RentGuarantor Hldgs - Consultancy Agreement
Announcement provided by
RentGuarantor Holdings PLC · RGG28/06/2022 07:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM
28 June 2022
RentGuarantor Holdings PLC
(the "Company" or "RentGuarantor")
Consultancy Agreement
RentGuarantor is pleased to announce that its subsidiary, Ezylet Ltd, a company incorporated in
The Consultancy Agreement is for an initial term of 12 months.
Berkeley is headquartered in the
Paul Foy, CEO of RentGuarantor, says: "We're very pleased to announce the appointment of Berkeley. We believe the team at Berkeley have demonstrated a vast knowledge of the property rental sector in the
Commenting for Berkeley, Chris Hewitt, CEO, says: "We're delighted to have been selected to deliver the PR and communications strategy for RentGuarantor. We're confident our experience in the property sector will serve us well in growing awareness of the brand amongst key audiences in the rentals market. We look forward to working with Paul and his team, using our creative storytelling approach to achieve great results."
The directors of RentGuarantor accept responsibility for this announcement.
**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
+44 203 772 0021
Optiva Securities Limited (Broker)
Vishal Balasingham
+44 203 411 1881
About RentGuarantor Holdings Plc
RentGuarantor provides a rent guarantee service to tenants wishing to rent property in the UK from the Private Rental Sector ("PRS"). The rent guarantee service is an online service where applications can be managed on a secure and bespoke digital platform designed and built by RentGuarantor. RentGuarantor supplies its service to the whole of market - students, employed, and people on benefits including Universal Credit. Local authorities have a legal obligation under housing and other property related Acts of Parliament to provide tenants with a home and this is mostly achieved by paying for the tenant to reside in a PRS property. Local authorities use the guarantee service as they cannot become a guarantor. RentGuarantor's risk from rent guarantees is fully underwritten by Lloyds of London.
The Company's strategy is to strengthen its senior and middle management team and grow revenue in accordance with its business model. RentGuarantor sees the PRS continuing to grow with affordability to buy, coupled with lifestyle choices being the key drivers over the next 3-5 years.
RentGuarantor will rollout additional services that complement RentGuarantor's proposition, which will deliver additional revenue, and cement RentGuarantor as the leading rental guarantor company in the UK.
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