The Letting Partnership
Client accounting is an integral part of any lettings business and handing over the responsibility of it is not a... Read more
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Overview
Client accounting is an integral part of any lettings business and handing over the responsibility of it is not a decision any agent takes lightly. Why then do so many agents now trust The Letting Partnership with their client accounting?
Besides being recognised as market leaders and unparalleled when it comes to managing client accounts, we also know lettings inside out. Like you, many of us have worked in agencies so we understand and appreciate what it’s like to be sitting on your side of the desk.
From start-ups to large corporate, our expert team is trusted by letting agents to look after all their client accounting needs. We're currently handling £30m plus of rent every month allocating deposits, managing payments and processing invoices to provide a complete accounting service.
As well as being able to get you set up with a ring-fenced client account for your lettings business, we can also help you with reconciliations, financial health checks and various support services.
Problems we solve for agents
With over 20 years’ experience, TLP helps agents manage the risk, complexity, and time involved in handling client money and meeting compliance requirements. Through outsourced client accounting, independent compliance audits, and our Lettings Launch Kit, we ensure agents are set up correctly from day one and supported as regulations evolve. Our services reduce the risk of errors, provide clear oversight, and offer independent reassurance to landlords and regulators, allowing agents to operate with confidence and focus on growing their business.
Reviews
The Letting Partnership currently work with LoftyWorks, Street, Reapit, SME Professional, 10Nonety, Alto, Jupix, Veco
You pay for the size of your portfolio, a fixed fee per tenancy.
Setup / Onboarding
4- 6 weeks
Awarded in 2022:
The Negotiator Awards 2022: Gold Supplier of the Year Products & Services (Business)
Awarded in 2021:
The Queens Awards for Enterprise: Innovation 2021
Awarded in 2019:
Best Estate Agency Suppliers Guide 2020: Exceptional (Financial Services & Insurance, Tenant Referencing)
Product range
Outsourced Client Accounting:
TLP handles everything from daily reconciliations and tenant deposits to landlord payments and compliance so your accounts are accurate, transparent, and fully compliant. Focus on growing your business while we keep your client money running smoothly.
Key Features:
- Opening a ring-fenced client account (if needed)
- Full management of your client account
- Lodging of tenant deposits with regular account reconciliation
- Daily landlord and contractor payments
- Landlord statements and remittance advice notices
- Daily bank reconciliations
- Contractor payments and refunds
- Compliance with industry standards and regulations
- Monthly itemised fees & commissions reports
Lettings Launch Kit:
Starting a letting agency in the UK means ticking off a long list of compliance essentials before you can even start trading. From CMP to redress membership, client account to ICO registration, it’s a lot to handle when you’re trying to get your business off the ground.
Key Features:
- Ring-fenced Client Money bank account.
- Client money protection (CMP) – with ClientMoney Protect.
- Redress scheme membership – with the Property Redress Scheme (PRS).
- Tenancy Deposit Protection – with mydeposits Custodial.
- ICO Registration – with Information Commissioner’s Office.
- HF Assist – a dedicated lettings helpline, offering expert support and guidance.
- Client accounting – we’ll handle the rent for you: fully reconciled and fully compliant.
TLP Comply:
CMP HealthCheck:
An annual review required by most client money protection schemes to confirm that your agency handles client funds safely, accurately and in line with regulatory standards.
Deposit HealthCheck:
Deposit HealthCheck makes it simple to check your records. We compare your deposit data in your TDP scheme to spot missing or mismatched deposits, helping you to reduce costly and avoid compliance risks.
Client Money Assurance:
The CMA is a fast, independent, light-touch review of your client account activity. We analyse your transactions month-by-month and compare them against expected industry patterns to highlight anything unusual, unexpected, or high risk. It’s a smarter, more practical way to ensure your client money handling is consistent and secure.
Solutions
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Departments
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