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Description
LettsPay operates under the Hanley Payments group, renowned for its expertise in payment solutions. This innovative client accounting software represents the forefront of rental income collection and management. By leveraging cutting-edge banking technologies, we empower Letting Agents to efficiently collect rent while also analyzing payment data. Each landlord benefits from a unique digital bank account that includes a specific sort-code and account number tailored just for them. At LettsPay, we prioritize the security of landlord funds by keeping them safeguarded at the Bank of England, a level of safety that traditional High Street Banks cannot provide. Our platform streamlines processes, saves valuable time and resources, and guarantees compliance with Anti-Money Laundering directives, Client Funds protection, and Financial Conduct Authority regulations. With LettsPay, landlords can rest assured that their finances are managed with the utmost care and accountability.
Description
Nexus serves as a digital platform designed for Making Tax Digital (MTD) accounting and reporting, specifically tailored for letting agents in the UK and their landlord clients. This innovative portal integrates seamlessly with various agent platforms such as Reapit, PayProp, SME Professional, LettsPay, and Alto, consolidating vital property, ownership, rental income, and expense information into a landlord's account. Landlords are able to examine transactions, modify allowable expenses, input pertinent income or expenses, and prepare as well as submit their quarterly MTD updates, along with the annual final declaration to HMRC. Furthermore, they have the option to invite an accountant to either review their records or submit documents on their behalf. Letting agents present Nexus through a supported platform, while landlords can activate their accounts using an invitation or a signup link provided by the agency. Notably, Nexus operates as a distinct product within Landlord Studio aimed at landlords collaborating with participating letting agents, rather than functioning as a standalone service for direct sign-ups. This unique approach enables agents to enhance their MTD workflow by utilizing data already held within their systems, ultimately streamlining the accounting process for landlords. Thus, Nexus represents a significant advancement in simplifying tax management for both letting agents and landlords alike.
API Access
Has API
No
API Access
Has API
No
Integrations
Alto
No
LettsPay
No
Nexus by Landlord Studio
Yes
PayProp
No
Reapit AgencyCloud
No
Integrations
Alto
Yes
LettsPay
Yes
Nexus by Landlord Studio
No
PayProp
Yes
Reapit AgencyCloud
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
Yes
Pricing Details
£12/month
A 14-day free trial is available to invited landlords. Subscriptions are £12/month or £120/year, plus VAT; unlimited properties. Cancel anytime.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Hanley Payments
Founded
2018
Country
United Kingdom
Website
www.lettspay.co.uk
Vendor Details
Company Name
Landlord Studio
Founded
2016
Country
United Kingdom
Website
www.landlordstudio.com/uk/nexus
Product Features
Real Estate Accounting
Accounts Payable
No
Accounts Receivable
No
Bank Reconciliation
No
Commission Management
No
Contract Management
No
General Ledger
No
Mobile Access
No
Payroll
No
Property Development Management
No
Reporting / Analytics
No
Work Order Management
No
