Universal Credit for Homes To Let has partnered up with Experian Credit referencing agency. This partnership ensures a fast, sufficient, and accurate way of finding a suitable tenant for our registered landlords and agencies.
We thoroughly vet all home seekers for affordability and identification, with our partners Experian ensuring you find dependable tenants.
Universal Credit spending is forecast at £50.8 billion for 2023-24, reflecting a significant portion of the rental market with government-backed financial security.
Stay ahead with our insights into housing trends, including the 6.1% rise in UK private rental prices as of October 2023.
The Financial Landscape
The UK rental market is burgeoning, with private rental prices rising by 6.1% in the past year. London leads with a 6.8% increase, the highest since data collection began in 2006. In this context, offering properties to a wider range of tenants, including those on benefits, not only fulfils a social need but also taps into a stable revenue stream.
Maximizing Your Returns
Diverse Tenant Base: Our platform diversifies your tenant base, mitigating vacancy risks.
Government Backing: Leverage the stability of government-backed rent through Universal Credit, part of the £77.5 billion welfare spending forecast for 2023-24.
Market Insights: We provide real-time data and trends to help you make informed decisions.
Our Impact
In 2022-23, the UK saw 36,478 housing starts, with a significant focus on affordable homes. This shift underscores the growing importance of accommodating a broader tenant spectrum, including those benefiting from social housing initiatives.
Harnessing Market Trends
Growing Rental Market: The UK rental market is experiencing dynamic growth. Private rental prices across the UK, excluding London, increased by 5.7% in the 12 months to October 2023, reflecting a robust and expanding market.
London’s Rental Landscape: London’s rental market, accounting for nearly a third of the UK’s rental expenditure, saw a significant increase of 6.8% during the same period. This surge signals a lucrative opportunity for landlords in the capital.
National Housing Trends: The trend towards affordable housing is gaining momentum, with a substantial percentage of new housing starts dedicated to affordable homes. This shift in focus presents a unique opportunity for landlords to diversify their portfolios and cater to a growing segment of the population in need of affordable housing options.
Supporting Social Change
Affordable Housing Focus: With 78% of new housing starts aimed at affordable homes, we align with national trends to support inclusive housing.
Responding to Market Needs: Our services are designed to meet the evolving demands of the UK housing market, where affordable and social housing play increasingly vital roles.
Special Features
Advanced Matching Algorithms: Our platform intelligently matches tenant profiles with your property criteria.
Real-Time Alerts: Stay updated with instant notifications on suitable tenant matches.
Dedicated Support: Our team is ready to assist with any queries, offering personalized support.
Join the Change
The UK’s focus on social and affordable housing is more pronounced than ever, with potential savings of £1.5 billion a year for the government by investing more in this sector. By partnering with us, you become part of a socially responsible network that also maximizes your investment returns.
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