We've expanded our offering to enable corporate lets to be processed through our platform.
Agents who process both residential and corporate tenancies can now do so through the same platform, minimising admin and maximising efficiencies. Residential letting agents looking to expand their portfolios now have the digital infrastructure needed to cater to the corporate lets market.
Referencing for corporate lets can also now be processed through the Goodlord platform. We've created a bespoke referencing process utilising our existing referencing framework, where we process thousands of tenancies per week, and specifically tailored it to suit the needs of corporate clients. This includes verifying company details and assessing affordability.
As with all Goodlord products, corporate tenancies and references will be processed online, enabling geographically diverse companies and tenants to execute the process easily. The service will also ensure full compliance with relevant legislation and makes sure all necessary information, such as Energy Performance Certificates and Gas Safety Certificates, is gathered. You can also add Rent Protection Insurance to any Corporate Let tenancy.
Given the nature of this market segment, corporate let properties tend to involve higher value rental properties. Corporate lets are also exempt from the recent Tenant Fee Ban legislation.
Tom Mundy, COO at Goodlord, comments:
“More agents than ever are looking to diversify their market offering. We’re therefore delighted to add corporate lets to the growing suite of Goodlord services. For those already offering corporate lets, it means streamlining operations and processing all tenancies and referencing through one platform.
“And for those considering expanding their portfolios to cater to the corporate market, we hope Goodlord can offer them the digital tools they need to make that happen. In a post-tenant fee world, we’re seeing an increasing number of agents diversifying their income streams and client base in this way and we are constantly looking to improve our suite of products to service this evolution.”
Oh Goodlord Limited is an Appointed Representative of Goodlord Protect Limited for general insurance products and credit broking. Goodlord Protect Limited is directly authorised by the Financial Conduct Authority, registration number 836727. You can check this information on the Financial Services Register by visiting www.fca.org.uk/register or by telephoning 0800 111 6768 (Freephone) or 0300 500 8082 from the UK. The FCA is the independent watchdog that regulates financial services.