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RNS Number : 6061U RentGuarantor Holdings PLC 27 February 2026
27 February 2026
RentGuarantor Holdings PLC
(the "Company" or "RentGuarantor")
RentGuarantor Develops AI Infrastructure to Support Long-Term Growth Plans
RentGuarantor (AIM: RGG), a provider of rent guarantee services to prospective
tenants across the socio-economic spectrum wishing to rent property in the
UK(1) private rental sector, is pleased to provide an update on the bespoke
artificial intelligence ("AI") infrastructure that the Company is developing.
The Board considers that AI will significantly support the Company's ability
to scale its operations to enable it to achieve its long-term growth plans.
Using its AI tools, the Board believes that RentGuarantor would illustratively
have the potential to increase its capacity for processing tenant documents to
approximately 100,000 contracts per year by 2029, a 30-fold increase over the
number of tenant contracts completed via its platform in FY25, while also
delivering significant efficiency gains.
Highlights
· RentGuarantor has developed AI-powered tools capable of automatically
reading and analysing tenant documents.
· The initial application of this technology is an Automated Document
Reader for Universal Credit ("ADR-UC"). After analysing the documents, ADR-UC
will provide a clear explanation that the operational team can review before
making a decision on application approvals, allowing for less time being spent
on manual document checking and more time available for complex cases. The
Company expects to commence the use of ADR-UC within its platform later this
year.
· The Board anticipates that by expanding the use of the AI tools it
has developed to other document types, the Company will ultimately be able to
process applications for its guarantor service to an 'accept' or 'refer'
decision point in approximately one minute, which would be a significant
reduction from the time currently taken to process an application.
· The expected deployment of AI infrastructure throughout the business
is ultimately expected to help increase capacity by delivering a significantly
scaled processing volume, without the need for the operational headcount to
grow proportionally.
· Applicants are also expected to benefit from an improved digital
experience via a faster progression of their application. Human oversight over
applications will remain, with experienced staff on hand to support throughout
the process.
· The Company's AI strategy is led by Professor David Cliff,
Non-Executive Director, who has oversight of RentGuarantor's Research and
Innovation initiatives and is a Professor of Computer Science at the
University of Bristol. He previously worked at the Massachusetts Institute of
Technology in the Artificial Intelligence Laboratory, and as an Industrial
Researcher for Hewlett-Packard and Deutsche Bank.
Paul Foy, CEO of RentGuarantor, said: "I am excited by the impact that we
expect our bespoke AI technology to be able to deliver to RentGuarantor. We
believe that our initial application in ADR‑UC will ultimately significantly
streamline one of the most time‑intensive aspects of our operations and will
act as a catalyst for further technological progress across the business. Over
time, we can see bespoke AI technology applications creating meaningful value
for investors by dramatically increasing our application throughput and
operational capacity should the volume of applications increase substantially.
"Our broader technology strategy is focused on driving efficiency without
compromising our award‑winning customer service, and we are confident that
our AI roadmap can help us to deliver on that ambition."
David Cliff, Non-Executive Director of RentGuarantor, said: "We have an
exciting pipeline of new AI technologies in development that we believe have
the ability to position RentGuarantor at the forefront of the property
technology industry. These innovations will not only have the potential to
drive significant operational efficiencies but also to transform the customer
experience, with the goal of creating a first‑in‑class user interface. Our
automated reader for universal credit documents is just the beginning, and we
look forward to further integrating these innovations into our products."
Ends
To engage with this announcement on our Investor Hub, please use the following
link: https://investorhub.rentguarantor.com/link/PbLDne
(https://investorhub.rentguarantor.com/link/PbLDne)
For more information, please contact:
RentGuarantor Holdings PLC
Paul Foy, Chief Executive Officer
+44 207 193 4418
Kam Bansil / Ian Mitchell, Investor Relations
+44 207 039 1901
Allenby Capital Limited (AIM Nominated Adviser and Broker)
Alex Brearley / Nick Harriss / Ashur Joseph (Corporate Finance)
Amrit Nahal / Kelly Gardiner (Sales and Corporate Broking)
+44 20 3328 5656
BlytheRay (Financial PR)
Megan Ray
Will Jones
+44 207 138 3204
rentguarantor@blytheray.com
About RentGuarantor
RentGuarantor provides a rent guarantee service to tenants wishing to rent
property in the UK(1) (currently excluding Northern Ireland) from the Private
Rental Sector ("PRS"). It is an online service where applications are managed
on a secure and bespoke digital platform designed and built by the Company.
The goal is to make the process as simple as possible, with applications only
taking a few minutes and RentGuarantor seeking to complete the application on
the same day.
(1) Currently excluding Northern Ireland.
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