New tenancies push half of renters into debt

Renting is now so expensive that it’s pushing two in five renters into debt if they want to start a new tenancy, recent research has found. According to consumer group Which?, a staggering 43 percent of new tenants have needed to take out a loan, use their credit card or even borrow money from family and friends to fund their deposit. At the same time, the “double deposit bind” (where tenants have to find cash for their new deposit before having their previous deposit returned) has pushed 31 percent into debt, leaving them stressed and financially stretched. ...

This is what disruption looks like

flatfair was founded in 2016, and I’ve been working with them ever since. When I see what this young business has achieved so far, I recognise (and I’m sure they wouldn’t mind me saying that) true disruption at the heart. When we talk about disruption, what is it we mean though? It’s a phrase oft used, but what does it actually look like? Back in 2014, Harvard Business School professor Clayton Christensen said something that strikes me now as much as it did then: “Disruption is, at its core, a really powerful idea. ...

How flatfair is taking on “Rentquake”

We’ve said it before, and we’ll say it again: the UK housing market is broken. Housing charity Shelter is inclined to agree: its latest report shows that not only are more of us renting now than ten years ago, but rents are rising too. In the wake of such findings, it’s no wonder there’s talk of a “rentquake” hitting the UK housing market. In Shelter’s analysis of the latest English Housing Survey (EHS) report, the charity shows that, since 2006⁄7, the percentage of UK householders in privately rented housing has ballooned by 74%. ...

Our partnership with Sowerbys: bringing deposit-free renting to Norfolk

flatfair is delighted to announce our new partnership with Sowerbys, a leading independent Norfolk estate agent. With eight offices in Norwich, Burnham Market, Holt, Dereham, King’s Lynn, Hunstanton, Wells-next-the Sea and Watton, Sowerbys will now be offering the many benefits of deposit-free renting to tenants and landlords across the county. flatfair’s growth continues across the UK! Sowerbys’ fully bespoke Lettings & Property Management Team takes care of a wide range of properties, from one bedroomed studios overlooking the sea to large country estates. ...

Meet Adam Ali: flatfair’s new partnership manager

We’re excited to welcome Adam Ali to team flatfair. If you’re an estate agent, you probably already know him: you met him at a conference; he’s trained your staff on marketing systems; you saw him speak at an event. If not, here’s your chance to connect. He comes to flatfair with a briefcase brimming with experience across London and the wider UK property market. He spent four years as account and onboarding manager for Fine and Country and The Guild of Property Professionals (under GPEA Ltd) and in the past few years he’s dived down into the world of publishing, running the prime central London title, London Property Magazine. ...