionals and students.

The platform included a city guide curated with information and special offers on local amenities, attractions and businesses.

However, now it’s expanded into a national service with fees starting as little as £3 per week.

It says landlord clients have direct access to prospective tenants who can book and manage viewings online via MOVO’s booking system, or can alternatively contact the landlord directly. The new platform also features a ‘Landlord Verification’ option, which allows landlords to be validated by Monkey vs Owl.

Director James Lomas explains: “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.

“We have initially concentrated on our home city of Derby where we have around 600 rooms in properties and homes with multiple occupancy.

“Our plan was always to broaden our services 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.”

He adds: “We are building our unique city guides across the UK recognising that many of these properties attract students and young professionals who are new to the area and want to feel part of the local community and to raise the profile of local businesses.

“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 post has originally been featured in Letting Agent Today.