PropTech giant Reapit has signed an exclusive referencing partnership with HomeLet and Let Alliance.

They will provide Reapit customers with services including tenancy management, tenant referencing, rent guarantee, utilities management, tenants’ insurance and tenant services, and landlord insurance.

The suppliers claim they provide a combined proposition, significantly reducing administration for agents while creating value through revenue generation and risk mitigation.

“Reapit is looking to secure a single provider for each market segment, and securing HomeLet and Let Alliance as our referencing strategic partner is a significant milestone in our mission to provide the best for our customers all under one roof” says Neil Cobbold, commercial director at Reapit UKI.

“Letting agents and landlords are facing up to a post-Renters Rights [Bill] world, and our upcoming enhanced integration with HomeLet and Let Alliance will equip agents with the tools to spot tenancy fraud, guarantee rental income, protect property investments and more – all while generating valuable income streams for agents.”

Andy Halstead, chief executive at HomeLet and Let Alliance, adds: “It’s a tough market for our customers, every professional letting agent in the country has their eye on risk management, cost management, and growth. Our platform is free to use, provides all the functionality agents require, and through our new strategic partnership, will provide a deep integration, especially for rent guarantee claims management.”