8 years ago
Nested Secures £36 Million to Expand its Innovative Home Buying Solution
Nested, a UK estate agency that provides a cash advance to help you buy a new house before selling your old one, has secured £36 million in funding led by Global Founders Capital
This brings Nested's total funding to nearly £50 million
Nested differentiates itself from traditional estate agents by offering a cash advance, enabling buyers to purchase a new home without waiting for their old one to sell
This eliminates the uncertainty and potential delays associated with traditional home buying and selling
The funding will be used to support Nested's aggressive growth strategy, initially within London, and subsequently across the UK.
ProblemReal Estate
"Selling your house and buying a new one is a stressful and uncertain process. You don't know how much you'll get for your house, you might be stuck in a chain that delays your move, and you might miss out on your dream home. "
Solution
"Nested offers a cash advance to help you buy your new house before you sell your old one. You get a guaranteed minimum sale price for your old house, and you're not tied up in a chain. This gives you the certainty and peace of mind you need to make a move."