Goodlord launches platform to handle Renters’ Rights Bill changes   – Mortgage Strategy

Goodlord has launched a platform and signed new partnerships designed to help landlords get to grips with changes the Renters’ Rights Bill will bring.

This wide-ranging legislation, currently making its way through parliament, will ban Section 21 no-fault evictions, limit rent increases to once a year and apply the Decent Homes Standard to the private rented sector for the first time.

However, the lettings technology firm says its latest platform upgrade, The Aspen Edition, allows property investors and their agents to “unlock new revenue streams, and ensure landlords aren’t grappling with additional admin and compliance headaches”.

The hub includes integrations with other providers, such as estate agency customer relationship management firm Street.co.uk, as well as product releases around rent reviews, rent protection Insurance, ID verification, and inventory management.

Its Aspen Edition platform includes:

• Street partnership — Allows the transfer of data between the two platforms, avoiding the need for data double entry
• Rent review tools — Helps agents cope with the Renters’ Rights Bill’s imminent abolition of fixed-term tenancies and the scrapping of Section 21. It also provides a guide to the Section 13 process, which will be the primary way for landlords to change rents once the measure passes
• Rent Protection Insurance — Includes a new claims dashboard providing users with greater insights and transparency over each claim
• ID verification — An upgraded package that allows agents to perform remote Right to Rent checks in the UK
• Inventory management –- Collates all tenant responses and communication around inventories in one place

Goodlord chief executive William Reeve says: “We are investing in and releasing such a wide range of updates, brokering new partnerships, and bolstering our team ahead of the Renters’ Rights Bill passing into law.

“We want to ensure agents and their landlords are prepared in advance, remain compliant throughout, and aren’t burdened with extra admin either now or in the long term.”