Considered one of the UK’s first local authority trading company (LATC) rental proptech platforms, Renttl.co.uk has claimed initial success with 34 families housed and 51 landlords signed up, it has told The Negotiator.
Called Renttl.co.uk, the four-month old lettings platform is unique because it offers landlords an attractive package including guaranteed rent, a deposit protection scheme of up to three months’ rent and financial incentives for landlords to take on households threatened with homelessness.
It also puts prospective tenants through a course on how to live in the private sector and gives them financial help with their deposit. Both landlords and renters are supported by a liaison officer.
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