Sunday, February 25, 2024

Property data firm pricehubble launches in uk


PriceHubble already has an existing footprint in nine international markets

PriceHubble is launching its flagship product in October – Property Adviser – a visual dashboard which includes multiple data sets, including property valuation and local amenities, to help organisations better advise clients on their property wealth and for consumers to benefit from increased transparency about their homes.

PriceBubble is focussed on partnering with UK banks, wealth managers, IFAs, mortgage brokers, estate agents and software platforms to deliver property insights that can be digitally embedded into their customer journey.

At six years, PriceHubble already has an existing footprint in nine international markets – Switzerland, France, Germany, Austria, Japan, the Netherlands, Belgium, the Czech Republic and Slovakia.

PriceHubble serves over 1,500 B2B customers, including brands such as Credit Suisse in Switzerland and BNP and Axa in France.

As part of its wider plans for the UK market, Tony Prestedge, former deputy CEO of Santander and Nationwide, has joined the business as an adviser and investor. Tony is supporting the firm’s UK expansion strategy and business development initiatives, along with Ian Walsh, UK country head.

Stefan Heitmann, co-founder and executive chairman of PriceHubble, said: Following the success in European and Asian markets, we are thrilled to be launching the business in the UK – a clear milestone in our global expansion strategy. The UK is Europe’s most dynamic and very likely, most competitive real estate market, but UK customers and their financial services partners do not have access to the level of data and insights that PriceHubble currently delivers to its existing clients worldwide. We are entering the UK market with a laser like focus on partnering with new clients to deliver powerful property data and insights that transform their customer engagement and business performance.

Tony Prestedge said: There is no doubt we are at an inflection point in the UK, because of an ageing demographic, changing housing market and growing economic challenges, including rising interest rates. The home itself is now becoming a financial asset, which changes throughout people’s lives. This means making the right decisions about property can not only change the outcomes of an individual’s life for one generation, but multiple generations.

He said: PriceHubble is at the heart of these market dynamics, which is why I strongly believe the business is the perfect fit for the UK, where people have a strong emotional bond, as well as an ever-increasing financial dependency on the places they choose to live.

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