A free digital service that enables landlords to gauge the licensing and other regulatory requirements and costs of a property before buying it has been launched.
Called Yuno, the app lets landlords and investors interrogate a property’s address and see the safety, licensing, Article 4 planning, EPCs and other regulatory requirements and costs that come with it.
Founder Paul Conway (pictured) says the app is designed to help landlords manage the regulatory risks of taking on a property but, as he has been involved in discussions with the Government via The Lettings Industry Council about the proposed official ‘landlord property portal’ mentioned in the Queen’s Speech, says his app offers many of the features it is likely to include.
“We’ve already pulled these datasets together with mapping, so landlords will be able to link all the compliance and financial information together too as per local council requirements,” Conway tells LandlordZONE.
“This allows an all-round delivered service now – not in three years’ time when the government gets it all together with its recently-revealed new PRS property ‘portal’.”
Conway’s PRS compliance business has already existed for five-and-a-half years offering paid-for services to letting agents and property management firms such as Hamptons, KFH and Douglas & Gordon, but his new app for landlords is going to be available for free.
“We’re offering most of its services for free to landlords and investors and then we’re onboarding local property firms including agents, property managers, mortgage brokers and surveyors as ‘local sponsors’ so that even the more sophisticated features of the app are free too,” says Conway.