Regional News

UK’s Vesta launches property marketplace for private rented sector

By Editor 0 Comments NEWS, Regional News

Vesta has launched a digital property marketplace for the private rented sector (PRS), to support growing institutional investment.

The new marketplace also offers properties with ‘tenants in place’, ensuring that sellers earn all the way to completion, buyers earn from day one while tenants avoid disruption to their lives.

Russell Gould, Vesta’s chief executive, said: “Within the next five years, we strongly believe that Vesta will be the norm for the residential investment property sector, bringing together housebuilders, buy-to-let sellers, buyers and property investors.

“Akin to the introduction of eBay and Amazon, the PRS has been crying out for change, and new technologies have now made this possible.

“The unique Vesta online marketplace is designed to provide buyers and sellers with more choice and a faster, simpler and assured process while reducing the chances of gazumping.

“Buyers can make offers or choose to buy at a guaranteed price with due diligence complete and tenants in place – a refreshing change to the current outdated system."

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