Rent Recognition Challenge - £2 Million Fund Launched to Help Renters onto the Housing Ladder

This fund  challenges firms to develop new applications, or build on existing ones, to enable rental tenants to record and share their rental payment data with lenders and credit reference agencies.

The competition will provide an initial round of grant funding to six promising proposals from budding entrepreneurs, each receiving £100,000 to support the development of a prototype application/product that will help to enable Britain's 11 million renters  to improve their credit scores and their chances of getting a mortgage.

Applications close 9 March 2018.

Development runs April - October 2018.

Further details available here
Posted on: Monday 29th January 2018