student property

January 26, 2010

Letting Agents offered a window into Student and 18-34 property market
Demand for rental properties is set to remain strong over the next few years as first-time buyers continue to find it difficult to obtain mortgage finance.
According to the Council of Mortgage Lenders (CML), those in the formerly “typical” first-time buyer age brackets of between 25 years old to 34 years old, the likelihood of this age group buying at the moment is half what it was a decade ago. Contrary to this demand for student accommodation continues to rise, with UCAS reporting an increase of 22.9% in full-time undergraduate applications over 2009.

u-rooms.com, a new property portal targeted towards students and young professionals, is developed in response to this shift and will meet the needs of these growing property seekers. u-rooms.com offers services to young professionals and students that reflect their ‘always online’ lifestyle, end enabling them to link their property hunt to their favourite social network site, to search for homes, flatmate or houseshare that matches their unique attributes and preferences.

u-rooms allows letting agents across the UK to list properties on its website thus giving them an opportunity to break down the corporate barriers and guarantee a window into student, key-worker and 18-34 property market. u-rooms connects to facebook and other social networks to communicate in a way that this demographic demands. Moreover, the website offers agents unique dashboards and tools to manage their listings and prospects and improve on enquiry to let ratios.

Mike Peirce, CEO of u-rooms ltd comments: “although the market size has increased and is also maturing in terms of its use of the internet (e.g. use of Social Networking) – the services, and user experience, offered to support the rental market have not evolved at the same pace, leaving a gap which u-rooms intends to champion”.

About u-rooms

The company, formed in June 2009 by Mike Peirce (former CTO, lastminute.com) and Mark Davies (former head of online at Unite, FTSE 250 Company), empowers both the student and property provider with tools to ensure they have a ‘correct’ match between property and prospective tenant. The team’s experience in property rentals, student accommodation and engaging customer experience will ensure a great service for finding a flat, student house, houseshare, halls of residence and student home in the UK market.
For more information visit: http://www.u-rooms.com or contact mark@u-rooms.com

u-rooms lettings, rentals and landlords

December 7, 2009

Michael Peirce, former CTO of lastminute.com and u-rooms CEO said “we were in a very fortunate position in having several potential suitors for first round investment, but Chadwick Holdings clearly distanced themselves from the others with their deep understanding of the market and ability to add value to our innovative strategy to disrupt the traditional high street estate agent model.  We are very excited at the opportunities this has already presented to u-rooms as the dividends of working with Chadwick Holdings are already being realised.”

<a href=”http://www.u-rooms.com“>student accommodation</a>

Mike is former CTO of lastminute.com and Tiscali (formerly LibertySurf). He has been working with Unite as a strategic consultant for several years and was Director of e-Business with the media agency that delivered the e-commerce property solution to Spiccerhart, the largest estate agent in the UK. While at lastminute.com Mike was instrumental at Board level in defining and implementing the travel transaction solution that encompassed packages and hotel property bookings, and managed a staff of over 150 in 3 countries with a budget in excess of £15m. He has a long history of successful startup experience, built on a firm Blue Chip foundation of 7 years at the Kroger Company as head of R&D.

u-rooms offers <a href=”http://www.u-rooms.com“>flats rent</a>, a href=”http://www.u-rooms.com“>student housing</a>

Student Accommodation/ Flats to rent

December 4, 2009

Flats to rent/ Student Accommodation

u-rooms ltd is pleased to announce that it has successfully completed the securing of first round investment from Chadwick Holdings. This capital will enable u-rooms ltd to develop their prime proposition of http://www.u-rooms.com, an online marketplace matching landlords and tenants and targeting the rental, house share and student accommodation sectors.

The Company, formed in June 2009 by Mike Peirce and Mark Davies, will employ innovative technology to provide landlords and tenants with the most engaging and empowering online customer experience, and ensure that the match between property and tenant is done in the most efficient way possible. http://www.u-rooms.com is currently in development and will be launching in Q1 2010 within the initial market of the UK.

Richard Douglas of Chadwick Holdings, said “Investing in u-rooms was the most compelling business investment opportunity we have seen this year, we were immediately impressed by the proposition and the team’s long standing experience in this vertical.  The property rental sector has yet to fully grasp and utilise the internet to match landlords with their tenants and Chadwick Holdings are convinced this is the right team with the right plan to radically change the rental process using the latest internet technologies. ”

Michael Peirce, former CTO of lastminute.com and u-rooms CEO said “we were in a very fortunate position in having several potential suitors for first round investment, but Chadwick Holdings clearly distanced themselves from the others with their deep understanding of the market and ability to add value to our innovative strategy to disrupt the traditional high street estate agent model.  We are very excited at the opportunities this has already presented to u-rooms as the dividends of working with Chadwick Holdings are already being realised.”

Richard Douglas and Stuart McKnight (Managing Director of Ascendant) join the u-rooms team as non-executive directors.

u-rooms will be launched in the first quarter of 2010 with the team currently working on securing round two of investment that will see them to profitability in 2011.

For more information on u-rooms ltd, contact Mike Peirce on +44 (0)207 0961 992 or via email at mike@u-rooms.com

Acommodation Accomodation acomodation- it’s one of the most mis-spelt words

December 1, 2009

Accommodation. Know any more commonly mis-spelt words? (I’m now questioning whether mis-spelt is spelt correctly!)

student flats

December 1, 2009

How do students want to find accommodation??

student flats
student accommodation

Hello world!

December 1, 2009

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