Chancellors has signed up to use The Lettings Hub pre-tenancy proptech platform BOX for the next two years.
The exclusive agreement will see all the agent’s branches using Property Passport referencing via the BOX platform. It will allow them to pre-vet tenants free of charge and is fully integrated with open banking technologies, delivering a tenancy decision based on this data – alongside human review of the application – within two to three hours.
The latest statistics from Propertymark show demand for rental properties is soaring, with the number of new prospective tenants reaching 97 per branch – the highest on record for the month of May. With Property Passport, it says agents can cut the need for multiple viewings and will save about £75 on every let.
Chancellors has also signed-up to use other BOX integrated products and features including tenant and landlord insurances, landlord-led deposit replacement insurance, property damage protection and eviction cover.
MD Robert Scott-Lee says The Lettings Hub services support its model of landlord and agent purchased insurances that keep clients in control of the tenancy process. He says: “The onboarding process so far has been excellent and our teams look forward to the additional efficiencies the platform will help them to deliver.”
The Letting Hub’s sales director Vince Demilio (pictured) adds: “We’re delighted that Chancellors has chosen to partner with The Lettings Hub to use the BOX platform and products. We look forward to delivering on our promise to them to that BOX will speed up their lets, increase their product revenue and provide the best tenancy journey in the market.”