Mashbo Scoops Chamber Award for PropertyCloud platform

Listen to article

Liverpool-based software development consultancy, Mashbo, has been awarded the Liverpool & Sefton Chamber of Commerce accolade for Digital & Technology at its annual awards ceremony

The award recognised Mashbo’s work developing and bringing to market its PropertyCloud student property management platform. PropertyCloud is a cloud-based web application designed to transform the student and HMO lettings market by automating the entire rental process with a single integrated and comprehensive package, hosted in one place and working seamlessly together.

The app, which is specifically targeted at private landlords and their agents, was developed to recognise the needs of agents, owners and tenants to reduce the administrative burden, facilitate property management and simplify day-to-day tasks.

Since launching PropertyCloud Mashbo has built a minimum viable product (MVP) and completed its first successful pilot with student letting agency, Rooms4u, facilitating a 114% growth in lettings in the first four months of the test.

The pilot also saw time spent on tenancy generation and contract signing down from three weeks to under an hour per property and generated a 125% increase in viewings.

PropertyCloud was made commercially available in April 2018 and now looks after 177 private landlords and 5,204 tenancies across the UK.

Technical Director at Mashbo, Steve Todd, said: “We’re so excited to have won this award, the team has worked incredibly hard to ensure the PropertyCloud is perfectly tailored to the specific needs of the student lettings markets and the private landlords and agents that serve it.

“We have created something that streamlines processes, allows more time on revenue-driving and customer care work and genuinely improves the lives of professionals in the sector by automating the majority of the administrative ‘grunt work’.”

Mashbo is now seeking growth investment of £400,000 over the next year to allow us to scale up the business and roll the platform out to an even wider customer base.

For more information contact Mashbo or visit: https://propertycloud.io/