Buying a property in the UK is a very long and complicated process. Cem Savas and Emre Kazan launched real estate startup Plentific to provide a shorter and simpler solution to this problem, according to Forbes.
The London-based startup was wants to provide a single place where property buyers can navigate the whole process of home buying. The newly-launched website takes them from the starting idea of a purchase up to the hiring and paying advisers, the report explained.
Plentific stores all financial details entered by users at the initial stage where they are still searching for a property that matches their desired price range. These saved details are then sent later on to mortgage brokers, eliminating the need to fill up additional forms. The website also allows users to communicate with professional advisers regarding quotes and payments, the report detailed.
Although the startup does not exactly change the whole process of home buying in the UK, it readily provides complete information and various professional advisers to help users save a lot of time, the report remarked.
Forbes cited Savas saying: "We don't have the data yet. But if a typical house purchase takes four or five months at the moment, it we can cut that down to two or three, that would be a success."
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