Breaking Property News 20/02/25

Daily bite-sized proptech and property news in partnership with Proptech-X.

Roome celebrates four years of helping students and growing universities’ revenue

James Buck, co-founder of Roome sums up the 48-month journey so far,

‘Four years ago, we launched an app Owen Redman and I wished we had at university – a tool to make shared living not just easier, but better. From finding the right housemates (roomie’s) to managing bills, chores, and everything in between, we knew the student housing experience could be smarter, smoother, and more connected. That’s how Roome was born.

Since then, we’ve helped over 5,000 students find the right accommodation, the right people, and everything else needed to make off-campus student housing work. Along the way, we’ve learned:

Housemate connections matter: Living together isn’t just about sharing a space; it’s about building positive relationships. Clear expectations and communication make all the difference.

Universities are key partners: We’ve had the privilege of working with world-leading institutions to improve the holistic student experience. A stable home life leads to better well-being, friendships, and academic success.

Building for real people is everything: The best solutions come from lived experience. Every feature we’ve developed has been shaped by real student and housemate challenges, and we’re always evolving to meet their needs.’

Owen Redman, co-founder adds,

User Experience (UX) is all:

‘… companies focus on growth and revenue, which of course are key, but Roome focuses on the UX for the students, this is the core, if the service has a sticky usefulness then a business will scale.

Roome increases University revenue streams and safeguards them:

‘We realised that ‘the traditional business model of higher education is evolving. Because ‘Institutions can no longer rely solely on rising tuition among traditional students as the primary revenue source’ – (source Deloitte).  This is Roome’s strength enhancing student engagement and support, which in turn means fewer students dropping out from their courses, increasing and de-risking University revenue and heightening the academic experience.

Roome is a student engagement app tailored specifically for universities. It is a housing platform that connects students with suitable accommodation options and at the same time unlocks value for universities by using the Roome bespoke tools to enhance student engagement and streamline housing processes.’

James Buck concludes, ‘Four years in and we’re just getting started. As one of our partners said: “Roome isn’t just a housing platform, it’s a solution that gives students a better chance at life.” A huge thank you to our users, partners, and everyone who’s been part of this journey. We can’t wait for what’s next!

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Breaking News

Applicant budgets remain stable and rental prices in line with historic norms

Ratio of new renters per instruction rose by 5.1% from 8.9 to 9.4 applications per instruction. Average rental prices declined by 4% in November 2025, remaining closely aligned with November levels observed over the past four years. Year-to-date, average rental prices are 2% higher in 2025 compared to 2024.   New data from Foxtons, London’s…
Read More
Estate Agent Talk

The Impact of Increasing Lease Conversions on Estate Agents in 2026

2026 is shaping up to be a watershed year for the property market. Economic pressures, shifting demand and regulatory changes are converging to create a surge in lease conversion applications. For estate agents, this “perfect storm” will reshape the portfolios they manage and redefine their role in advising landlords. Mustafa Sidki of the construction team…
Read More
Breaking News

First-time buyers help drive the most home moves for three years

Zoopla forecasts 1.5% house price growth for 2026 Housing sales hit 1.2 million over 2025 despite Q4 Budget slowdown More sales doesn’t mean faster price growth – house prices rise just 1.1 per cent (vs 1.9 per cent in 2024) The hottest markets for price growth across Britain are the Scottish Borders (TD postal area…
Read More
Breaking News

Mortgage Lending Statistics – December 2025

Latest findings The outstanding value of all residential mortgage loans increased by 0.9% from the previous quarter to £1,733.7 billion, and was 2.9% higher than a year earlier. The value of gross mortgage advances increased by 36.9% from the previous quarter to £80.4 billion, the largest increase in new advances since 2020 Q3, and was…
Read More
bank of england interest rate
Breaking News

Bank of England interest rates decision – Thoughts from the Industry

The Bank of England has just announced its decision to cut the base rate to 3.75%, the first cut seen since August of this year. This decision comes after inflation (CPI) dropped to 3.2% in November (from 3.6% in October), slowly edging towards the Bank’s 2.0% target. The Monetary Policy Committee voted 5-4 in favour…
Read More
Breaking News

A Winter Rate Cut to Thaw the Market

By Kevin Shaw, National Sales Managing Director, LRG Today’s reduction in interest rates is very welcome news – for homeowners, buyers, property professionals, and no doubt Government ministers. This warming news is set against a chilly backdrop: unemployment has increased to 5.1%, while the November Budget tightened the fiscal screws. Inflation, however, has eased to…
Read More