Reapit has joined forces with PropTech provider Kamma to automate information about private rental sector council licensing in a bid to make it easier for agents to stay compliant with ever-changing licensing requirements.
We are told that 2023 is shaping up to be a record year for new property licensing schemes. The number of new schemes set to launch this year has already matched last year’s total of 32, with huge London-based schemes in Merton, Redbridge, and Southwark.
Regulation is not slowing down in the new year either with Islington, Nottingham, Warwick and Greenwich schemes already confirmed. Large consultations in Bristol, Brighton and North Yorkshire suggesting there is more regulation is yet to come.
Kamma’s Reapit integration will make the hard work of compliance monitoring even easier for agencies waiting in the wings. Through Reapit’s widely-used platform, agents can seamlessly integrate Kamma’s services via its API, gaining access to the most up-to-date information on new and existing licensing schemes that affect their property portfolios, resolving complexity at the click of a button.
Orla Shields, Kamma CEO, commented: “The integration with Reapit is yet another addition to our toolkit designed to alleviate compliance complexities and optimised processes, cutting down the operational cost of compliance and enabling agents to focus on strategic initiatives and winning more instructions.”
Kamma recently raised a £3.6m investment that will fund the expansion of its property data engine that acquires, integrates, and calibrates thousands of property data points. The raise will, in part, help Kamma to consolidate its position in the property licensing market with the expansion of its monitoring and compliance software to platforms such as Reapit.
