Nested , a start - up that promises to sell a house in 90 minutes or buy the property itself , has received backing from a group of tech investors . it plans to shake up the UK 's housing market by giving customers a valuation and aiming to sell their property at or above the price within three months , with a 2 % commission on the valuation price and 20 % of the difference above that value . Matt Robinson , who launched the company , said that if it is unable to sell the property , Nested would buy the property itself and sell it on . He believes Nested will appeal to sellers who need to guarantee a buyer due to chain transactions . Nested is is talks to secure £ 5 billion in debt financing and plans to sell its first house when it opens in June .
Nested, a start-up that promises to sell a house in 90 days or buy the property itself, has received backing from a group of tech investors. Nested plans to shake up the UK's housing market by giving customers a valuation and aiming to sell their property at or above the price within three months, taking a 2% commission on the valuation price and 20% of the difference above that value. Matt Robinson, who launched the company, said that if it is unable to sell the property, Nested would buy the property itself and sell it on. He believes Nested will appeal to sellers who need to guarantee a sale due to chain transactions. Nested is is talks to secure £5m in debt financing and plans to sell its first house when it launches in June.