A new partnership the Tenancy Deposit Scheme (TDS) and Rentman offers agents a streamlined approach to deposit protection.

Rentman’s extensive property management system, which is designed to provide letting agents with all the tools needed to run their business efficiently in one place, can now also automate deposit protection and tracking for its users.

The integration with the TDS API eliminates manual duplication, saving valuable time and reducing the risk of errors.

Nigel Gomm from Rentman commented: “There’s an increasing requirement for frictionless workflows, and having Rentman upload data it already has just makes so much sense. This integration with TDS allows us to streamline the entire deposit management process, reducing manual tasks and making it easier for our users to stay compliant while improving efficiency.”

Debbie Davies, TDS Head of Sales and Client Success, added: “We’re thrilled to be working with Rentman on this integration, which represents another step forward in simplifying deposit protection for agents.

“Rentman’s platform is a game-changer for letting agents, and by integrating with the TDS API, we are able to provide Rentman users with a seamless, automated way to handle tenancy deposits, reducing manual input, minimising errors, and ensuring legal compliance.

“By automating key deposit protection tasks, Rentman and TDS are helping agents save time, improve accuracy, and focus on what matters most: growing their businesses and delivering exceptional service.”

Additional compliance easing

Rentman has also joined forced with Vorensys to ease compliance of new reporting rules coming in May concerning ID, sanctions, anti-money laundering (AML), and source of funds checks.

Vorensys will integrate directly into Rentman’s platform, enabling estate and letting Agents to perform stringent AML and sanction checks without leaving Rentman.

Nigel added: “Easy execution is key to compliance. We understand the high stakes to our customers, and it is incumbent on us to make compliance straight forward and comprehensive.”

All enquiries to [email protected].