Automated Client Accounting Engine
Banking and accounting all in one place, managed through our state-of-the-art cloud-based portal. Letting agents no longer have to manage their bank and accounting software as LettsPay automates both in a single system. No more CSV files or spreadsheets!
Flexibility and simplicity to save you time.
In the complex world of residential client accounting LettsPay is here to make your life easier.
Never pay rent to the wrong landlord.
Seamless reconciliation as the tenant pays directly into the landlord account, not a single client account.
Real-time data on tenant payments.
Pay your landlords immediately, no more waiting for BACS runs or end of the day processing. As soon as the payout is approved it goes directly to the landlord.
What LettsPay can do for you
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LettsPay provides letting agents with an reconciliation account per landlord. This allows faster reconciliation.
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Reconciliation is seamless as the tenant pays directly into the landlord account, not a single client account. LettsPay will automatically reconcile payments so that you don’t have to spend hours matching up payments.
As each landlord has their own sort code and account number, in the rare case that a payment is not automatically reconciled, there is a simple choice of only that landlord's tenants to match payments to.
No funds can be released from the system unless reconciled ensuring every penny is traced through the system and gone are the days of differing balances.
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Start taking control with our free email service, sending notifications to your tenants requesting payment of their rent by a specific date. This allows the tenant to be always informed of the rent date. Each message type can be worded exactly how you want to say it and it looks like it comes from your mailbox.
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With a simple click of a button, you can pay your landlords and contractors in bulk, saving you time.
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Enjoy Real-time data on tenant payments.
Pay your landlords immediately, no more waiting for BACS runs or end of the day processing. As soon as the payout is approved it goes directly to the landlord.
Enjoy Real-time data on tenant payments.
Pay your landlords immediately, no more waiting for BACS runs or end of the day processing. As soon as the payout is approved it goes directly to the landlord.
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As a client preference, there is the ability for LettsPay to send Landlord statements as soon as they have been paid or on a monthly basis. This statement is automatically generated and sent to the landlord.
The message and the statement are branded in your business logo and colour scheme to provide the landlord with the most professional service.
From the portal, you can generate your own statements for any date range. Your landlords can be provided with statements monthly, quarterly or whatever they require, quickly and easily with a few clicks.
Ready to start taking back control?
Why agents choose LettsPay
A revolutionising banking and client accounting platform
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Every eligible Griffin account opened through LettsPay is an FSCS protected and FCA CASS approved account. The FSCS will pay compensation up to £85,000 of eligible deposits held with Griffin.
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LettsPay is an API first platform that is built for integrating into the best in class proptech platforms.
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All of your funds in LettsPay are always held in your name. LettsPay does not have any control on your funds: the only people that can process the funds are yourselves and your bank.
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LettsPay is built on the latest cloud technology, so it can grow without impacting the usability of the system.
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Our customer support team is dedicated to ensuring that LettsPay is as easy and efficient for you to use as possible. We provide training videos which you can revisit any time and have an expert team on hand to provide training and support along the way.
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We pride ourselves on our transparent and fair pricing. We can’t be beaten on value for money and functionality.
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We know every agent works differently and LettsPay have many configurations to match the way your business works.
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Behind the scenes our expert developers are continually making improvements to ensure that we remain the best prop-tech company on the market.
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Through our partnership with Griffin, we have automated a high proportion of your daily client accounting banking processes. As soon as a tenant pays their rent, it is recorded in LettsPay.