LRG selects Nexus by Landlord Studio

LRG has partnered with Nexus by Landlord Studio to provide landlords across its 73,000-property managed portfolio with a dedicated Making Tax Digital (MTD) solution as HMRC’s new reporting requirements come into force.

The agreement will see Nexus rolled out across LRG’s nationwide lettings network, including Romans, Leaders, Stirling Ackroyd, Gibbs Gillespie, Chancellors and Manning Stainton. Available from 20 July, the platform represents one of the largest single MTD deployments in the UK lettings sector.
Nexus has been designed specifically for landlords using rent collection or fully managed letting services. It integrates directly with letting agent software, bringing together rental income, management fees, expenses and property records into an MTD-compliant workflow, removing the need for landlords to manually compile records from rental statements each quarter.

The launch comes as Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is phased in, having become mandatory from 6 April 2026 for landlords earning more than £50,000 from property income. The threshold will reduce to £30,000 in April 2027 and £20,000 in April 2028, bringing significantly more landlords into the regime.

DIGITAL TAX
Logan Ransley, Managing Director of Nexus by Landlord Studio
Logan Ransley, Nexus by Landlord Studio

Logan Ransley, Managing Director of Nexus by Landlord Studio, says: “Making Tax Digital is the most significant change to how landlords manage their finances in a generation, and we have always believed the rental data landlords need already exists inside their agent’s system.

“Partnering with one of the UK’s largest property services groups is the clearest possible signal of how the next chapter of landlord software will be built – around agents rather than in spite of them. Nexus gives LRG’s landlords a compliant, automated path through MTD from day one.”

Allison Thompson, Chief Lettings Officer at LRG, added: “Our landlords need clear, practical support as Making Tax Digital becomes part of how rental income is reported.

“Nexus stood out because it has been built specifically for agent-managed portfolios. It allows landlords to meet their HMRC obligations with confidence, while our teams continue managing their properties in the same way they do today.”

The partnership reflects the growing focus across the lettings sector on helping landlords adapt to digital tax reporting requirements, with agents increasingly expected to play a key role in supporting compliance as MTD is extended to a wider range of property investors over the next two years.

Author

Top 5 This Week

Related Posts