The Landlord Works, developed by Nationwide Building Society, has collaborated with Open Data and Payments platform Moneyhub to develop a ground-breaking Open Data tool for landlords.
The Landlord Works required a rapid, cost-effective solution to allow landlord audiences to integrate and manage all financial affairs for their rental portfolios from one single location all in real-time.
The solution, created with Moneyhub, is a one-stop-shop for landlords. Through Moneyhub, The Landlord Works gives landlords the ability to integrate their finances, allowing them to categorise their incomes and expenditure in a single view, allocate transactions to their individual properties, and to understand their individual and gross yields across their whole portfolio.
In addition to this, Moneyhub also provides The Landlord Works with categorisation information in the format required for self-assessment tax returns.
The Landlord Works is available to all UK landlords, with or without mortgage and regardless of their mortgage provider. Feedback and insight gathered from users highlighted the ease of use for landlords.
Dan Scholey, CCO, said: “We are delighted and proud to once again be working with Nationwide, and it is testament to the collaborative nature of both teams and our past successes that we were able to work with The Landlord Works to further improve landlords' financial worlds.
“Our passion for ensuring we are continuously looking for ways to take the stress out of money management and improve a users’ understanding of their complete financial worlds, alongside a deep knowledge of their needs was central to successfully delivering these new ground-breaking features to the platform.”
Paul Wootton, Director of The Landlord Works, said: “Collaborating with Moneyhub allowed us to quickly bring to market technology that has been designed to improve efficiency and keep things simple for landlords.”
Moneyhub Contacts
Ingrid Anusic
Marketing Director, Moneyhub
ingrid.anusic@moneyhub.com
M: +44 783 722 6553
About Moneyhub
Moneyhub is a global ISO 27001 certified software developer of Open Banking, Open Finance, and Open Data applications. Its FCA-regulated Open Data platform enables companies to quickly and easily transform data into personalised digital experiences and initiate payments. Its APIs and fully customisable platform provide data aggregation, insights, notification nudges, and payment systems. As a result, clients have the consent-driven data and analytics they need to create super-personalised offers, products, and services. Hundreds of organisations, spanning finance to media and retail, rely on Moneyhub’s award-winning technology.
For more details, please visit www.moneyhub.com
About Nationwide
Nationwide is the world's largest building society. It is owned by its 16 million members and exists to serve their needs. The Society is one of the UK’s largest providers for mortgages, savings and current accounts, as well as being a major provider of ISAs, credit cards, personal loans, insurance and investments.
As a mutual organisation, Nationwide Building Society uses its unique position to help rebuild society by making a positive difference to the lives of its members and the communities in which they live. It is why Nationwide still values a branch network, supports communities through charitable grants, and places a premium on helping people thrive financially – whether helping them into a home of their own or giving them the financial support they need.Taking a stand and making a difference is what sets Nationwide apart. None of which would be possible without the dedicated service of its 18,000 employees.