Redstones Wolverhampton Letting Agents Acquires Student Accommodation Agency

Apr 3, 2018

Redstones Wolverhampton has now acquired Housemates lettings agency which specialises in student and HMO (house in multiple occupancy) lettings. Good news for students and professionals looking for their next home, as well as landlords looking for a high quality property management services.

Wolverhampton, United Kingdom - April 2, 2018 /PressCable/ —

New home for student lettings agency Housemates

Redstones Wolverhampton has now acquired lettings agency Housemates which specialises in student and HMO (house in multiple occupancy) lettings.

Good news for students and professionals looking for their next home

Housemates had a simple mission: to provide university students and professionals with quality affordable accommodation. Now students and those looking for shared-living can benefit from the experienced services on offer from the dynamic Redstones Wolverhampton team which has just taken on the Housemates agency.

While there might only be one university in Wolverhampton itself, it attracts over 23,000 students who all need a place to stay for at least 3 to 5 years depending on their degree. In addition to this, the Wolves area attracts thousands of other students due to its proximity to Birmingham and Walsall. The bustling city is also a magnet for young professionals seeking affordable shared accommodation.

Housemates acquisition by Redstones comes as demand for rental properties increases

“The percentage of 25 to 34 year old householders renting their home has surpassed those who own their homes over the last decade. There has been a noticeable increase in renting since the early 2000s,” according to government figures. (1)

The increased demand for rented housing may be due to house price increases and a rise in the supply of privately rented housing from a growing number of buy-to-let investors. Not only this but figures show that England, Scotland Wales and NI have all experienced rises in their private rental prices since 2011.(2)

The general upward trend in the number of people now renting means that lettings agencies are in great demand.

Redstones Wolverhampton expands to offer more choice

Redstones Wolverhampton is an estate agency offering residential sales, lettings and property management for the Wolverhampton area. Its modern offices are prominently located in Wolverhampton city centre making it convenient for clients.

Redstones Wolverhampton is a family-run business which focusses on customer experience. Its founder, Manj Singh, has always been self-employed and wanted to bring his ambitious vision to the property market. Speaking about taking on Housemates, Manj Singh said: “We are truly honoured to have acquired Housemates Wolverhampton to run alongside our proven high tech business model at Redstones Wolverhampton. Housemates the only specialist student/HMO agency in Wolverhampton, already has a fabulous reputation and we intend to bring our experience and knowledge to make the biggest in the Midlands!”

Manj Singh and his team clearly relish the additional opportunities which the Housemates specialism will bring.

Housemates acquisition coincides with Redstones group website launch

The Housemates acquisition comes at a time when the Redstones group is going from strength to strength. The independent franchise group fired up its brand very recently with the launch of its own new website. The fresh new site extends marketing support and guidance to its franchisees so that they can more easily bring its trademark customer service to the local market.

1. Address: Housemates, 84d Darlington St, Wolverhampton, WV1 4EX

2. Telephone: 01902 579395 M: 07974 421715 Email: [email protected]

Contact Info:
Name: Manj Singh
Email: [email protected]
Organization: Redstones Wolverhampton
Address: 84d Darlington Street, Wolverhampton, West Midlands WV1 4EX, United Kingdom
Phone: +44-1902-504455

For more information, please visit https://www.redstones.co.uk/branches/wolverhampton/

Source: PressCable

Release ID: 323415

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