Why on-site audits are important?
Buying a letting portfolio without carrying out a comprehensive evaluation of the business could end up costing you more than just the price you pay!
If you’re buying a business and want to ensure that everything is in order or if it’s the comfort of knowing that you comply with legislation and your client money is ‘all present and correct’ our On-site Audit is for you.
Audits are tailored to your specific requirements but will always consist of an onsite visit and a written report on findings.
During the on-site audit our auditors will examine legal and brand specific documents currently being used, review record keeping and adherence to statutory legislation and carry out in depth inspections on a random sample of tenancy files.
Following the on-site visit we will prepare and send to you an Audit Report. The report includes client money reconciliations, validity of documents, compliance with statutory regulation and ‘best practice’ guidelines, findings from file inspections, recommendations for any remedial action and an overall assessment of the business practices and procedures.
Sections covered and included in the Audit Report:
- Software interrogation
- Examination of files
- Compliance with statutory legislation
- Tenancy documentation
- Tenant deposit records
- Client money handling
- Client account reconciliation
- Commercial risks & threats
- Operational Processes, procedures
KNOWLEDGE IS POWER
be sure that the business you’re buying is the business you want
To arrange an audit or get a quote please contact us.
Would confidently recommend
I have been working with The Lettings Partnership, as my client accountants, since I took over the Martin & Co Staines upon Thames franchise around 12 months ago. All the team at The Lettings Partnership are always on hand to help and they resolve any issues in an effective, timely manner. Everyone I have dealt with so far have been very personable. Alex Paine and Jake Collins always go over and above to help with any of my queries. Knowing that my client accounting is in safe and capable hands, has allowed me more time to focus on other parts of my business. I would confidently recommend The Lettings Partnership for all your client accounting needs!
I have used The Letting Partnership for just over 3 years now and during this time they have been incredibly professional and first class in all of our dealings. I would strongly recommend their services.
What a fantastic company The Letting Partnership is! From beginning to end, their knowledge is first class, giving you the confidence to know that whatever you come up against there is always someone there to help and guide you. I simply wouldn’t have the business I have without them and cannot recommend them highly enough. If there were 6 star rating they would get it!
Continually, high level of service.
We have been working with The Letting Partnership for over 6 years now and the level of service is still as high now as it was at the very beginning. The referencing service is efficient and quick, when required.
Great service from all department teams, prompt replies to any queries, great legal help and advice when needed, excellent money handling systems and tenant referencing. Can’t speak of The Letting Partnership any higher and would recommend them to any Letting Agent for back office systems. They make our job much easier to do.
Professional and Efficient
The Letting Partnership deal with all our Deposits and Client accounting and I find them to be helpful at all times. I speak with with the accounts team on a regular basis and they are always quick to respond to any queries I might have and are professional and efficient. Gill and Rosie in Services also deserve a mention as being a pleasure to speak and deal with.
Challenges handled with professionalism
The Letting Partnership has been excellent throughout. We gave them a mammoth task that was fraught with challenges which they handled with professionalism and logic. Both Chris Mason and Matt Kemp-Smith were endlessly patient and helpful in helping us with our client accounts.
Covid19 – Feedback
Just wanted to say thank you to you and all of your team for the coverage offered over this difficult period so far. Everyone I have dealt with from accounts to services etc have been exceptional and exemplary. From our point of view it has been seamless and I have not noticed any drop in service whatsoever. I thank you and all your staff for this as I am acutely aware that it is a difficult thing to achieve under these circumstances.
Excellent service from the team at TLP
Having recently purchased a lettings business they (TLP) have been fantastic at looking after our client account whilst we are settling in. Initially dealing with John then more recently with Jake and Alex, they have provided a clear and fuss free service. Would highly recommend this professional and very friendly team should you be in the same position as us as newbies or if you’re feeling dissatisfied with your current provider and looking to change. Thanks TLP
A joy to work with
We are a letting agent in Leeds and The Letting Partnership run our client accounting. Alex Paine is our Client Accounts Administrator and is an absolute joy to work with. Always happy to help and very knowledgeable on the systems we use. Its very comforting to know that we have someone at the end of the phone or on email that can help us not only process our accounts but quickly sort out queries and identify areas of improvement for our business. Thank you Alex, you are a credit to the team!
We have been working with Mannie and the team at The Letting Partnership for 18 months. They provide a fantastic service. Very knowledgeable, professional and efficient. We would highly recommend them to any busy lettings agent.
Excellent personal service, cannot recommend enough!
The Letting Partnership team have been looking after us for a few years and take care of all of our client accounting. They have excellent knowledge of the lettings industry and consistently provide us with sound guidance with client monies and ensuring our clients are totally safeguarded. They keep us up to date with the regular changes and keep us informed with what we need to know to keep our clients and our business protected. If we ever have any queries they are always explained in detail and answered quickly, there's never a trouble getting hold of the person you need to speak to. We are extremely happy with the service and cannot recommend enough.
First Rate Service
We receive a consistently high level of friendly and professional service from all the team at the Lettings Partnership. Highly recommend.