Goodlord has revealed a raft of new products and partnerships. These latest offerings are designed to prepare agents and landlords for the wide-ranging changes set to be ushered in by the Renters’ Rights Bill.
According to the recently released Goodlord & Vouch State of the Lettings Industry report, almost half of landlords (47%) have sold properties over the last year or are planning to do so over the next year. And 56% of landlords said that incoming legislation, including the Renters’ Rights Bill, would be the reason they leave the market in the next 12 months.
To help agents support their customers, unlock new revenue streams, and ensure landlords aren’t grappling with additional admin and compliance headaches, Goodlord has unveiled its latest platform upgrade, The Aspen Edition.
The latest upgrades were announced in a new webinar led by the lettings technology platform’s CEO William Reeve. They include integrations with providers including Street.co.uk and product releases around rent reviews, Rent Protection Insurance, ID Verification, and inventory management.
Goodlord is also boosting the size of its compliance and engineering teams to ensure their products stay one step ahead of any legislative changes.
Goodlord says The Aspen Edition will include an integration with property management platform Street; Rent review tools; rent protection insurance; inventory management; and IDVT – a new ID Upgrade package that enables agents to perform remote Right to Rent checks in the UK.
According to the State of the Lettings Industry report, just under a third (29%) of landlords cited compliance as the main advantage of using a letting agent, up from 17% in 2023.
William Reeve, CEO of Goodlord, said: “In a market that’s constantly moving, against a backdrop of regulations that are forever changing, services for landlords and agents can’t rest on their laurels. That’s why we’re 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. At Goodlord, our role is to guide the industry through this intense period of change and ensure it comes out the other side unscathed.”