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New app to link landlords with student tenants

Saturday 11 November 2017

A new app aims to help university students find rooms or entire properties to rent and thus sidestep potential “horror stories” for them and landlords.

London-based startup, SPCE launched this week after raising £280k on Seedrs, an equity crowdfunding platform, earlier this year.

The company will work with Experian to help students develop credit ratings whilst studying.

Leon Ifayemi, CEO of SPCE, said: “Anyone currently at university or who’s graduated in the past will be more than likely have their fair share of horror stories about finding, securing and living in rented accommodation.

“The truth is that many landlords will also have a tale to tell about renting properties to students. The launch of SPCE will change all this and I am delighted to unveil it.

“Not only are we going to make it easy for students to find properties and for landlords to locate new tenants, but we are also going to make communication between both parties throughout the tenancy absolutely effortless.

“Throw in the ability for students to build a credit rating and the fact that parent guarantors are kept in the loop, and we’re confident that SPCE is going to drag student lettings into the modern day.”

SPCE already has 50,000 rooms for rent, and 15,000 students have pre-registered to download the proptech app. 

The business has made agreements with six universities and has a presence in London, Newcastle and Manchester.

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