Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
PropTech Firms Enhance Integration to Support Agents Under Renters Rights Act
Two leading UK PropTech companies, Goodlord and Reapit, have signed a deal to improve the tenant onboarding process for letting agents. The agreement will see an enhanced integration between their platforms in the coming months.
According to a statement, the integration will allow Goodlord’s referencing, compliance, insurance, and tenancy progression services to be accessed directly within Reapit. This development is intended to help agents manage tenant onboarding more efficiently.
The statement also notes that, under the Renters Rights Act, Goodlord’s pre-tenancy referencing and affordability checks will assist agents in placing the right tenant. The companies aim to support letting agents in meeting compliance requirements and reducing risk.
This move is relevant for UK letting agents and inventory clerks seeking streamlined processes and improved compliance tools in response to legislative changes.
Source: Letting Agent Today