Industry first as Yourkeys launches shared ownership feature for housebuilders
25th August 2021
Yourkeys, the real-time transactional and data platform for housebuilders and estate agents and part of Zoopla, has announced the launch of an industry-first feature to support shared ownership onboarding on its platform.
The new feature, ‘compliance gateway’, makes Yourkeys the first provider to support shared ownership, and will ensure streamlined and transparent sales progression for housebuilders selling shared ownership plots.
The ‘compliance gateway’ can be simply switched on when selling a shared ownership plot, while a nominated compliance officer can be instructed to review the entire transaction. To ensure maximum flexibility, multiple officers can be set per development or one officer can simply be responsible for multiple developments.
The compliance office will see a snapshot of the transaction, purchaser details and all reservation documentation provided or generated throughout the sales journey. This is vital t for shared ownership as there are three specific documents that are mandatory in order for the sale to progress.
The feature is only visible to the housebuilder and not only provides clarity as to the status of any reservation in progress but reduces the administrative burden often associated with shared ownership properties.
Commenting on the launch, Riccardo Iannucci-Dawson, Managing Director of Yourkeys, said: "We’re delighted with this industry first addition to the Yourkeys platform. The improvement which will be revolutionary for housebuilders when it comes to shared ownership, creating a digital, streamlined and transparent process for all parties involved. Its launch means Yourkeys now supports the two most popular government schemes on our platform, Help to Buy and shared ownership, with a tailored experience for each type of sale.”
Yourkeys was acquired by Zoopla in April 2021. Since the acquisition, Zoopla and Yourkeys have been working together focusing on providing better transaction experiences for both buyers and sellers of new-build homes. This is achieved through Yourkeys' real-time reservation-to-completion software platform which provides transparency and streamlined sales processes, combined with Zoopla’s industry-leading data intelligence and connected ecosystem of products to provide a complete solution for housebuilders.
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