Housing Hand celebrates guaranteeing nearly £700 million of rent over past 9 years

UK rental guarantor service Housing Hand has revealed it has executed guarantees covering £648 million worth of rent, as the company celebrates its ninth birthday. Over the same period, it has settled more than £50 million worth of default claims, maintaining a 100% pay-out rate on all valid claims, despite the pressures of both Covid and Brexit.

“Nine years ago, three of us sat in a tiny, fourth floor office in Mayfair, working out how we could try to make renting privately more accessible. Since then, we’ve moved to larger offices multiple times as the team has grown, while Housing Hand has strengthened and evolved its range of services.

“Today, we are delighted to have helped over 1 million tenants find property and to have helped and processed over 80,000 rental guarantor applicants.”

Terry Mason, Group Operations Director, Housing Hand

Housing Hand began as a service that helped international students who wanted to rent private accommodation in the UK. The company then expanded to help UK students and then working professionals, before branching out to support those working and studying in the Republic of Ireland as well.

One of the company’s earliest partners was Host Students, a firm providing student accommodation in the UK and Ireland. With a keen commitment to student wellbeing, the award-winning firm is proud to have worked with Housing Hand for the past nine years to make student accommodation more accessible.