RentGuarantor announce new partnership with Canopy

The rent guarantee service provider has announced that it has entered into a new agreement which will see it provide a company guarantor option to Canopy’s tenants.

Related topics:  Business,  tenants,  rent
Property | Reporter
14th June 2023
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"According to Arlington Research, 38% of tenants would choose to pay for a rent guarantee service rather than relying on family, and this latest partnership with Canopy demonstrates the growing demand for our product"

RentGuarantor has announced that it has entered into a new agreement with InsureStreet Limited (“Canopy”) for the use of the RentGuarantor service.

Canopy, which provides access to tools, services, and products for renters, letting agents, and landlords, completes 120,000 references per year whereby 12% of these references require a guarantor.

Paul Foy, CEO of RentGuarantor, commented: “We are delighted to announce this partnership with Canopy. Canopy’s drive to provide access to services that benefit all areas of the rental value chain aligns closely with our own values, and we look forward to providing their tenants and landlords with the option of securing a guarantor.

“According to Arlington Research, 38% of tenants would choose to pay for a rent guarantee service rather than relying on family, and this latest partnership with Canopy demonstrates the growing demand for our product.”

Chris Hutchinson, CEO of Canopy, commented: “We are always looking to expand and improve our offering to both tenants and landlords and are excited to launch a partnership with RentGuarantor. This will enable us to provide even more tenants with access to property and more landlords certainty of rent payments at no cost, enhancing our already excellent offering to the private rental sector.”

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