Insured Guarantor Service for Students and Professionals Expands

Housing Hand, the UK’s only secured and reliably insured guarantor service for students and working professionals from the UK or abroad, is expanding internationally to Europe, Asia and the Far East.

The firm has recently launched in India, with a base in New Delhi, and aims to expand exposure in the region. Housing Hand is hoping to increase the number of Indian students and professionals moving to the UK using its guarantor service.

The company has also formed a partnership with 51Offer in China – the largest firm working with Chinese students coming to UK universities. A formal partnership agreement was signed in Shanghai and Housing Hand is working closely with 51Offer to further expand the brand in China.

The Managing Director of Housing Hand, Jeremy Robinson, comments on the expansion: “We currently work with many international students who have begun their study in the UK. Our partnerships with UK and international accommodation providers will help to grow the volume of applicants that are looking to secure a UK guarantor, before reaching the UK.

“We have met with many universities and accommodation providers who are keen to reduce their financial risk and widen the pool of potential tenants. By expanding internationally, we can further add to the secure and risk-free tenants we hand over to accommodation providers.”

He continues: “We are looking to become the first international guarantor service, with plans to launch in Ireland later this year, followed by a rollout to France in early 2018 and America in 2018/2019.

“The rental markets overseas are very different from the UK, and there are obvious legal and operational challenges ahead of us. However, we see real demand for our service in France, as thousands of UK nationals, both students and professionals, are renting there.”

Are you a student landlord? If so, you may find that this insured guarantor service is suitable for your tenants, either UK nationals or overseas students. It is worth looking into ahead of the new academic year.