Supporting The Letting Partnership and their new DepositAudit service

mydeposits have partnered with the Letting Partnership to introduce DepositAudit, a revolutionary new service for letting agents.

DepositAudit—a game-changing service designed to help letting agents keep tenant deposit records in perfect alignment, ensuring compliance and avoiding potential fines.

With DepositAudit, agents can now easily identify discrepancies between internal records and mydeposits data, safeguarding compliance and uncovering unnecessary costs from paying premiums for ‘ghost tenancies’ left open in deposit schemes. Developed in response to agents’ stress over deposit scheme accuracy, this pioneering service offers a streamlined solution, eliminating the need for agents to reconcile deposit records line by line—a process that can take days even for the smallest of portfolios.

“When agents come to us for client accounting, we begin by reconciling their protected deposits and in around 95% of cases we find mismatches. DepositAudit was born from our commitment to help agents reduce compliance risks and in the vast majority of cases save money.”

– Jennifer Markham, Founder of The Letting Partnership

 

“Having worked with The Letting Partnership closely with agents’ client money HealthChecks, we are delighted to support the launch of their DepositAudit service. Having the correct deposit protection information registered is more important than ever, and we would recommend all agents to regularly audit their data.”

-Tim Frome, Head of Government Schemes (mydeposits)

Building on a legacy of award-winning services—including twice-winning The Negotiator award for outsourced client accounting and receiving The Queen’s Award for Enterprise: Innovation for their HealthCheck—The Letting Partnership continues to deliver forward-thinking solutions tailored to the lettings industry’s needs.

To celebrate the launch, The Letting Partnership is offering a 10% ‘Early Bird’ discount to agents completing the DepositAudit before 31st December 2024.

For more information please call The Letting Partnership on 01903 957019 or visit their website.