Large independent signs exclusive PropTech deal for two years

The independent Chancellors agency chain has signed an exclusive contract to use The Lettings Hub pre-tenancy platform BOX for the next two years. 

The Lettings Hub is one of the UK’s largest let property service and tech platform providers and launched BOX to the market earlier this year. 

The new agreement will see all Chancellor’s branches use Property Passport referencing via BOX; this will be used to pre-vet tenants, delivering a tenancy decision based on open banking data, alongside human review of the application, within two to three hours. 

In addition to referencing, Chancellors has also signed-up to use several other BOX integrated products and features, including tenant and landlord insurances, deposit replacement insurance, property damage protection, and eviction cover. 

Robert Scott-Lee, managing director at Chancellors, says: “Having recently reviewed the market, we believe the BOX platform represents the best in pre-tenancy platforms out there, and that it will help Chancellors to deliver and provide both value and a seamless tenancy journey for our customers and clients. 

“The Lettings Hub services support our model of landlord and agent purchased insurances that keep our clients in control of the tenancy process while allowing property to be offered with attractive benefits to tenants. The onboarding process so far has been excellent, and our teams look forward to the additional efficiencies the platform will help them to deliver.” 

And the Letting Hub’s sales director Vince Demilio says: “Both of our brands successfully combine market experience with innovation. 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.”