CapitalRise: The proptech startup that survived Brexit and its new regulations

March 23, 2020

Surprisingly for some, while Brexit led to a world of uncertainty, economic overhauls, and sweeping changes to the future, it - like most change - created new opportunities.

And Uma Rajah, CapitalRise CEO, saw how Brexit impacted the luxury real estate market of the country firsthand.

That uncertainty specifically is what has set the tone for the UK - especially London. Rajah says, "Uncertainty causes people to sit on their hands and not transact."

But a general election that brought Conservatives to the majority created a window. To the frequent international, and potential, investors, "London was on sale," Rajah said.

Her takeaway: Brexit's consequences on the pound's value can definitely be a boon for those interested in London property.

 
March 23, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

People Roundup 28Mar
People Roundup: Aviv Group, Pisos.com, Kleinanzeigen, REA India, Anjuke

There have been several high profile C-suite moves in this week's People Roundup. We'll start in Europe...   Europe: Aviv...

Read More
Product Update 2025Mar28 1
Product and Services Roundup: Zoopla, ViewIt

This week's Product Roundup starts in the UK, where it's all about Zoopla...   UK: Zoopla's MyHome product is used...

Read More
Ten Questions With Hiizzy 2
Ten Questions with Allan Wood and Lewis Buckley, Co-Founders at Hiizzy

"In the UK, a £500,000 sale at 1% is a commission of £5,000. With Hiizzy, you will not pay more...

Read More
Nar 1 3
NAR Amends Clear Cooperation Policy After Months of Speculation

The National Association of Realtors (NAR) has amended the terms of its Clear Cooperation Policy (CCP) after months of speculation...

Read More

Editor's Pick