Hammock
Subscription-based property finance management platform
Introduction
Hammock is the property finance platform for landlords. It was created by Manoj Varsani MBE, a technology expert and a landlord, to help his fellow landlords leave the spreadsheets behind and maximize their profit. Hammock supports landlords in the key areas of property finance management:
| Banking | Connect unlimited bank accounts securely. Automatically track rent payments. Get notifications for any late or missing payments. |
| 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). |
Hammock allows you to manage individual properties as well as properties grouped in portfolios and it caters to private landlords as well as limited companies. There is no software installation required and it takes just a few minutes to get started. Hammock can be accessed easily from your computer, tablet and phone. There are also mobile apps for both iOS and Android available, to monitor and manage your payments on the go.
You will also have the option of getting a Hammock card for your expenses.
Making Tax Digital 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, 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
To book a call with a member of Hammock’s Specialist Team, please visit: usehammock.com/lnpg
Products
The Hammock platform subscription includes access to all services (Banking, Bookkeeping Tax, Financial Performance, and Compliance) and features listed on this page: usehammock.com/lnpg
Prices
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.