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We’ve all been there: started using a great piece of software only to find that after a few years, it just doesn’t cut the mustard anymore. Maybe your chosen software provider hasn’t kept up with the latest developments, or they’re closing their doors for good and now you need to find an alternative.
In this post, we’re going to show you six great alternatives to Go Tenant software, since we’ve heard that they’re exiting the market. Then we’ll delve into the ideal steps to take when it comes to finding new software in case none of these alternatives seem right for you.
Go Tenant Alternatives for UK Property Investors
If you’re a Go Tenant customer, you may have discovered that Go Tenant are leaving the market which leaves you in a predicament. Do you go with Go Tenant’s new owner Coho? Or is now the time to look for better options? Well don’t go anywhere, we have got a list here of UK-based property management companies who would be delighted to make your acquaintance. It would be a bit weird if we didn’t put ourselves first on the list, so here we go….
Landlord Vision
Landlord Vision is an all-in-one property management software with a focus on accounting. It handles all the finances associated with property investing but also allows you to manage your properties and tenants. It’s also just had a face lift so it uses modern technology with a fresh look and feel and is ridiculously intuitive. Built with a user experience-first approach, Landlord Vision is the go-to for serious UK investors.
Pros – Comprehensive feature-rich software that covers many elements of property management. A user-led development roadmap.
Cons – Since we’ve only just launched our new software, it means that there are some features still under development and not yet available such as a tenant portal for tenant access, however, our roadmap aims to deliver full functionality by summer 2024.
What makes Landlord Vision better than Go Tenant?
While Go Tenant was able to give landlords and property investors a great hands-on way to onboard new tenants and manage properties, it simply did not contain the level of finance management that Landlord Vision did. While it integrated with Xero it meant an extra cost on top of the software. Landlord Vision is built around an accounting engine, so you don’t need additional software. Not only that but many of the tedious financial elements of expense recording are simplified with Landlord Vision. Automated bank feeds allow you to import and reconcile transactions with just a few clicks, and our receipt scanning tool extracts data from receipts and turns them into expense items in seconds.
Who is Landlord Vision ideal for?
Landlord Vision is ideal for UK property investors who are looking to manage all aspects of their property in one place rather than having lots of apps or bolt-ons.
How do you get started with Landlord Vision?
If you want to get started you can sign up for a demonstration with an expert to find out exactly how Landlord Vision aligns with your own property business, or you can take a 14-day free trial to try it out for yourself.
Arthur Online
Arthur Online is a complex property management software for UK landlords with a focus on letting agents. It’s an all-in-one solution that is feature-rich.
Pros: Arthur has lots of integrations which makes it a flexible solution, it’s feature-rich so you can manage many different elements of your property all in one app.
Cons: Because it is aimed more at letting agents it tends to be on the pricier side. It’s also modular so you have to pay additional fees for extra features.
What makes Arthur Online better than Go Tenant?
Arthur Online have been in the industry for a long time so they have a track record of delivering great solutions for letting agents and landlords. It is a more comprehensive solution than Go Tenant so if cost is no object and you’re looking for feature-rich flexibility Arthur might be the software for you.
Who is Arthur ideal for?
Letting Agents and property investors who need a lot of complex features, it’s also good for property investors who have mixed portfolios that include commercial property.
How do you get started with Arthur Online?
Request a demo on their website to see how Arthur Online can streamline your property management processes.
Coho
Coho is a property management software that is built with HMO landlords in mind. Like Landlord Vision and Arthur Online, it boasts comprehensive features that help you to manage those four key areas: Properties, tenants, finances and compliance.
Pros: If you’re an HMO landlord you’ll find that Coho has thought of all those individual things that make HMO management difficult and they’ve mitigated for them.
Cons: If you’re not an HMO landlord then Coho can seem bloated with unnecessary features and overcomplicated. There is no free trial and signing up to them requires a 12-month minimum contract which is a lot when you’re not sure the software is right for you.
What makes Coho better than Go Tenant?
Coho contains a lot more features than Go Tenant, its applicant onboarding feature and viewing management features are easy to use, intuitive and just handle better than Go Tenant.
Who is Coho ideal for?
Coho is without a doubt ideal for HMO landlords and those who need to manage a high tenant turnover.
How do you get started with Coho?
They have a live demo on their website so that you can see the software in action. You will have to part with some details (which will likely be shared with their sales team) to access this. Or you can sign up for an account on their website, just note the 12-month minimum term.
Goodlord
Goodlord positions itself as an all-in-one platform for handling the full lettings process and in that way, it’s a much closer competitor to Go Tenant. Just like Landlord Vision, it can generate legal documents in the software, and you can use it to collect rent. Goodlord’s unique features are centred around collecting broadband and energy deals in the software that you can offer to tenants to boost income and it has a built-in insurance comparison engine.
Pros: It is a simple-to-use streamlined software that is focused heavily on the lettings process, so if you have a high tenant turnover, then Goodlord is a great solution
Cons: It is not as fully featured as some other options on the list, most notably it is lacking in financial features such as accounting, reconciliation and expense management. It also has higher pricing compared to some alternatives. There’s no pricing on the website.
What makes Goodlord better than Go Tenant?
Goodlord can do a lot of what Go Tenant can do, but it has extra features that make it just that little bit more comprehensive. The ability to make extra revenue from offering deals to tenants is unique in the marketplace and their webinars and courses are incredibly useful from a personal development perspective.
Who is Goodlord ideal for?
