RentGuarantor Hldgs - Partnership with University Living

14 February 2024

RentGuarantor Holdings PLC

(the "Company" or "RentGuarantor")

Partnership with University Living

RentGuarantor (AQSE: RGG), a provider of rent guarantee services to prospective tenants across the socioeconomic spectrum wishing to rent property in the UK private rental sector, announces that it has entered into a three-year agreement with University Living - a student letting company.

University Living will use bespoke marketing materials to promote the RentGuarantor service to all its residential tenants, including students, with the intention of generating secure tenancies for University Living's landlord portfolio.

Founded in 2015, University Living is a global student housing marketplace that helps students worldwide find suitable and secure accommodation near their university campuses. University Living has helped house students from 93 nationalities, working with over 300 international educational hubs and delivering 2,000,000+ beds for students across its partnerships.

Paul Foy, CEO of RentGuarantor, commented: "We are pleased to announce this partnership with University Living, and work will begin immediately with the onboarding of tenants and the provision of rent guarantees. This partnership is another positive step forward for the Company, allowing us to further expand our revenue streams and broaden our access to the student lettings market. I look forward to announcing further partnerships in the future."

Mayank Maheswari, COO of University Living, commented: "Our partnership with RentGuarantor will improve the process of international students renting a home in the UK and allow students easier access to property, whilst ensuring our landlords benefit from the additional security of having a professional guarantor in place."

Ends

For further information please contact: 

RentGuarantor Holdings PLC

Paul Foy, Chief Executive Officer                                                                                          

+44 207 193 4418 

Alfred Henry Corporate Finance Limited (AQSE Corporate Adviser)

Nick Michaels

Maya Klein Wassink                                                                                                               

+44 20 3772 0021

Zeus (Joint Broker)

Simon Johnson (Corporate Broking)

James Hornigold (Investment Banking)

+44 203 829 5000

Oberon Capital (Joint Broker)

Mike Seabrook

Nick Lovering

+44 (0) 203 179 5300

BlytheRay (Financial PR)

Tim Blythe

Megan Ray

+44 207 138 3204

About RentGuarantor

RentGuarantor provides a rent guarantee service to tenants wishing to rent property in the UK from the Private Rental Sector ("PRS"). It is an online service where applications are managed on a secure and bespoke digital platform designed and built by the Company. The goal is to make the process as simple as possible, with applications only taking a few minutes and RentGuarantor completing the application on the same day.

RentGuarantor supplies its service to the whole of the market - students, both from the UK and overseas, employed people and people on benefits including Universal Credit, ensuring that everyone has the opportunity to live in their dream rental home.