“You can’t hide from us!” – CLL offers fresh hope for owners scammed by ‘hidden’ developers

“You can’t hide from us!” – CLL offers fresh hope for owners scammed by ‘hidden’ developers

Spain
  • New hope for clients who lost money to developers posing as estate agents
  • Buyers have until 28 December to start legal proceedings
  • 100s of buyers in UK and Ireland could regain lost deposits

CostaLuz Lawyers has spent years helping clients who lost deposits on Spanish properties that were never built or never finished, winning nearly 850 cases against property developers and banks. Now, the firm is providing fresh hope for buyers who have previously been unable to take action to regain their lost deposits.

The new hope centres around growing case law in Spain in relation to ‘hidden’ developers. These are companies that operated as estate agents but were actually developers or co-developers, such as Ocean View Properties on the Costa Blanca and Palmera Properties on the Costa del Sol.

In these cases, this dual role of agent/developer was often hidden from the buyer. However, CostaLuz Lawyers advises that there is growing evidence that its existence opens up the possibility of the buyer claiming against such companies for a refund.

“These companies received huge amounts of off-plan payments for properties that were never built or never finished. Until now, they have escaped the rules of Law 57/68 by presenting themselves as estate agents, but there is now some strong case law stating that the developer is whoever takes the off-plan payments on account. That means there is a last chance for buyers to claim for refunds from these companies.”

Keith Rule, CostaLuz Lawyers

Law 57/68 is the regulation under which those who lost deposits have successfully claimed against developers and banks for a refund. Claimants should have started proceedings by 7 October but that deadline has now been extended to 28 December 2020. This means that those who are out of pocket have a new window of opportunity. According to CostaLuz Lawyers, this could affect hundreds of buyers in the UK and Ireland.

The CostaLuz Lawyers team has already helped over 1,500 clients in their quest for financial justice. Those who now want their shot at obtaining a refund need to start proceedings before the new December deadline.

“28 December is the date by which action has to be started. But that just means sending a Burofax or submitting the Preliminary Diligences procedure – the actual lawsuit can be filed later, provided this initial action has been taken before the deadline.”

Keith Rule, CostaLuz Lawyers

Cases submitted to Spain’s First Instance Court will take around two years to complete, while those that go on to the Provincial Appeal court could take around three. Any cases that go all the way to the Supreme Court could mean that buyers are looking at five to ten years before receiving a final ruling.

For more information, please contact CostaLuz Lawyers’ UK office on +44 1908 635 111 and speak with Keith. To speak with Maria in the Spanish office, call +34 956 092 687 or you can visit www.costaluzlawyers.es

Spanish homebuyers urged to make most of off-plan claims deadline extension

Spanish homebuyers urged to make most of off-plan claims deadline extension

Spain
  • New hope for buyers who lost deposits for Spanish off-plan homes
  • Deadline for taking action against banks extended to 28 December 2020
  • Nearly 850 claims from developers and banks now won by CostaLuz Lawyers

Buyers who paid and lost deposits on off-plan properties in Spain have fresh hope, as the country has extended the deadline for such claims from 7 October to 28 December 2020, due to the COVID-19 pandemic.

Now, the team at CostaLuz Lawyers is encouraging homebuyers who were going to miss the October deadline to take advantage of this last chance to try and recover their money.

The issue relates to those who paid deposits on off-plan homes that were subsequently never built due to developers going bust. They are now able to make claims against the banks who partnered with the developers, provided their claims are in by 28 December 2020.

“The stress of losing a deposit on an off-plan property in a foreign country is immense. However, there is now considerable precedent for such monies being repaid by banks. As such, I would urge anyone who has lost an off-plan deposit to take action before the December deadline. It’s not too late to try to get your money back.”

Keith Rule, CostaLuz Lawyers

CostaLuz Lawyers is a pioneer in this field. Having researched the issue since 2008, they filed their first off-plan deposit lawsuit against a property developer’s bank in 2011. In 2012, they won the case, with a landmark ruling resulting in a payout of nearly €1.5 million for the 47 buyers they were representing.

“It is a wonderful thing to be able to give hope to buyers who thought their hard earned money was gone for good. It’s even better to see their faces when we tell them that the courts have ruled in their favour and that the banks must repay them. Time is running out to make claims though, so buyers do need to act fast.”

Keith Rule, CostaLuz Lawyers

Keith himself was part of that first off-plan deposit class action back in 2011/12. In fact, he was the instigator of it, working to bring the other 46 claimants on board to benefit from CostaLuz Lawyers’ expertise. Following the successful 2012 ruling, he took up a role with the firm and has worked as a core member of their team ever since.