Ideal for landlords and property investors who have a high tenant turnover and will make a lot of use of the lettings process features. Also good for landlords who want to make additional revenue by offering services to their tenants.
How to get started with Goodlord?
Schedule a demo through their website or use their contact details to get in touch.
Re-Leased
Re-Leased is a cloud-based property management software tailored for UK commercial landlords and property managers. On the face of it Re-Leased helps property investors to manage those four key areas: tenants, finances, properties and compliance.
Pros: It is a simple-to-use solution and it’s geared up for commercial landlords and anyone managing REITS or offices.
Cons: Re-Leased does not have an integrated accounting engine, if you want to manage accounting you need to purchase a subscription with one of the accounting software providers that Re-Leased integrates with, for instance, Xero or Quickbooks, which adds to the cost of this solution overall making it quite expensive.
What makes Re-Leased better than Go Tenant?
Re-Leased is geared towards commercial lets, that’s not to say that property investors won’t benefit from the platform too. Where Re-Leased outshines GoTenant is in the tenant communication side of things. GoTenant is built with tenants in mind, but Re-Leased takes that tenant-centric approach and makes it easier for tenants to get in touch and for landlords and tenants to communicate.
Who is Re-Leased ideal for?
Re-Leased was built with commercial landlords in mind so if you have commercial properties, you’ll find Re-Leased has features that are built for you.
How to get started with Re-Leased
You can either request a demo through their website or you can request their pricing via their sales team.
Rentila
Rentila is a property management software which tends to suit new investors or those who are new to using software. Everything about it is simple making it an excellent gateway into the world of property management software.
Pros: If you’ve never used software before Rentila helps you understand the benefits of certain features and it’s easy to use out of the box with an attractive price point.
Cons: If you have more complicated needs and you need better accounting features and the ability to manage letting agents or complicated deposit deductions or to be able to lock accounting periods or anything a little less run of the mill this software may not be for you. If you’re planning to scale your property business, you will almost certainly outgrow Rentila.
What makes Rentila better than Go Tenant?
Rentila is more comprehensive than Go Tenant and it’s easier to get up and running with it. The price is also attractive, especially for smaller landlords or those with single lets.
Who is Rentila ideal for?
Rentila is ideal for small landlords or those just getting started with software.
How to get started with Rentila
Sign up on their website for the plan that best suits your needs.
How to Research Alternatives for Property Management Software
Choosing the right property management software is important if you want to run a successful and efficient property business. So, it stands to reason that any software you settle on to help you do that must be thoroughly researched. Here are some steps to help guide you through that research process:
1. Identify what features you need to help you manage your properties:
Before diving into research, clearly define your specific needs, objectives, and priorities. Decide what the key features and functions you can’t live without in a property management software, such as the ability to scan in receipts for your expenses, robust accounting facilities, reporting capabilities or the ability to track certificates and licences.
2. Seek recommendations from landlords and letting agents:
Ask other landlords, property managers, accountants or letting agents for recommendations. The chances are they will have had first had experience with different software providers or management solutions and they’ll be able to make some suggestions based on what they use to manage their own properties. They might not have all the answers, but they can give guidance and help to narrow down your options.
3. Research property management solutions online:
There are lots of online tools to help you find new property management software. You can use search engines, review websites and landlord forums to research and compare different solutions. Pay special attention to reviews from others who have used the software, look for case studies or testimonials which can help you get an understanding of how easy the software is to use and how much help the software company provides if things go wrong or you get stuck.
4. Explore property management company websites:
Once you’ve narrowed down your options, take a thorough look at the websites of the software providers you’re considering using. Here you’re looking for product features, pricing plans, support options and any potential integrations that are offered. This is where you make sure the software can do what you want it to do. It’s also wise to take a look at terms and conditions to make sure that you’re aware, up front, of any potential hidden costs.
5. Request demos and free trials:
As you start to narrow down your options even further, you can request a demo if the provider offers it or you can take a free trial. This helps you to see the software in action and to get a feel for the product. During a demo, you can ask to be shown the specific features that are most important to you. Clicking around the software on your own during a trial is also an excellent way to get a feel for how the software works.
6. Evaluate customer support:
Getting started with a new software can be tricky. Property management software generally covers a lot of different areas so it’s easy to get lost in the menus or to not understand specific nuances or workflows. Before opting for a new software, ensure that the provider offers good support and that you can access it quickly when you need it.
7. Review pricing and value:
Not all pricing plans are created equal. Some subscription models might be modular meaning that you need to pay for multiple add ons once you’re in the software. So when it comes to deciding on your final property management software provider consider not only the upfront costs but also the long-term value, ROI potential, and any hidden fees or limitations associated with each option. The cheapest option isn’t always the best option.
8. Trust your instincts:
While you can do the most in depth research possible, it’s also important to trust your instincts and intuition. As well as having all the features you need, a software should align with your values, business philosophy and long-term objectives. If you’re looking for something simple and quick to use, a fully featured software that costs a lot of money might not be for you, but if you intend to grow and scale your business it’s probably worth getting used to the more feature rich kinds of software that will help you do that right from the outset.
By following these steps and investing time in thorough research, you can confidently evaluate and select the best property management software solution for your unique needs and requirements.
In conclusion, UK landlords have a variety of alternatives to Go Tenant software, each tailored to the specific needs and regulations of the UK property market. Whether you’re looking for comprehensive property management software or specialized solutions for accounting, maintenance, or tenant referencing, these six alternatives offer options to streamline your property management processes and maximize your investment returns. Explore their features, request demos, and find the perfect solution for your UK property portfolio today!
