tlyfe is gaining traction not just with tens of thousands of tenants, but with hundreds of letting agents too
tlyfe is gaining traction not just with tens of thousands of tenants, but with hundreds of letting agents too. It is built by a team of individuals who have an enormous amount of experience in the PRS operations, so it has a very sticky UX core that really addresses the needs of tenants and landlords and lettings agents. And with the new Renters Rights Act likely to become law by summer 2025, it will be even more important for tenants to show prospective landlords they are the best people to be living in their property asset. As competition for rental property is likely to see an upward spike.
What tlyfe does, is it removes the need to sift out the most suitable tenants for lettings agents, who typically need to reference and verify the fiscal background of renters. All of this data is stored on the tlyfe app. Better still tenants looking to rent can get to the front of the queue for booking a viewing by having the app.
The lettings marketplace is difficult to navigate and often opaque for all of the stakeholders, tenants need somewhere to live, landlords want to rent out their property to the very best candidates, and the letting agencies are often in the middle managing the process of introduction and then letting of a property.
With more and more people using apps to run their busy lives, and with a tech savvy generation tlyfe bridges the gap of giving speed and security to the process. And it gives tenants a heightened overview of things because they can check their credit worthiness, build up their credit history and even secure their deposit via The Tenant Deposit Scheme (TDS).
The TDS is not just a bolt on service, tlyfe and the TDS are deeply partnered, so tlyfe’s DNA has the backing of a hugely respected service in the letting industry. A win for all. It also means tenants can use the app to deal with their deposit without needing to do processes elsewhere, keeping everything in one place.
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Andrew Stanton Founder & Editor of 'PROPTECH-X' where his insights, connections, analysis and commentary on proptech and real estate are based on writing 1.3M words annually. Plus meeting 1,000 Proptech founders, critiquing 400 decks and having had 130 clients as CEO of 'PROPTECH-PR', a consultancy for Proptech founders seeking growth and exit strategies. He also acts as an advisory for major global real estate companies on sales, acquisitions, market positioning & operations. With 200K followers & readers, he is the 'Proptech Realestate Influencer.'
- Andrew Stantonhttps://proptech-x.com/author/andrew-stanton/
- Andrew Stantonhttps://proptech-x.com/author/andrew-stanton/
- Andrew Stantonhttps://proptech-x.com/author/andrew-stanton/
- Andrew Stantonhttps://proptech-x.com/author/andrew-stanton/
