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We are fully committed to ethical mutuality believing that this is the best way of running a modern business that can do well and do good, as well as providing sustainable value for money to our customers.
As a mutual we have no investors or shareholders and do not pay dividends. We have the lowest expense ratio in the property portal industry backed by a robust financial model stress tested by leading bankers and accountants. We are committed to ensuring that the combined benefits of our mutuality are passed on to our property professional partners via keen prices, a wide range of relevant products and good service.
In order that the service we can provide to our partners is not disrupted by speculators taking out a partnership in the hope of receiving a windfall in the unlikely event of us demutualising, all new partnerships issued by CREVALA Limited t/a PropertyMutual contain a Charitable Assignment condition. Effectively this means that in the event of demutualisation any windfall benefit arising from the partnership you are taking out would be transferred to the PropertyMutual Charitable Trust, or other charity as determined by the Board of Directors, rather than to you as the partner. This voluntary arrangement is intended to underwrite our long term committment to keeping our promises, our integrity and our mutuality.
You may read the full detail of the current Charitable Assignment condition by clicking the link below. A brief summary of each paragraph is provided below (the full wording of the condition is not limited by this summary).
This condition forms part of the terms on which your partnership is issued. Words printed in capitals in this condition are explained in paragraph 4 below.
The Board will ballot the partnership as each growth stage is achieved.
The solution is now in the hands of the property industry.
Sign up for a nominal start up subscription of £10 per office per month to help us achieve critical mass.
We have shown, with genuine transparency,that with the support of a motivated body of UK property professionals, there is no reason why we cannot achieve a genuine and lasting industry owned mutual with the same membership as Rightmove, giving PropertyMutual all the marketing budget we need.
Create a YOLO (You Only List Once) account in our listing CRM.
Use our Rightmove compatible API (Application programming Interface)
Send us your data feed and we will import it into our system
Provide us with permission to scrape your data from your company website
Send us your listings via DataExport.co.uk.
Use our YOLO (You Only List Once) PropertyMutual CRM account to manage and export your data to Unlimited Portals.
If you would like to suggest a service that would benefit all our partners, please Contact Us