Lettings accounts – Client Account Essentials
Remove the burden of your client accounting needs, from tenant receipts through to landlord, contractor and agency payments.
As letting agency specialists, we’ll manage all of your accounts daily with accuracy and reliability, right down to the last penny.
Along with being allocated a dedicated lettings account manager, we use accountancy software which will provide you with full visibility of your data and reports. This allows us to automate manual tasks and identify potential problems before they happen, streamlining processes to give us more time to focus on the things that really matter to your business.
It also means we can be incredibly flexible in our approach, giving you accurate information at any time, and adapting our services as your business grows and as the market around it changes.
Essential Services
- Processing and allocating monies received
- Production of detailed daily receipts and payments schedule
- Payment of deposits to designated scheme and routine reconciliation of deposits held
- Daily payments to landlords, contractors, tenants and agency
- Reconcile bank accounts
- Generating landlord statements and remittance advice notices
- Itemised fees and commissions reports and statements
- Non-resident landlords tax deduction calculations, reports and HMRC payment
- Arrears reports
- Accountants report for Propertymark, NALS and UKALA
Extra Services
- Client money reconciliation and compliance
- Protected deposits checks
- Data and balance transfers for acquisitions and software updates