Former Rightmove Chairman Scott Forbes has joined the board of directors of lettings platform MoveBubble, a company looking to fully digitise rentals in major UK cities via its mobile app. Founded in 2014, to date movebubble, which targets the build-to-rent sector to source inventory, has had 750,000 downloads of its app and has reported 152% growth year on year growth for the past 12 months on its website.
Forbes was ousted as Chairman of Rightmove in March amid shareholder concerns around his other corporate commitments. The former Rightmove man will bring movebubble’s management undoubted experience and a wealth of industry contacts including from his other directorships at two London property management companies. The ambitious app-based firm currently covers London and Manchester and has raised some £3 million.