UK guarantor service Housing Hand says it’s seen revenue growth of 49% during the past year, increasing from £2.03m to £3.03m.

And it says transactions grew across all types of accommodation providers: Build to Rent operators, Purpose-Built Student Accommodation (PBSA) providers, lettings agents and private landlords.  

The BTR sector led transaction growth during the year, with an increase of 54.9%. That compares to the sector’s own 23% increase in completed homes between Q3 2023 and Q3 2024, as reported by Savills.

Housing Hand’s transaction growth in the PBSA sector hit 50.1% during the year aligned to a CBRE report that the sector is performing robustly, delivering returns of 9.8% in the year to September 2024 (compared to just 3.5% across all commercial property). 

Transactions with lettings agents also increased for Housing Hand over the past year (by 49.1%) as did private landlord transactions (by 29.9%).

Housing Hand has partnerships with some 51 universities across the UK and Ireland, and also provides services specifically developed to support care experienced students and students who are estranged from their families. 

The company claims a 100% payout rate for all valid claims, and over the past three years has settled over £3.4m worth of accommodation provider claims.

Housing Hand has diversified to include a House Finder service which enables individuals to select, review and book rental properties, connecting renters with accommodation providers. Its guarantor service guarantees rent payments for the whole of the individual’s tenancy, with insurance-backed services tailored to those renting on their own and those in shared accommodation, such as HMOs. It also offers a Depositless extension to its guarantee, meaning renters don’t need to raise a deposit in order to secure a home and gain rapid tenancy.