Thirdfort partners with Proconvey simplifying conveyancing onboarding
Client due diligence platform Thirdfort has partnered with UK-based legal technology startup ProConvey. Launched this week, the partnership integrates client onboarding and due diligence into a single workflow, making the onboarding process more efficient for conveyancers.
The alliance enables conveyancing firms to focus on legal work by combining ID and Source of Funds verification with all onboarding tasks in one streamlined tool. Through the ProConvey platform, conveyancers can access Thirdfort’s ID checks and AML services, eliminating the need for repetitive follow-ups and administrative tasks.
ProConvey, founded in January 2022 by former conveyancer Chris Scantlebury, has raised £500,000 in seed funding to support its mission to modernise traditional conveyancing processes. Unlike traditional CRMs, ProConvey was crafted with conveyancers and their clients in mind.
The platform goes beyond digitising forms and aims to reduce case times so clients can move into their new homes more quickly. With a focus on minimising manual errors and improving client satisfaction, ProConvey offers a customisable solution that adheres to rigorous security standards, helping firms boost efficiency without disrupting their existing operations.
Thirdfort’s mission is to protect society from fraud and money laundering. The platform offers simple and secure client due diligence checks for regulated professionals, through automated ID verification, anti-money laundering and Source of Funds checks on individuals and businesses conducting high value transactions such as buying property, drafting a will or instructing a financial advisor.
The new integration offers a better user flow as clients start Thirdfort tasks within the ProConvey platform, where they remain engaged through automated updates. The integration makes each step of the onboarding process clearer with built-in explanations and support, reducing confusion and questions.
Nicholas Hawkins, Director at Chartahouse Conveyancing, said: “Integrating Thirdfort with ProConvey has improved our client satisfaction by streamlining the entire onboarding process. Having all the services we use in one platform allows us to complete ID and Source of Funds checks quickly, enabling us to move cases forward faster and provide a more transparent and efficient experience for our clients”
Olly Thornton-Berry, co-founder and Managing Director at Thirdfort, said: “ProConvey’s straight-forward approach aligns with ours, and together we can offer conveyancers an effective, secure and flexible solution to do their client onboarding, management and due diligence. This partnership highlights our commitment to helping conveyancers work more effectively, cut down on the back-and-forth and ultimately speed up completion times.”
Chris Scantlebury, (picture above) Director at ProConvey, said: ” It’s been fantastic collaborating with Thirdfort, a true game-changer in our industry. Their commitment to innovation and support for conveyancers has been invaluable, and together we’re making real strides in modernising and streamlining the conveyancing process. This partnership underscores our shared vision of transforming the industry with practical, client-focused technology.”
Proptech Property Sense secures £500,000 investment in just four weeks
A proptech-driven letting agent has secured close to £500,000 during its first equity investment raise. Property Sense, headquartered in Stockport but operating nationally, secured the half a million pounds in funding in just four weeks. The money was raised entirely through Property Sense’s existing investor database.
The financial injection has been used to expand Property Sense’s operations nationally and increase its proptech capabilities. The capital will also facilitate a recruitment drive to take the firm’s nine-strong team into double figures.
The team is currently recruiting for a marketing manager, as well as several sales and business development roles to scale up its operations. Property Sense has also announced an ambitious five-year business plan to make its mark on the build-to-rent (BTR) sector. Plans include securing 5,000 BTR units to let per year by 2029, beginning with 1,500 units during 2025.
Property Sense’s unique offering enables developers to fill their apartment blocks in less than 3 months after the buildings are completed, delivering pre-approved, long-term residents to the developments in record time.
It also offers a fully funded property maintenance and repairs service with guaranteed rent, aimed at helping landlords secure predictable monthly incomes.
Mike Haywood, CEO of Property Sense, said: “It’s great to see this first raise happen from within our existing customer base. Not only does this reinforce their belief in our model and current trajectory, but it allows Property Sense to share its continued success with those who backed us from the beginning.
A better way to invest and trade property assets
The real estate market is evolving, and one of the most significant transformations is the rise of fractional real estate. This innovative investment model is reshaping how properties are bought and sold, creating new opportunities for brokers to diversify their revenue streams, expand their client base, and stay ahead in an increasingly competitive industry. For brokers in Europe, now is the time to embrace fractional real estate and tap into this growing market.
At the forefront of this shift is Block Tech, a PropTech company revolutionizing how fractional real estate platforms operate. Founded by Gregory Brenig, (Pictured above) who is also the author of an upcoming book on fractional real estate, Block Tech provides cutting-edge white-label solutions that enable brokers to offer fractional property investments to their clients. In this article, we’ll explore how fractional real estate is creating new opportunities for brokers, how Block Tech is leading the charge, and why brokers across Europe should take notice.
Fractional real estate allows multiple investors to purchase shares or fractions of a property rather than owning it outright. Investors can buy portions of residential or commercial properties, share in the rental income, and benefit from any capital appreciation when the property’s value increases. This model opens up real estate investment to a broader audience, including those who may not have had the capital to purchase an entire property.
The rise of PropTech companies has made it easier than ever to invest in fractional real estate. Platforms like RealtyMogul , Roofstock , and Fundrise are already offering fractional investment opportunities in the U.S., while European startups are catching up with innovative solutions tailored to local markets. Block Tech, with its focus on empowering brokers through technology, is one of the major players making fractional real estate accessible in Europe.
Why Should Brokers in Europe Care? As a broker, you are always looking for ways to grow your business, increase client satisfaction, and stay ahead of industry trends. Fractional real estate offers several benefits that align with these goals:
Expand Your Client Base
Traditional real estate investments often require significant upfront capital, limiting the pool of potential buyers. With fractional real estate, clients can invest as little as €10 in a property, making it accessible to a wider range of investors. This is especially appealing to younger generations, first-time investors, and those looking to diversify their portfolios without taking on the full financial burden of property ownership.
Andrew Stanton Founder & Editor of 'PROPTECH-X' where his insights, connections, analysis and commentary on proptech and real estate are based on writing 1.3M words annually. Plus meeting 1,000 Proptech founders, critiquing 400 decks and having had 130 clients as CEO of 'PROPTECH-PR', a consultancy for Proptech founders seeking growth and exit strategies. He also acts as an advisory for major global real estate companies on sales, acquisitions, market positioning & operations. With 100K followers & readers, he is the 'Proptech Realestate Influencer.'
