Hammock
Subscription-based accounting platform for landlords
Introduction
Hammock is the accounting platform for landlords. It was created by Manoj Varsani MBE, a former CTO and landlord, to help his fellow landlords leave the spreadsheets behind and maximise their profit.
Giving you real-time updates on your rental income and expenses, Hammock supports landlords in the key areas of property finance management:
| Bookkeeping | Your payments are automatically reconciled in real-time. Keep a running balance of any arrears per tenant. |
| Tax | Keep an eye on the forecast of your property tax statement and avoid surprise tax bills. |
| Financial Performance | View profit and loss per property, as well as yields, occupancy rates, and all key metrics. |
| Compliance | Store documents and set reminders for their expiry (gas certificates, insurance policies etc). |
Managing all tenancies, you can add everything from standard AST’s and HMO’s, through to furnished holiday lets.
Hammock caters for all ownership structures as well: personal, joint ownership, partnerships and limited companies.
The platform can be accessed easily from your computer, tablet and phone. There is also a mobile app, available for both iOS and Android, to monitor and manage your payments on the go. There is no software installation required and it takes just a few minutes to get started.
Making Tax Digital (MTD) will soon become a reality for landlords. Its requirement for quarterly reporting will turn the annual rush to tax filing into an ongoing race against time. Hammock will help you keep your records fully digital and up-to-date with all your transactions. You can also invite your accountant to access records of your transactions and receipts, and to exchange notes with you on specific items.
Hold Your Horses!
Some information on this page is just for members – it might include pricing, contact information and other sensitive details that we need to keep to ourselves.
Please log in or sign up as an LNPG member to continue.
Buying Instructions
Start a Hammock subscription and add a payment method (you will not be charged until the end of your free trial).
Then email your LNPG number to hello@usehammock.com and request to apply your discount.
To book a call with a member of Hammock’s Specialist Team, click here.
An Intro to Hammock
If you want to get a feel of the Hammock platform before you take the plunge, Hammock hold a weekly Getting Started webinar every Friday at 10:30am.
Giving you a live whistle stop tour of the platform, the webinar goes through all the core features of Hammock and allows you to ask any questions to a Hammock expert.
To register click here.
Products
The Hammock platform subscription includes access to all services (Bookkeeping Tax, Financial Performance, and Compliance) and features listed on this page: usehammock.com/lnpg
Prices
- Start a Hammock subscription and add a payment method (you will not be charged until the end of your free trial).
- Email your LNPG number to hello@usehammock.com and request to apply your discount.
Hammock’s prices work as a monthly subscription based on the number of properties managed. You can cancel any time and your subscription will end at the end of the billing period.
LNPG members get 50% off Hammock’s standard pricing:
| Properties | Price |
|---|---|
| 1-3 Properties | Basic Plan £5.99 plus VAT per Month |
| 4-10 Properties | Standard Plan £11.99 plus VAT per Month |
| 11-20 Properties | Plus Plan £19.99 plus VAT per Month |
| 21+ Properties | Beyond Plan starting at £27.30 plus VAT per Month for 21 properties* |
*Fees increase with each additional property. Find out the fees for your precise property count here.
Webinar Library New Feature
Fancy catching up on what Hammock is up to? Well you’re in luck.
The videos below are edited clips from our Lock-In series, where we sit down with the people behind the scenes and discuss hot topics and upcoming updates.
If you want to view our library of past episodes with all our partners, click here.