"mydeposits’ strategic partnership with No Letting Go is the natural next step, after a long working relationship based on a shared commitment to providing protection and peace of mind for landlords, agents and tenants throughout the lifecycle of a tenancy"
- Eddie Hooker - mydeposits
Property inventory management reporting services, No Letting Go, and mydeposits, which is powered by Total Property, are excited to announce a strategic partnership.
This is the first stage in a collaboration which will see the future integration of No Letting Go’s inventory management services and advanced reporting software, Kaptur, with mydeposits’ deposit protection and early resolution service.
During the first phase, the collaboration will provide best practice and guidance to the industry before increasing protection for mydeposits members through combining reports and evidence into one system.
The partnership aims to provide a comprehensive audit trail of evidence to facilitate end-of-tenancy negotiations for letting agents, landlords and tenants, increase efficiency, reduce disputes, and guaranteeing compliance with regulatory standards.
Benefits will include:
- Streamlined operations: A unified, integrated approach to managing inventories and deposits, reducing administrative workload and improving efficiency
- Reduced disputes: Fewer disputes due to accurate, detailed, and defensible inventory reports
- Enhanced compliance: Better adherence to regulatory standards and reduced risk of non-compliance
- Scalable solutions: Flexible services that can expand or contract based on demand without significant overhead costs
- Improved customer satisfaction: Better service delivery, leading to higher satisfaction among landlords, letting agents, and tenants
Eddie Hooker, (pictured) founder and CEO of mydeposits, said: “mydeposits’ strategic partnership with No Letting Go is the natural next step, after a long working relationship based on a shared commitment to providing protection and peace of mind for landlords, agents and tenants throughout the lifecycle of a tenancy.
"This collaboration, which comes hot on the heels of the launch of our innovative new Total Property platform for custodial members, will eventually provide mydeposits members with an exclusive opportunity to access state-of-the-art technology and a nationwide network of trained professionals to create accurate and fully compliant property reporting, wherever they are and whenever they need it.
"We have enormous confidence in the positive impact it will have on improving compliance and customer retention, reducing costs, facilitating negotiation, and streamlining end-of-tenancy turnaround.”
Nick Lyons, co-founder and CEO of No Letting Go said: “No Letting Go and mydeposits have already worked together for more than 15 years and delivered over one million reports, so we are excited about the additional protection and operational efficiency this collaboration will ultimately bring to our customers.
"At No Letting Go, we understand that many property professionals prefer having the autonomy to handle their inventory management and other property inspections in-house. That's why we've partnered with Kaptur software to offer a flexible, scalable solution, to make sure our customers have the best of both worlds: professional, qualified inventory clerks on demand, without any additional overhead costs, with the capability of completing any report in-house if you need to. Flexible reporting, exactly when you need it.
"Leveraging No Letting Go’s extensive professional network of over 400 on-demand inventory clerks, alongside Kaptur’s advanced reporting software, mydeposits customers will be directed to accurate, detailed, and defensible inventory reports, protecting all parties from end-of-tenancy disputes and guaranteeing compliance with all fire safety requirements, ensuring a smoother end of tenancy processes.”
