A rent guarantor provider has announced a deal with agency Clever Student Lets.
The provider – called RentGuarantor – says the deal means that Clever Student Lets will be promoting RentGuarantor to all students making enquiries at the agency. Currently it has a hefty 2,500 properties listed on its website.
Over 70 per cent of landlords require students to have a UK resident guarantor when they rent student accommodation. In the UK, approximately 20.7 per cent of the student population are overseas students who often have no access to a UK guarantor.
Paul Foy, chief executive of RentGuarantor, comments: “I’m pleased to announce the agreement with Clever Student Lets and look forward to becoming their preferred rent guarantee supplier.
“RentGuarantor expects to assist Clever Student Lets by guaranteeing the rents of their student tenants … for the upcoming 2023/24 academic year and beyond”.
