Houzecheck survey volumes rose by 75% over the past year, following new investment and leadership changes.
At the end of 2024, Beach Capital invested in the proptech firm and made a series of strategic hires, including Paul Latham as chairman and Richard Sexton (pictured) as commercial director.
The company said this growth outpaced the increase in residential property transactions seen over the same period.
Sexton said: “Beach Capital’s investment has supercharged our growth engine – we have seen volume rise by 75 per cent in the last year. The market is hungry for faster, smarter surveying.
“By blending chartered surveyor rigour with proptech speed, we have cut the average time it takes to get a report completed and delivered down to between 2¾-3 days – which is not bad considering a building survey takes a day to complete.
“And we aren’t sacrificing quality in our quest for speed; the quality of Houzecheck’s reports remains high and we still haven’t had a PI claim.”
Sexton added: “Our tech insists that the i’s are dotted and the t’s are crossed by prompting surveyors to report accurately and consistently and offering suggestions linked to their inputs.
“That combination of speed and quality is proving very powerful.”
Houzecheck reported it grew faster than residential property transactions, building partnerships with intermediaries who refer business for extra income.
This income stream tripled since January 2024, picking up pace over the last 10 months.
Amit Bansal, founder and CEO of Houzecheck, said, “Once they’re registered, it can take a broker as little as 20 seconds to mention it to their client, and 10 seconds to click a link to send them the details.
“It’s very little effort to earn some extra cash. Perhaps unsurprisingly then, much of our growth over the last year has come from our [mortgage broker] partners who tell us the system is friction-free and seamless.”
