Rent guarantor service to meet Housing Minister
Rent guarantor service Housing Hand will meet with Housing Minister Esther McVey this month to discuss supporting those who find it harder to access housing.
Housing Hand acts as a guarantor for students and working professionals who rent their homes and do not have a UK guarantor.
Jeremy Robinson, group managing director at Housing Hand, said: “Local authorities have a complex task ahead of them when it comes to meeting the housing needs of some of the most vulnerable members of our society.
“Doing so requires them to work with a range of external agencies and to find new ways of supporting their constituents.
“As such, Housing Hand is trialling a new way of working with local councils to ensure that those who need housing are better able to access it.
“There’s nothing that can’t be solved when it comes to addressing the problems with the UK housing market – it just requires the right combination of vision, practicality and funding.
“Our business has evolved significantly since we first started providing rent guarantor services and we are delighted to be in a position now to support some of those who find it hardest to access housing to do so with a sense of security.”
The sevrice has covered £120m in rent to date and has worked with over 3,000 accommodation providers.
It is piloting a scheme working with local councils to support those most in need of support with accessing appropriate housing.
Housing Hand’s service involves stepping in to act as a guarantor should the tenant not be able to pay their rent.
The company works directly with landlords, local councils and tenants in order to provide stability within the rented accommodation sector.
Housing Hand said supporting people to get off the streets and back into mainstream housing is a complex issue and one that is better addressed by supporting those at risk of becoming homeless in the first place.
Therefore, it argued local councils need to do all they can to support those who find it harder to access housing.