The Deposit Protection Service and industry supplier Tenant Shop have announced they will collaborate.
They say the intention is to “make life easier for agents and save tenants money”.
Tenant Shop provides letting agents with a notification and management software platform that aims to reduce their workload and paperwork.
Its system also aims to make moving home simpler for tenants by finding them the best deals on insurance, TV and broadband packages as well as energy providers and then switching them to their preferred deal.
Tenant Shop’s system also notifies local councils and utility suppliers of new and vacating tenants, helping to prevent ‘stray’ bills.
Julian Foster, DPS managing director, said: “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.”