Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
New Tool Helps Landlords Prepare for Mandatory Database
Property management platform Lendlord has launched a tool to help landlords in England prepare for the mandatory database being introduced shortly.
Available within Lendlord's Compliance Hub, the tool pulls together information already held in a landlord's portfolio to prepare a registration pack. It also flags missing details and identifies regional registration deadlines.
For letting agents and inventory clerks, the launch signals that landlord registration preparations are moving forward ahead of the mandatory database. Agents may find that landlord clients need support collating portfolio information and confirming that records are complete before registration deadlines apply.
The article does not specify an introduction date for the mandatory database or confirm whether the tool is free to use. Full details are available in the original report.
Source: Landlord Today