{"id":629230,"date":"2024-07-30T15:09:04","date_gmt":"2024-07-30T12:09:04","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uk-startup-automates-shared-ownership-process-to-tackle-housing-crisis\/"},"modified":"2024-07-30T15:09:04","modified_gmt":"2024-07-30T12:09:04","slug":"uk-startup-automates-shared-ownership-process-to-tackle-housing-crisis","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uk-startup-automates-shared-ownership-process-to-tackle-housing-crisis\/","title":{"rendered":"#UK startup automates shared ownership process to tackle housing crisis"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a346048903ab\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a346048903ab\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/uk-startup-automates-shared-ownership-process-to-tackle-housing-crisis\/#Automating_shared_ownership\" >Automating shared ownership<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/img-cdn.tnwcdn.com\/image?fit=796%2C417&amp;url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F07%2FUntitled-design-11-1.jpg&amp;signature=23699d4a05556daad814342d37ecff99\" \/><\/p>\n<div id=\"article-main-content\">\n                            London-based Stairpay has raised \u00a3750k in Pre-Seed funding to help first-time home buyers navigate the shared ownership process \u2014 and ultimately move to full ownership.<\/p>\n<p>For individuals facing challenges entering the (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/statistics\/statutory-homelessness-in-england-october-to-december-2023\/statutory-homelessness-in-england-october-to-december-2023#temporary-accommodation\">overcrowded<\/a>) UK housing market, shared ownership offers a potential solution. This government scheme allows buyers to purchase a share of a property (usually between 25% and 75%), while paying rent on the rest to a housing association that co-owns it.<\/p>\n<p>\u201cShared ownership is just one way of facilitating gradual home ownership,\u201d Floris ten Nijenhuis, founder of Stairpay, told TNW.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Automating_shared_ownership\"><\/span>Automating shared ownership<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Founded in 2022, the startup has developed a platform that automates the process for both residents and housing associations \u2014 from initial purchase to staircasing (the move towards full ownership) and share resales. The platform also comes with a dedicated <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> for residents.<\/p>\n<div class=\"inarticle-wrapper channel-cta\">\n<div class=\"ica-text\">\n<p class=\"ica-text__title\">TNW Conference 2025 &#8211; Back to NDSM on June 19-20, 2025 &#8211; Save the date!<\/p>\n<p>As we wrapped up our incredible 2024 edition, we&#8217;re pleased to announce our return to Amsterdam NDSM in 2025. Registration now!<\/p>\n<\/div>\n<\/div>\n<p>According to Nijenhuis, what sets Stairpay\u2019s <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> apart is its data-driven approach.<\/p>\n<p>\u201cThe biggest issue currently is data,\u201d he said. \u201cThere\u2019s no tracking of people\u2019s finances after initial purchase so the landlord can\u2019t support them in their journey to 100% homeownership.\u201d<\/p>\n<p>Stairplay gathers data from residents and uses it to inform landlords on how they can help them move up the ownership ladder.<\/p>\n<p>\u201cBy seeing the data across all landlords we can [also] see what works across different regions, property types, salary bands, and so on,\u201d Nijenhuis said.<\/p>\n<p>The startup has partnered with housing association Clarion, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> enterprise Places for People, and property portal for shared ownership Share to Buy. During a recent two-month pilot with Clarion, Stairplay reported a 50% increase in staircasing transactions.<\/p>\n<p>With the fresh capital, the startup plans to team up with more housing associations and further develop its platform. It\u2019s also considering a future expansion to the US market. Fuel Ventures led the funding round with participation from Heartfelt Ventures and a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of angel investors.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/uk-startup-automates-shared-ownership-process-housing-crisis\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>London-based Stairpay has raised \u00a3750k in Pre-Seed funding to help first-time home buyers navigate the shared ownership process \u2014 and ultimately move to full ownership. For individuals facing challenges entering the (overcrowded) UK housing market, shared ownership offers a potential solution. This government scheme allows buyers to purchase a share of a property (usually between&#8230;<\/p>\n","protected":false},"author":1,"featured_media":629231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F07%2FUntitled-design-11-1.jpg&signature=4807568750152222c0cc723bbe9046ea","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-629230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/629230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=629230"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/629230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/629231"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=629230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=629230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=629230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}