The team has now successfully won nearly 850 claims from Spanish property developers and banks, with a further 500 in progress and 100 pending outcomes. Since that initial case, CostaLuz Lawyers has worked with more than 1,500 clients from the UK, Ireland, Spain and other European countries.

For more information, please contact CostaLuz Lawyers’ UK office on +44 1908 635 111 and speak with Keith. To speak with Maria in the Spanish office, call +34 956 092 687 or you can visit www.costaluzlawyers.es

Taylor Wimpey España confirms increasing importance of outdoor space, as buyers refuse to rein in budgets

Taylor Wimpey España confirms increasing importance of outdoor space, as buyers refuse to rein in budgets

Spain ,
  • “The importance of having the right property has never been greater” (Taylor Wimpey España)
  • Spain in top 3 locations for post-Covid move overseas (Knight Frank)
  • Degree of liquidity in market creating vastly different scenario from 2006/07 crash

Knight Frank’s Global Buyer Survey 2020 found that Spain was one of the top three locations for those considering a post-Covid-19 move overseas. Now, leading Spanish home builder Taylor Wimpey España has shed new light on the kinds of properties that new buyers are seeking.

Buyers are, understandably, looking for homes with gardens and with more outdoor space. The potential for another lockdown has made private outdoor space infinitely more desirable. What’s interesting is that buyers aren’t reining in their budgets in order to achieve this. In fact, there’s a huge degree of liquidity in the market, despite Covid’s impact on the global economy.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Those with the means to buy a new home, it seems, are sparing no expense when it comes to getting the space they need, and that applies indoors as well as outdoors. The Taylor Wimpey España team reports that more indoor space is also being sought, with buyers wanting to ensure they can work from home in comfort.

In terms of property types, it is townhouses outside of cities that are attracting the most attention. Buyers are seeking out locations with open spaces and natural scenery, with golf properties being particularly prized.

The southwest-facing townhouses at Green Golf, at Estepona, Malaga, are precisely the kind of homes that meet post-Covid buyers’ needs. Available from €299,000 plus VAT, the homes are bright and spacious, inside and out. The three bedrooms provide scope for one to be used as an office, while the large terraces would make another period of at-home confinement far more bearable. The private, gated community also has communal gardens and pools, with being on-site at Estepona Golf providing plenty of options when it comes to keeping fit and healthy.

Both those buying main residences and those buying holiday homes have re-evaluated what it is that they want from their property in Spain, just as families have around the world. In terms of second home buyers, Knight Frank reports that over 25% of those who contributed to its Global Buyer Survey are more likely to buy a second home as a result of the pandemic.

“Buyer requirements have experienced the biggest shakeup in years, which is pushing interest in larger properties with outdoor space up significantly. Back in 2006/07, we saw buyers’ budgets trimmed significantly and experienced a wave of cancellations as the financial crisis struck. What’s different this time around is that buyers are, on the whole, going ahead with their purchases, despite the economic backdrop. The importance of having the right property has never been greater.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit https://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Housing Hand calls for government to step in between landlords and tenants who can’t pay rent

Housing Hand calls for government to step in between landlords and tenants who can’t pay rent

United Kingdom
  • Action needed to address mounting tenant debt
  • Government-backed rent debt loan could support both landlords and tenants
  • Switch of focus from evictions to debt solutions needed as second wave builds

UK rent guarantor service Housing Hand is calling on the government to step in and solve the issue of mounting tenant debt caused by the COVID-19 pandemic. The company is proposing a simple rent debt loan solution that would enable accommodation providers to avoid evicting non-paying tenants.

There are many different scenarios that are leading tenants to have difficulty paying their rent. Some can’t pay due to having been made redundant, being furloughed or having hours reduced as a result of the coronavirus pandemic. Others are claiming Housing Benefit but not paying rent because they know they cannot be evicted. There is also a wide range of other circumstances, with the common thread being that, whatever the situation, the landlord is still legally entitled to payment.

“The government cannot use private accommodation providers to bail out the rent arrears problem created by COVID-19. Action needs to be taken now, before the second wave builds, to assure both tenants and landlords that there is another option open to them aside from eviction, which in most cases both parties are keen to avoid.”

Terry Mason, Group Operations Director, Housing Hand

According to Housing Hand, the pending housing crisis is not one of evictions getting out of control, but the rental debt the tenants owe and how they can repay the landlords who are legally entitled to be paid. A rent debt loan, paid to landlords by the government and then repaid by the tenant as affordability allows, could provide a simple way to avoid a huge number of evictions.

