By UniHomes, the UK’s leading student accommodation platform with bills included, has quietly but audaciously acquired Split The Bills, the student bill sharing provider.
The UniHomes proposition assists thousands of students in their search for student accommodation and ensures that the thorny issue of arranging utilities and broadband are simplified through an all-inclusive cost. The platform works hand in hand with partner letting agents across 25 UK cities, with a 60% increase in users year on year, whilst also increasing letting agent partnerships by 75% in the past 12 months alone.
This growth is now compounded by the acquisition of Split The Bills which adds to the 160,000 students that it has helped with their accommodation needs in 2020. There are over 14,000 student houses that are advertised on the UniHomes platform, anticipated to increase as UniHomes expands to 40+ cities by the end of 2021.
Due to the upward momentum of the business, well over a quarter of a million people will be assisted by UniHomes in the next academic year – which is equal to 23% of the total student rental market*.
UniHomes was founded in 2015 by Phil Greaves, Bradley Cox and Luca Mori who recognised the obstacles students face when looking for suitable accommodation, and as student property investors themselves, identified a gap in the market for all-inclusive accommodation. Thousands of student enquiries later, their solution has gained significant traction amongst tenants, large landlords and letting agents alike.
UniHomes offers letting agents with HMO student properties free advertising. Many of their agency clients have reported volumes of enquiries that far exceed that from other advertising portals.
Co-Founder of UniHomes, Phil Greaves says:
“Our goal is to become synonymous as the go-to accommodation portal for students, providing the best choice of available properties with the added bonus that bills are included.”
“Our vast network of letting agent partners recognise the power of our offering. Adding UniHomes to an agent’s list of portal partners opens the market up to them considerably and, even better, we’re completely free of charge to agents”.
“2020 has been a challenging year for everyone, this acquisition would not have been possible without the hard work and dedication of the teams in both businesses. I’m very proud of what we have achieved over the past 5 years. With the addition of Split The Bills, we look forward to the next chapter of our journey and we’re very excited for 2021!”
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