A student accommodation booking service has launched in the UK that enables tenants to bag rooms in purpose-built shared accommodation in minutes without having to commit to year-long tenancies.
The Liverpool-based company’s service is topical as Covid lockdown continue to batter the student accommodation market, forcing some both landlords and students to battle it out over rent deferrals and tenancy cancellations.
Called Housemates, at the moment it is dealing mainly with PBSA providers in Manchester and London offering rooms to rent on a weekly basis, but is currently fund raising to bankroll fast growth next year, including contracts with both small and large PBSA providers and other landlords.
The company says its attraction to landlords is that they can take bookings direct from student for their properties and set their own rents and minimum booking periods.
It also claims to have an innovative landlord charging model – asking 20 per cent of the first month’s rent on a complete booking, with no extra fees or hidden costs.
For students, the marketplace will provide a secure option to book accommodation quickly, safely and with full transparency, and protect them from rent scams and unscrupulous landlords.
“The pandemic has shown us that both students and operators need flexibility and adaptability, and our technology is a huge step in transforming the industry on a global scale and helping it to bounce back,” says founder Lydia Jones (pictured).
“Coronavirus has seen operators struggle to deal with unprecedented circumstances, and a faster more flexible solution is required going forward.”