{"id":11265,"date":"2021-09-03T11:08:03","date_gmt":"2021-09-03T10:08:03","guid":{"rendered":"https:\/\/www.propertypartner.co\/blog\/?p=11265"},"modified":"2023-04-05T16:52:38","modified_gmt":"2023-04-05T15:52:38","slug":"better-acquires-property-partner","status":"publish","type":"post","link":"https:\/\/www.londonhouseexchange.com\/blog\/better-acquires-property-partner\/","title":{"rendered":"Better acquires Property Partner"},"content":{"rendered":"\n

This message contains important information, including changes to Property Partner\u2019s ownership and fee structure. As a regulated trading exchange and to ensure that all clients have the time to review these announcements, we have paused trading on the Resale Market until 11 AM, 8 September 2021.<\/strong><\/em><\/p>\n\n\n\n

In a major advance for our platform and clients, we are thrilled to announce that Property Partner has been acquired by Better. Better is one of the fastest-growing digital-first homeownership companies in the United States, and is on a mission to make home ownership more accessible, convenient, and less expensive for all consumers. Better offers a convenient, digital one-stop-shop for homeowners that includes mortgage, real estate, insurance and appraisal services, and leverages an industry-changing technology platform. Since 2016, Better has funded over $30 billion in home loans and over $7 billion in cumulative insurance coverage. Better expects to become a publicly listed company later in Q4 2021 via SPAC merger<\/a> at a post-money equity value of approximately $7.7 billion. <\/p>\n\n\n\n

Property Partner will leverage Better\u2019s scale and global capabilities. Better is committed to investing in, growing, and enhancing the Property Partner platform for the long-term, bringing the simplicity and ease of fractional property trading to more customers in the United Kingdom and globally.  <\/p>\n\n\n\n

Under Better\u2019s ownership, we have bold plans: <\/p>\n\n\n\n