The landlords in all rent debt cases are losing. Some are happy to defer payment or reschedule but cannot countenance having nothing at all. This means that many will face the prospect of having to evict perfectly good tenants due to the financial impact of COVID-19. It also raises the prospect of them selling their asset, which isn’t a good outcome for anyone.

“Almost all landlords are content with tenants remaining in their properties as long as they are paying rent, so this is the area the government needs to address to maintain tenancies – not put a blanket ban on evictions and expect the private housing sector to foot the bill.”

Terry Mason, Group Operations Director, Housing Hand

There’s also the issue of student rental debt building up. Student tenancies are further complicated by the migratory nature of those who hold them, along with the potential for further lockdowns and remote education. The combination of these factors has led many students to favour a “no stay, no pay” mentality. However, that ignores the fact that student renters are still legally obliged to pay their landlords under the legally binding commitments made in their Assured Shorthold Tenancy (AST) agreements.

Some accommodation providers have agreed that students who cannot travel to the property to start the AST will be released from the contract as it is frustrated. Some have even gone further and said that if students are told by the government or World Health Organization to move out during the tenancy, then they will be released from the AST.

However, some student renters want even more concessions, such as tenancies being voided if they change their minds about going to university or want to travel home if their university town goes into lockdown. Again, it is private landlords who are left to deal with the financial and legal fallout of such situations if the student decides not to pay.

“The private rental sector is vital to the UK’s housing makeup. If tenants genuinely cannot pay their rent, the government must step in and support them. Private accommodation providers cannot be expected to provide homes without being paid. In many instances, rent covers the landlord’s mortgage and maintenance costs, meaning that non-payment puts both the tenant and the landlord at risk. We need a solution in place before the second wave really hits and delivers a huge economic as well as health impact.”

Jeremy Robinson, Group Managing Director, Housing Hand

For more information please contact Housing Hand today on +44 (0) 207 205 2625 or visit https://www.housinghand.co.uk/

Increasing numbers of Brits seek sun-kissed second homes in Spain

Increasing numbers of Brits seek sun-kissed second homes in Spain

Spain ,
  • British and Spanish website visitors leading interest in holiday homes (Taylor Wimpey España)
  • Leads up 55% across May to August, compared with 2019
  • Digital viewings and video tours helping to fuel demand

Leading Spanish home builder Taylor Wimpey España has reported significant growth in the number of enquiries it is receiving for its properties in Spain, Mallorca and Ibiza. Leads were up by 21% year to date for August 2020 versus August 2019, while the May to August 2020 period saw a leap of 55% compared to the same months the year before.

When it comes to web visitors, it is British and Spanish interest that is growing most rapidly.

We’re seeing a notable increase in pent-up demand for second homes in Spain. Uncertainty and quarantine restrictions are doing nothing to curb Britons’ interest in owning a sun-kissed Spanish retreat. Indeed, the pandemic has caused many people to think long and hard about what’s important to them and where they want to spend their time.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

In response to the surge in demands, Taylor Wimpey España is offering digital viewings and newly released video tours of its second homes.

At Green Golf in Estepona (Malaga), for example, buyers can now explore the bright, spacious frontline golf properties via an online drone tour, while listening to Taylor Wimpey España share details of the development over the phone. The digital tour of the three-bedroom/three-bathroom townhouses, which are available from €299,000 plus VAT, allows buyers to see everything from the on-site pool and stunning golf course views to the beautifully presented show home.

While the tourism industry in Spain, along with that of most of the rest of the world, has been hit hard by the global health crisis, British families are clearly not giving up on their dreams of owning property there.

The impressive rise in interest is a good indication of what’s to come, post-pandemic. As such, we are not only launching new developments – such as the lovely Harmony apartments, penthouses and duplexes at La Cala Golf – but also searching for new sites along the Costa del Sol and Costa Blanca, as well as in Mallorca and Ibiza.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Until travel restrictions are lifted, the Taylor Wimpey España team will continue to deliver digital viewings to the growing number of Britons who are requesting them.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit https://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Taylor Wimpey España reveals what makes a holiday home perfect for the whole family

Taylor Wimpey España reveals what makes a holiday home perfect for the whole family

Spain ,
  • Families are seeking flexibility in how they use their space
  • Views of nature are important for relaxation
  • Buyers want homes for now and for ‘after’  

The COVID-19 pandemic has done much to change the way we think about our homes, both in terms of how we use them and in relation to the facilities that we want nearby. Nor does this only apply to main residences, as leading Spanish home builder Taylor Wimpey España reveals.

