MediaCityUK launch for proptech firm Mr Investa
A proptech company which aims to help landlords offload their buy-to-let properties has launched in MediaCityUK.
Founded by Ryan Hughes, Mr Investa provides clients with all the tools they need to sell tenanted properties to other landlords including video walkthroughs, property floor plans, as well as current and projected financial performance.
Ryan, who has been working in property for 15 years, launched the business earlier this year having left Trafford Park-based YieldIt where he was head of sales.
He said: “Whilst in my last job, I discovered a gap in the market. The needs of investor-to-investor sales are being neglected by the high-street brands.
“Asset disposal will be key over the next two years, with most business owners needing to free up equity to stay afloat. Throughout the pandemic, 70,000 UK households have been made homeless, with thousands more threatened out of the need to move on investments.
“With Mr Investa, landlords can sell their tenanted buy-to-let straight to another likeminded landlord.
“Tenants in situ provide buyers and sellers with the most security, as rental income continues throughout the sales process.
“The buy-to-let sector continues to grow exponentially. However, the biggest stumbling block for most new investors is the time it takes to get it right.”
Mr Investa provides clients with all the tools they need including detailed video walkthroughs, property floor plans, as well as current and projected financial performance.
Chris Reay, Property Director for MediaCityUK said: “Our SME community plays an important role in MediaCityUK. We are committed to supporting start-ups and SME’s like ‘Mr Investa’, and we are thrilled to play a part in helping Ryan achieve his ambition of wanting to open a business in his hometown of Salford; which means we can retain talent in our region.
“It is encouraging to see that the ‘Mr Investa’ team see an exciting opportunity to grow and develop their business at MediaCityUK; a hub committed to attracting, supporting and growing SME’s as well as attracting national and international businesses.”