Nu Move

Business Type: Hybrid Estate Agency

Nu Move Group Ltd appears to have ceased operations in 2022 and is going through the process of being struck off the company register, with overdue paperwork indicating it is no longer an active business.

  • Founded in 2013 by Aran Batth, Karan Batth, Pam Batth, and SB Singh
  • Headquarters located in Telford, UK with additional hubs in London, Birmingham, Manchester, Spain, Dubai, and Singapore
  • Employed around 51-200 people at its peak
  • Raised angel investment and crowdfunding over £200k
  • Won industry awards such as ‘Best Alternative Estate Agency’
  • Founders had background in finance, tech, sales, and marketing
  • Disrupted the estate agency market with lower fees and transparent pricing
  • Strong focus on customer service and client reviews/testimonials
  • Modern aesthetic for brand image and marketing as a digital agency
  • Utilized social media and influencer marketing to build brand awareness
  • Targeted millennial and first time buyers through online platform

 

In summary, nu:move positioned itself as a modern, tech-driven agency that aimed to make buying, selling, and renting property more affordable and convenient through an online/offline hybrid model. However, it seems the business ultimately became unsustainable.

Current Status

  • nu:move Group Ltd closed down in 2022
  • Previous registered office address:
    • Business And Technology Centre
    • Shifnal Road, Priorslee, Telford, Shropshire, TF2 9NN
  • Company status listed as “Active – Active proposal to strike off”
  • Last company accounts filed:
    • For year ending 31 December 2020
    • Overdue accounts for year ending 31 December 2021
  • Last confirmation statement dated 23 June 2021
    • Next statement overdue since 23 June 2022
  • Nature of business categorised as:

 

Services offered:

Nu:move offered a hybrid estate agency model combining online and local support for selling, letting, renting, buying properties in the UK and internationally. They also had an investment property arm called nu:1 Capital focusing on buy-to-let and commercial investments.

Estate Agency

  • Hybrid estate agency offering a blend of online services with local franchisee support
  • Services for buying, selling, letting, and renting properties
  • No upfront fees, only pay on completion
  • Marketed over £3 billion worth of properties worldwide

 

Selling

  • Online property listings on major portals
  • Local franchisees provide face-to-face support and advice
  • Traditional personal service with modern technology
  • Full range of services for selling properties

 

Letting

  • List properties to let/rent online
  • Support from local franchisees for tenants and landlords
  • Services for landlords letting out properties
  • Rental services for tenants wanting to rent properties

 

Investment Properties

  • nu:1 Capital – sourcing buy-to-let investments
  • High income generating UK and global properties
  • Student buy-to-let accommodation
  • Buy-to-let apartments
  • Fractional ownership options
  • Commercial investments

 

International Properties

  • Luxury properties available globally
  • Find dream retirement homes abroad
  • International property search function
  • Holiday homes and investment properties overseas