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TODAY'S OTHER NEWS

Room To Let - no rent required!

An online platform is launching to match people with space to let with tenants in need - but no rent will be exchanged.

KindRoom instead offers itself as a platform advertising homes to let, but in return expects tenants to offer “valuable knowledge in a field, expertise in a subject area or…a valuable skill or skill sets that can be exchanged for a space or a room to save money on accommodation.”

In a vaguely worded launch statement the service says it’s a “fight back against skyrocketing global rental markets.”

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It continues: “Tenants get to browse on homes, rooms and spaces available in their desired location. They then apply to a stay they like and to which they can provide the required services for the host. 

“However, before they can apply to a particular stay, they must register first. Similar to that of Airbnb.”

Likewise, hosts can browse through requests that tenants have posted and select a particular tenant they feel matches their needs and apply to host them. 

Hosts can choose multiple tenants and select one they like most following a conversation with each tenant.

The platform already has registered users, including a tenant looking to use her London residence in a swap for a dog sitter for a few weeks.

“The platform will encourage almost limitless service-for-accommodation trades, with anything from coding to legal advice and DIY assistance to simple companionship. The sky really is the limit” says the launch statement.

Founder Bernard Darko says: “The rental market, both domestically and on a global scale, is simply out of control, rising above inflation in most cases and becoming unaffordable for masses of people.

“For us, the idea stemmed from when we ran out of money from our previous start-up and could no longer afford our accommodation. We searched online to see if we could provide our expertise in exchange for accommodation.

“We then had an epiphany whereby we could create an alternative world where almost anything could be obtained by exchanging knowledge or acquired skill. An equaliser against the backdrop of an increasingly financially driven world.”

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  • George Dawes

    You’ll own nothing and you’ll rent everything

    But somebody will own everything, just not you …

  • Elizabeth Campion

    Absolutely penny dropping.
    We used to call it middle class professionals having guests stay in their house. This is not new. People shared interest . Like homeowners putting up traveling low paid theatre actors. Drrrrrr.
    This website not telling me something we don't already know. Free or low cost guests

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    I'm sure this is a taxable benefit in kind or something like that.

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    No website yet for Kindroom?

    jeremy clarke

    Founder Bernard Darko is a director of a couple of companies, not a great track record.
    Kindroom - Company No.
    14159438
    Private Limited Company with Share Capital
    Incorporation
    8 June 2022
    Incorporated 5 months ago
    Size
    Unreported
    Classification
    Other holiday and other short stay accommodation (not including holiday centres and villages or youth hostels) n.e.c. (55209)
    Other accommodation (55900)

     
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    Another scam and tax avoidance, a whole range of issues including filling void spaces created by licensing schemes restrictions of occupancy. Cris is right how many times has it been made clear to landlords it can’t be benefit in kind and has to be monetary. I wonder what skills will be on offer maybe create a Brothel .

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    Your last sentence was certainly the first thing that occurred to me.

     
  • icon

    People need to be very careful who they are allowing into their own homes, a disaster waiting to happen

  • icon

    Having someone stay in your house comes at a certain cost. Utilities are all metered and the extra usage will be significant. Extra showers, extra loads of washing, extra use of the oven all mounts up. Then there is the cost of stuff house guests "borrow" such as handcream, printer paper, kitchen foil, etc.

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    Andrew, we won’t allow them in, they will be already in. We are excluded for the property and have to make an appointment.

  • Elizabeth Campion

    I think what they are saying is after all tenants thrown out before section 21 abolished . They need some kind soul to put people up rent free

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    Elizabeth, that's what the politicians want !

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