Client accounting platform LettsPay has struck a multi-year partnership with Move Lettings, giving agents access to a fully white-labelled client accounting service under the banner powered by LettsPay.
The deal means letting agents can now choose to outsource not only pre-tenancy and property management through Move Lettings but also client accounting, with the security, automation and compliance benefits of LettsPay’s platform built in.
For many independents, the cost and complexity of running a compliant property management department has become a breaking point.
LettsPay, which will process over £1.5 billion in rental payments in 2025, says the partnership offers a way to keep businesses profitable without the staffing and compliance burden that often forces agents to sell up.
RING-FENCED FUNDS
Matt Gibbard (main picture), Commercial Director at LettsPay, adds: “Unlike other outsourced models, this partnership doesn’t pool client money into a single pot.
“Each agent retains their own FCA-regulated client account, ring-fenced and in their business name.
Funds can’t be diverted, and every transaction is automated, logged, and visible in real time. It shifts the model from one based on trust in people to one built on regulatory compliance and system integrity.”
The system can also create individual accounts for every landlord or property, ensuring money is routed correctly every time and leaving a transparent trail visible to both agents and landlords.
FLEXIBLE SOLUTIONS
For agents under pressure, the flexibility is key. They can outsource the full suite – pre-tenancy, management, and accounting – or just the elements that make sense for their business. For new entrants or growing firms, it removes the heavy upfront cost of staffing, IT and premises.
Rob Howe, Business Development Manager at Move Lettings, says the partnership was designed to help agents scale without being weighed down.
And he adds: “We want to give agents the freedom to focus on winning instructions, safe in the knowledge that the compliance and accounting side is watertight.”
With regulatory demands mounting and margins under strain, powered by LettsPay could provide agents with a lifeline that keeps them in control and keeps recurring income streams intact.
