The Deposit Protection Service (DPS) has announced a partnership with Tenant Shop to help make life easier for letting agents and save tenants money.
Tenant Shop provides agents with a notification and management software platform that aims to reduce their workload and paperwork substantially.
The system is also designed to make moving home simpler for tenants by finding them the best deals on insurance, TV and broadband, and energy, by switching them to their chosen package.
Tenant Shop also notifies local councils and utility suppliers of new and vacating tenants, preventing abandoned bills.
The DPS, the UK’s largest tenancy deposit protection scheme, is committed to keeping deposits safe over the course of a tenancy and ensuring the money goes back to the worthy party at the end.
The DPS’s Managing Director, Julian Foster, says: “We’re delighted to be working with Tenant Shop to explore ways in which we can make life for landlords and letting agents easier – as well as saving tenants money.
“Alongside protecting deposits, the DPS is keen to work with other key providers across the industry to raise standards and improve the experiences of our users.”
Glenn Seddington, the Managing Director of Tenant Shop, adds: “We are thrilled at the prospect of working with the DPS, with whom we share a common goal of providing letting agents with the tools to make their lives easier.
“By working together with the DPS, we can reach a wider audience and promote a service that is designed to improve the efficiency of our letting agent partners and which also enhances the industry image by ensuring that tenants are able to secure the most suitable, cost-effective energy, media and insurance products.”
We will continue to provide landlords, letting agents and tenants with updates on any changes to the private rental sector and property industry.