Posts with tag: Ideal Flatmate

Study looks into shift in flatsharing attitudes related to COVID-19 pandemic

Published On: June 29, 2021 at 8:08 am

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Categories: Tenant News

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A study conducted by the University of Bath has revealed significant shifts in attitudes towards where UK flatsharers want to live and who they live with since the start of the COVID-19 pandemic.

Sponsored by flatsharing website ideal flatmate, the study interviewed flatsharers across the UK during the last six months. The website believes findings point to trends that are likely to remain beyond the lifting of all lockdown restrictions.

The results found that the pandemic has led to a reduction in the number of people saying they want to flatshare in the future. Those that do want to said it’ll be with a smaller group of people. This has led to an increased importance of certain personality traits with the highest shifts in factors being: cleanliness, sociability and the importance of spending time together.

64% of respondents stated that they would feel uncomfortable living with people who broke the social distancing rules. This may have ongoing implications for flatmate preferences in the future, particularly around attitudes towards vaccination.

Despite the pandemic, 68% of flatsharers still prefer to live in city locations. However, there has been a shift in locational preferences towards rural locations, such as villages, towns or suburbs. Many young sharers have also relocated back home to families during the pandemic.

The study indicates an increased importance for gardens and closeness to green space, with a 33% increase in flatsharers saying this was a key factor in the future. There is also an increased importance for work-appropriate space due to the demands of working from home which is expected to continue beyond the pandemic, with 55% of flatsharers now working from home more than they did before COVID-19.

Tom Gatzen, Co-Founder of ideal flatmate, commented: “The pandemic has seen an extraordinary change in people’s lives, attitudes and living circumstances in a short period of time. This study reflects the way flatsharers now feel and some of the different factors that are now important to them when choosing where to live and who to live with.

“At ideal flatmate, we have seen a lot of anecdotal evidence of sharers discussing attitudes to Covid before they move in with strangers, and this is borne out by the research with two-thirds not wanting to live with people who have broken the rules. This is likely to remain a factor as we move out of lockdown and the vaccine campaign is rolled out amongst the youngest population groups in the UK.”

New flatmate finder available with a free trial for landlords

Published On: February 10, 2017 at 12:33 pm

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Categories: Landlord News

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Buy-to-let landlords in the capital are currently being invited to list available rooms for rent free of charge online via a new compatibility based site.

The platform, Idealflatmate.co.uk, was designed by Cambridge professors and is based on an algorithm similar to that found on dating websites. It works to prioritise tenant compatibility to attempt to secure longer-term relationships and tenancies.

Habits

Technology used in the algorithm, functional after the respondent has completed a 20 question survey, focuses on the living habits and sociability of users.

A study from two professors, Dr Paula Banca and Professor Mark P Haggard, found that the relevance of questions asked were of paramount importance.

Founders of Ideal Flatmate, Tom Gatzen and Rob Imonkihe, came up with the idea for the platform after being continually frustrated with the ever-changing flatmates that had found through listing websites.

Mr Gatzen said: ‘Both myself and Rob have lived in flat shares that ended up in disaster because we didn’t get along with our flatmates. We thought that there must be an easier way.’[1]

‘For landlords and agents, it’s the perfect solution as the site is free and offers a great opportunity to get more visibility in alternative areas of the market, particularly amongst tenants in search of long term relationships which ultimately facilitates longer term contracts,’ he added.[1]

New flatmate finder available with a free trial for landlords

New flatmate finder available with a free trial for landlords

Reducing Turnover

The founders are hopeful that the emphasis on compatibility will cut the rental turnover rates in properties.

Gatzen also noted: ‘We’ve tried to make the site as user friendly as possible, which will make it more attractive to prospective tenants as well.’[1]

Ideal Flatmate is offering the free trial for landlords and letting agents until Spring, with the platform also offering assistance in achieving their optimum websites.

Since the soft launch phase in November, Ideal Flatmate has seen over 30,000 users, 3,000 people register and more than 1,000 properties listed.

Mr Imonikhe observed: ‘We’ve had overwhelming positive feedback from letting agencies thus far. We recently heard from a letting agent who had a property listed on a well-known listing site for three weeks with no interest, he put it on our site and after two days had found a full group of tenants and a 12 month contract.’[1]

[1] https://www.landlordtoday.co.uk/breaking-news/2017/2/new-flatmate-finder-launches-with-a-free-trial-for-landlords