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Proptech lettings platform and landlord mortgage service join forces

Teclet, which announced its partnership with MAB in August, says agents can now offer landlords a mortgage and remortgage service as part of the tenancy set-up process.

Nigel Lewis


Fast-growing lettings platform Teclet has struck a deal with mortgage broking giant MAB to plug its home loans and protection advice service into the platform.

Teclet users now have access to MAB’s ninety-plus lenders and also its advice across all areas including buy-to-let, re-mortgages or income protection as they move through a lettings transaction.

If an agent does not currently have access to these services via a provider, then the Teclet platform will now give them access to the MAB service.

The partnership will initially be offered as a separate ‘bolt on’ from MAB before soon becoming a single, seamless service.

Link to Proptech NewsJohn Evans, Director at Teclet (left), says: “The Teclet platform is a game changer and is already helping all stakeholders in the lettings and management process with its unique capabilities.

“Over 40% of interactions take place outside of normal business hours and this, particularly in today’s difficult environment, is proving to be immensely valuable to all parties.

“Extending our partnership arrangements with MAB sees us facilitating mortgage and protection advice and enabling landlords and tenants to get the right products to help them maximise their investment and personal goals.”

Teclet was launched in 2016 and automates many aspects of the lettings process to reduce overheads and maximise operational efficiencies for letting agents.

In December last year it was given a significant boost when OnTheMarket has made its first direct investment in a proptech company following its purchase of a 20% share in Glanty, the company behind Teclet, for £797,000.




April 16, 2020

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