Goodlord has partnered with Octopus Energy to launch Goodlord Switch, a new energy switching and void period management product that it hopes will appeal to letting agents.
The new product from the property technology firm aims to reduce the administrative time for letting agents between tenancies by auto-switching property details and covering the void costs.
Landlords should be aware that lettings agents earn commission for each property that signs up and remains with Octopus Energy, helping - from an agent’s perspective - compensate for lost income from the tenant fee ban being introduced next year.
Michael Hollamby, general manager at Ezytrac, one of the first firms to use Goodlord Switch, commented: “We now have one less administrative task and are making additional revenue, which puts us in a good position ahead of the tenant fee ban.”
As an added bonus, tenants get an affordable, green tariff with an easy-to-use sign up process that makes moving home simple.
Goodlord's CEO William Reeve commented: “After a successful testing period this autumn with a select group of our agency customers we are excited to now offer Goodlord Switch to the entire lettings industry.
“This launch marks a significant first for Goodlord, as it's our first product in our suite of services for letting agents that can be used independently of the Goodlord platform.”