There’s a clear distinction between the kinds of questions potential buyers would ask before the pandemic and those they ask now. Buyers are now much more focused on the flexibility of the space within the home and how many open-air restaurants and sports facilities are available in the open area. There’s a COVID-related twist to their requirements now.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Flexibility is key to these requirements. Buyers are looking for homes that serve the whole family, with accommodation that is arranged in such a way as to facilitate multiple generations enjoying the property together. From the number of bathrooms to the placement of terraces and range of dining options, everything is being scrutinised through a slightly different lens.

In terms of the local area, beaches and golf courses, which southern Spain has in abundance, are still incredibly popular. But buyers now want to know much more about other open-air options. From water sports to outdoor dining, they are keen to understand what their options are when it comes to avoiding being indoors too much.

Spain’s climate certainly helps in this respect. While homeowners in the UK are preparing for the cold and rain of the winter months with a certain sense of trepidation, those in Andalusia can look forward to average temperatures of 15°C in November and 12°C in December.

Sun Valley at La Cala Golf in Malaga epitomises the kind of homes that suit buyers during the COVID-era. Situated on the top of a hill overlooking La Cala’s famous Europa golf course, the homes have fresh air in abundance. Large terraces with glass enclosures are perfect for outdoor dining, while the ground floor homes have lovely private gardens. Owners at La Cala also enjoy a range of discounts and benefits thanks to the resort’s Privilege Card. Prices start from €241,000 plus VAT.

“Buyers are thinking about their second homes in two ways now – how they’re going to use them while the pandemic continues and how they’re going to use them ‘after.’ Developers need to respond to this by being flexible in their approach and building homes that will allow families to create cherished memories both now and in the future. At the same time, established attractions such as the pools and communal gardens that feature in every Taylor Wimpey España development continue to be essential for maximising the enjoyment of family leisure time.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

One important aspect of this, according to Taylor Wimpey España, is the view that those family homes provide. A nature-packed vista can do much to promote feelings of relaxation, whether it’s of the sparkling sea or the greenery of a golf course.

At Botanic, for example, buyers can enjoy both beautiful greenery and spectacular sea views. Priced from €430,000 plus VAT, the homes have been built with a focus on sustainability, ecology and bioclimatic architecture. The buildings are constructed on different ground levels in order to optimise the views and provide an exceptional panorama of the surrounding area, which includes gardens packed with a variety of species and indigenous trees. Meanwhile, vertical gardens and green corridors link each phase of the development, creating a unique natural environment to delight family members of all ages.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit https://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

A new look for the new normal – why lockdown caused so many companies to rebrand

A new look for the new normal – why lockdown caused so many companies to rebrand

United Kingdom
  • Housing Hand launches a new brand and new services in midst of COVID crisis
  • Move reflects trend for brands to look inward during lockdown and focus on their core values
  • Emphasis on creating something positive out of coronavirus pandemic
  • Housing Hand still able to operate during the COVID crisis, continuing to offer guarantees and help

The COVID-19 pandemic has caused companies up and down the UK (and elsewhere) to look inward like never before. With staff working from home or furloughed, many management teams have taken the opportunity to review their internal processes, customer engagement strategies, services offerings and more.

UK rent guarantor service Housing Hand is one business that continued to operate during the crisis and used the lockdown time productively. The company has rebranded and launched a new website packed with additional features, in a move displaying determination to create something positive out of the COVID-19 pandemic.

We’re living through extremely worrying times right now, with both health and financial concerns weighing heavily on many individuals, families and businesses. For companies, the need to adapt to the new normal has been intense. At Housing Hand, we’ve used the lockdown to focus on our brand, our values and make some exciting improvements to the services that we offer through our website.

Jeremy Robinson, Group Managing Director, Housing Hand

Housing Hand’s fresh website includes a new pricing guide to enable students and working professionals to get a free quote prior to applying for a rent guarantor, along with a booking system for arranging meetings and calls with the company’s helpful team via their website. Not only that, but the enhanced House Finder service sends out thousands of free leads to Housing Hand’s partners.

Housing Hand’s new look for the new normal sees ‘Percy the pigeon’ walking applicants through the site’s contents in pursuit of their new ‘nest,’ whether that’s student accommodation or a private rental property.

