Novyy is a residential property marketplace that connects home seekers with local, domestic, and international properties. The platform facilitates communication via mail, phone, and physical addresses to assist users in finding a home.
Funding
Funding not disclosed
Founders
Product
Problem
Finding suitable investment properties, especially for foreign nationals or those seeking fractional ownership, can be a complex and time-consuming process. Traditional buy-to-let mortgages often involve high costs and lengthy processing times, creating barriers for potential investors. Furthermore, students often struggle to find quality, all-inclusive accommodations near their universities.
Solution
Novyy provides a platform for investing in British real estate, offering solutions like fractional ownership, portfolio investing, and foreign national loans. The platform streamlines the investment process, aiming to reduce costs and processing times for buy-to-let mortgages. Novyy also offers premium student accommodations, "Novyy Rooms", near universities, providing all-inclusive living spaces with essential utilities and amenities. These accommodations are designed to enhance the student living experience by providing convenient access to campus and a supportive community.
Target Audience
Novyy targets individual investors, including foreign nationals, seeking to invest in the UK property market, as well as students looking for premium, all-inclusive accommodations near universities.
Features
- Fractional ownership opportunities for co-owning income-generating properties.
- Portfolio investing options for diversified co-living properties in UK university towns.
- Specialized lending solutions for non-resident foreign nationals seeking UK investment properties.
- "Novyy Rooms" offering premium student accommodations near universities.
- All-inclusive rent covering gas, electricity, water, and high-speed Wi-Fi in student accommodations.
- Tenant portal for managing tenancy details and reporting issues.
- Local management team providing 24/7 support for student residents.
- HMO-compliant rooms with beds, storage, and study space.
- Shared living spaces with kitchen, dining area, TV, and sofas in student accommodations.