The review website set up by a former estate agent says they will use the funding to roll out nationwide and then internationally.
Until now the services has been restricted to London and mainly concentrated on Build To Rent new developments.
The review website allows :
"verified tenants and owners the opportunity to contribute insights and honest reviews of residential developments, creating a new and powerful research and marketing tool in the residential property sector. “
It has already 700 listings in London and claims to be featuring thousands of resident reviews.
HomeView founder, Rory Cramer says:
“Our mission is to share useful, trustworthy insights about residential developments to support those choosing their new home. With rent or mortgage repayments most people’s largest monthly expenditure the choice of where to live is one of the biggest decisions we ever make, both financially and emotionally. This [£1m] raise supports us in our aim to remain independent and encourage transparent honest market insights across both the rental and sales sectors”
The funding was raised via the Enterprise Investment scheme.