Honest Homes is an online platform that empowers landlords to manage the letting process from start to finish. By guiding landlords and tenants step-by-step through the rental journey with ease and transparency, our comprehensive solution eliminates the need for agents, saving users time and money.
Honest Homes is a PropTech platform that aims to cut out the high street agent middleman by providing landlords and tenants with the tools to easily manage the letting process, build trust and stay compliant.
From listing properties and finding the perfect tenant, to creating contracts, checking compliance and collecting/paying deposits & rent, our online service automates the rental journey from move-in to move-out. We want to optimise the property market with an all-in-one solution for landlords and tenants. The simple answer to an increasingly complex rental market, we save landlords weeks of time and reduce administrative costs from as high as 12%, down to just 3%.
With embedded compliance checks, built-in reviews & ratings, and competitive pricing, our #1 priority is giving users total peace of mind.
- Generation Rent is growing; 21.6% rise in UK rental homes from 2010-15
- 46% of 25-34yo rent in UK’s private rented sector; nearly 1M 65+yo estimated to live in PRS by 2035
- Future Tenant Fees Ban will raise high street agent fees
- BTL mortgage interest tax relief began reducing in April 2017; by 2020 landlords won’t be able to offset mortgage interests, greatly decreasing net yield
- Property market is moving online with 7K high street agents at risk of closing
We aim to have 1.8% of the UK addressable market by Y5, representing ~60K listings.