TDS and The Depositary announce partnership development that will deliver enhanced value to customers

TDS Group and The Depositary have announced a new partnership that aims to provide increased value and more convenience to their customers.

This collaboration builds upon their existing agreement that offers a range of benefits, including streamlined end-of-tenancy processes and improved deposit compliance.

The new agreement between TDS and The Depositary takes their collaboration to the next level. TDS customers who sign up to The Depositary from 1 April 2024 will receive a 10% discount on the time-saving end-of-tenancy software.

Kristjan Byfield, the founder of The Depositary and a well-known industry lettings guru, expressed his excitement for the partnership, stating:

"Our relationship with TDS is a special one, having had their support right from our initial concept of The Depositary back in 2016. Working together, we have developed an incredible platform which simplifies the lives of agents concluding tenancies, irrespective of their chosen TDS scheme. By working together, we have created a system that removes hours of work per tenancy, duplicated data entry and boring manual tasks. All this, while giving tenants and landlords an evidence-led approach to deductions that are concluded typically 50% faster. It’s therefore exciting to enter this latest phase of our partnership and to offer new TDS customers joining us a 10% discount on our published prices.”

The Depositary end of tenancy software automates checkouts, cleaning, and communications. Under the agreement, both TDS Insured and TDS Custodial Schemes integrate with The Depositary app with a range of new features coming in Spring 2024. The integration allows users to verify certificate codes, pre-populate deposit amounts, submit deposit reconciliations for refund processes, and create dispute files ready for upload into the TDS platform.

Debbie Davies, Head of Sales and Client Success at TDS, expresses her enthusiasm about the developments in TDS’s partnership with The Depositary:

"I'm thrilled to announce these cost-saving benefits for our customers, marking another leap forward in revolutionising the tenancy management landscape. Since 2019, our integration with The Depositary has streamlined end-of-tenancy services, eliminating time hopping between platforms and removing data duplication for our customers. As we head into Spring, The Depositary's upcoming app updates promise to reduce end-of-tenancy disputes for TDS significantly. This not only aligns with our commitment to efficiency but also delivers a faster, more accurate experience for agents, tenants and landlords.”

To learn more about the core functionality of the end-to-end platform, TDS and The Depositary are offering demo bookings. Interested parties can get in touch [here].

About TDS Group

TDS Group is the leading tenancy deposit protection and resolution service provider in the UK making life easier for tens of thousands of agents, landlords, developers, and millions of tenants and homebuyers. TDS is backed by Propertymark, Royal Institution of Chartered Surveyors (RICS) and the National Residential Landlords Association (NRLA). Through our charitable foundations we are working to improve standards in the Private Rented Sector. TDS is a not-for-profit company with offices in Hemel Hempstead, Glasgow, and Belfast.

For more information visit www.tdsgroup.uk