“We were able to continue operating during COVID, using the time to re-strategise and realign to our core company values. We’re so happy that we’ve launched a fully rebranded website that enhances the user experience and makes it even easier for individuals from around the world to access the information that they need on how to apply for a UK rent guarantor.”

Jeremy Robinson, Group Managing Director, Housing Hand

News of the rebrand comes hot on the heels of Housing Hand’s acquisition of the UK Guarantor website, further cementing its position as the country’s leading rent guarantor firm. A referral partnership between Housing Hand and property platform Accommodation for Students has also just been revealed.

For more information please contact Housing Hand today on +44 (0) 207 205 2625 or visit https://www.housinghand.co.uk/

Spanish second home buyers to live in Harmony with nature at new Taylor Wimpey España development

Spanish second home buyers to live in Harmony with nature at new Taylor Wimpey España development

Spain ,
  • €13.5 million Harmony apartments launched at La Cala Golf Resort
  • 56 luxury apartments to provide panoramic golf, sea and mountain views
  • Over 320 homes already built by Taylor Wimpey España at La Cala

Leading Spanish home builder Taylor Wimpey España has revealed its latest development – the stunning Harmony apartments at La Cala Golf Resort on the Costa del Sol. The development enjoys the highest location at La Cala, meaning the homes will deliver panoramic golf, sea and mountain views.

Harmony will provide 56 luxury homes spread across six buildings, including two- and three-bedroom apartments and three-bedroom penthouses and duplexes. It is the latest development resulting from the €120 million joint venture between Taylor Wimpey España and FBD Leisure (owners of La Cala), which has already delivered over 320 homes.

We are delighted to reveal details of Harmony, which has been designed to make the most of its incredible natural setting. We’ve included particularly large terraces for outdoor dining and relaxation, all set against the stunning backdrop of the Sierra de Mijas, with the Mediterranean Sea sparkling in the distance.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Available from €295,000 plus VAT, the bright, airy homes will offer open plan interiors that are filled with light. The site will also feature a large communal pool and pretty communal gardens. Ground floor homes will have private gardens, as well as terraces, and every property will have its own underground parking space and storage room.

The Taylor Wimpey España and FBD Leisure partnership will see a total of 1,000 homes built at La Cala over the course of the next decade. The resort, which TripAdvisor ranks as one of the ten best golf resorts in Spain for 2020, is a favourite with golfers across Europe, including a significant number of players from the UK.

“The announcement of the Harmony Development is hugely significant. While these are extraordinarily challenging times for the local economy, we remain as determined as ever to invest in the future, and cement La Cala’s position as a bucket-list destination for golfers across Europe.”

Sean Corte-Real, Director of La Cala Resort

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit https://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Taylor Wimpey España reveals 3 unexpected ways COVID has impacted second homes

Taylor Wimpey España reveals 3 unexpected ways COVID has impacted second homes

Spain ,
  • Healthcare and solo sports now both more relevant to second home buyers
  • Potential as longer-term lockdown bolthole not far from buyers’ minds
  • 25% of people more likely to move home due to pandemic, with Spain one of most popular destinations (Knight Frank)

Leading Spanish home builder Taylor Wimpey España has spent more than 60 years satisfying clients’ wishes when it comes to what they want out of a second home. However, it seems that the COVID-19 pandemic has given rise to some unusual requirements.  

“It’s a given that COVID-19 has caused buyers to want more spacious properties and decent WiFi connections, when they are looking at potential second homes, but we’ve seen buyer requirements and behaviour shift in other ways too. It’s as though the lines between second homes and main residences have begun to blur.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

Buyers are now looking at second homes in a different light, analysing their potential for use as a lockdown bolthole for months at a time at very short notice. That includes the potential to work fulltime from their holiday home for several months, should they need to. This means that everything from the stability of the WiFi connection to the size of the fridge and wardrobes is being considered from a new perspective.

Key-ready homes at Grand View, on the Costa del Sol’s well-known La Cala Golf resort, are ideal for buyers looking through this lens. Available from €290,000 plus VAT, the apartments provide a quality lifestyle in peaceful surroundings with stunning views – perfect for those looking for a semi-permanent residence in which to wait out a lockdown.

The second unexpected buyer focus is healthcare. No longer is it only those who buy a second home when approaching retirement who take an interest in the quality of the local medical facilities. Instead, buyers of all ages are now having to factor this into their analysis of potential properties.

Spain certainly fares well in this respect. Not only did the 2019 Bloomberg Healthiest Country Index rank Spain as the world’s healthiest nation, but the country is also renowned for the quality of its public and private healthcare facilities. Not usually something that second home buyers paid much attention to, this requirement has understandably increased in importance in recent months.

