Do you have any clients who would benefit from using Hammock?

Are you currently assisting clients who are landlords, whether as sole traders or within a limited company, and who utilise Xero for property management? Or perhaps they rely on Excel documents or physical records for us to compile their compliance records?

If either scenario applies to your client base, they could greatly benefit from Hammock’s services.

Who is Hammock?

Hammock is an accounting software for landlords. Landlords can stay on top of their rental income and expenses with Hammock’s automated bookkeeping, property tax statements and investment insights.

What are the benefits of Hammock for my client?

• Track all income and expenses for your rental properties in real time.
• Never miss a payment or deductible expense with instant notifications.
• Save invoices and receipts as you receive them.
• 24/7 portfolio performance.
• More accurate financial data.
• Prepare your property taxes in 30 minutes.
• Keep an eye on your tax forecast.
• All income, expenses and relative balance are recorded in real-time for each individual property and summarised at a portfolio level.
• Track how the valuations of your properties evolve over time and keep them in perspective with real-time LTV calculations.
• See the gross rental yield for each property based on either its purchase price or current valuation and expected rental income.
• Keep track of all payments for any tenancy with a real-time running balance together with the history and breakdown of each transaction.
• Identify any properties with prolonged void periods, or any with tenancies expiring soon.
• Integration with 50+ UK bank and credit card feeds.

Who do Hammock support?

• Hammock support ownership structures with joint private owners as well as multiple shareholders in limited companies.

What is the price of Hammock for my client?

• 1-3 Properties – £5.99 + VAT per month
• 4-10 Properites – £11.99 + VAT per month
• 11-20 Properties – £19.99 + VAT per month
• 21 Properties – £27.30 + VAT per month
• 22+ – £1.30 + VAT per property.
• Limited Company Bolt On – £10 + VAT per month.

Here are some videos on Hammock, which I will hope you find useful:

• Practise solution for accountants: The New Hammock Practice Solution
• The software for landlords: Hammock, the platform for landlords, trusted by accountants
• Limited company bolt on: Hammock – Ltd Co Add-on Package

If you do have any questions, or clients in mind who would be a good fit for Hammock, please reach out to me!

Thank you,
Emma