Indeed, this and Spain’s other attractions have singled the country out not just as a second home bolthole but also as a destination of choice for those seeking a more permanent relocation. According to Knight Frank’s latest research, based on a survey of 44 countries, 25% of people are more likely to move home in the next year as a result of the pandemic, with 34% of those individuals looking at moving abroad. For those who were more inclined to move abroad, 17% chose Spain as their ideal location (only the UK scored more highly, at 30%).

“Spain has so much to offer not just second home buyers but also those looking to settle fulltime. The weather, cuisine, scenery and cost of living are all extremely attractive – and in many cases more so as a direct result of the pandemic.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

This brings us round to the third requirement that buyers now want from their second homes – socially distanced sporting options. While Spain’s golf courses have always attracted second home buyers from the UK and a range of other countries, there’s now also plenty of interest in everything from tennis to nautical sports, as buyers seek out the ideal combination of keeping fit while also avoiding other people.

This is where Pier 1 fits the bill. The exclusive apartments, which boast private pools for the ground floor and penthouse homes, are situated on the doorstep of La Marina de Sotogrande. The frontline marina properties therefore provide easy access to sailing, surfing, kayaking and other nautical pursuits, as well as on-site golf. Prices start from €1,365,000 plus VAT for a four-bedroom apartment.

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit https://www.taylorwimpeyspain.com/. If you reside outside of the UK you will need to call 00 34 971 706 972.

Housing Hand acquires UK Guarantor website and secures partnership with Accommodation for Students

Housing Hand acquires UK Guarantor website and secures partnership with Accommodation for Students

United Kingdom
  • UK’s leading rent guarantor firm acquires the website of the country’s second largest service
  • Housing Hand has covered more than £646 million in rent since 2013
  • Accommodation for Students partnership to support students across UK

The COVID-19 lockdown has been an exceptionally busy time for the team at Housing Hand. The UK’s largest rent guarantor firm has just announced that it has acquired ukguarantor.com. Student Marketing Agency Ltd, who previously operated the website will no longer process guarantor applications but will continue to manage existing guarantor commitments and support Housing Hand in the smooth transition of new applicants.  The move means that Housing Hand will be taking over all of UK Guarantor’s new and renewal applications (previous matters will still be dealt with by Student Marketing Agency Ltd).

The new arrangements will build on the foundation that Housing Hand has already built. The company has helped and processed 87,764 applicants since 2013, working with more than 3,500 accommodation providers. The total rent covered in that time has topped £646 million.

We are delighted to have acquired the UK Guarantor website to serve even more tenants and students across the UK. Through this and the new partnership with Accommodation for Students, we will offer an enhanced, UK-wide service that enables individuals to rent the properties of their choice without needing to find thousands of pounds for a deposit.

Jeremy Robinson, Group Managing Director, Housing Hand

We’re living in unprecedented times and the need for guarantor services has never been more acute. We will be working closely with Housing Hand to ensure a smooth transition for new applicants. Housing Hand provide an invaluable resource for many of those who are already facing additional pressures in their lives.

Nick Emms, UK Guarantor

Housing Hand acts as a guarantor for students and other renters who otherwise would not have one. Housing Hand liaises with the potential landlord, letting agent or university in order to make the necessary arrangements. Renters who would otherwise be asked to stump up six to 12 months’ rent in advance are thus spared the difficulty of having to do so. The service costs from as little as £295, with payment by instalments also available.

In order to streamline the guarantor process, Housing Hand is built into many accommodation providers’ booking forms. This is where the new partnership with Accommodation for Students comes in. A property platform for students, Accommodation for Students acts as a referral partner for UK Guarantor – and now for Housing Hand. The arrangement means that students in need of a guarantor are provided with an established, trustworthy service that can enable them to access the accommodation they desire.

“As the UK’s number one student accommodation website, we are thrilled to be working in partnership with Housing Hand. Together, we aim to ensure that those studying at the UK’s world-renowned universities are able to access appropriate accommodation throughout their higher education.”

Simon Thompson, Managing Director, Accommodation for Students

Finding a way forward as part of the ‘new normal’ has seen many organisations innovate and form new alliances in order to adapt. Housing Hand has used the experience to take the next step in its history, enabling it to support the ongoing stability of the UK rental sector.

For more information please contact Housing Hand today on +44 (0) 207 205 2625 or visit https://www.housinghand.co.uk/