Important Announcement - 01 January 2012
Ahead of the launch of our new Letting Agent Manager and Landlords & Letting Agent Manager, our existing products have altered slightly:
• The 'Landlords Rent Manager Regular' has been discontinued and 'Landlords Rent Manager Professional' renamed to ‘Landlords Rent Manager’
• The 'Landlords Property Manager Regular' has been discontinued and 'Landlords Property Manager Professional' renamed to ‘Landlords Property Manager’.
Please note that customers on the discontinued Regular Version 8 packages will get complimentary upgrades to the new version 8 release coming soon.
Version 8.12 - 1 November 2011.
- Resolved an issue where deposit return notes were not being saving
- Corrected incorrect pound sign in e-mails sent from the Mail Merge sections
- Resolved date format issues when running LPM on a non-English Windows installation
- Resolved the bug that caused the application to crash in certain cirsumstances when closing a print preview
- Allowed the entering of future dates for expenses
Version 8.10 - 14 September 2011.
- NEW functionality added for moving properties between portfolios, along with all their related details, tenants and tenancies;
- This functionality is found under the menu: Portfolio Management ==> Move Properties to Another Portfolio
- New feature: Added a field to record a tenant's date of birth;
- Bug fix: When using forward rent filling, occasionally the Ad-hoc rent payments were not taken into account when calculating the remaining amount for the edited schedule entry
Version 8.09 - 18 July 2011.
- NEW - Automatic forward filling functionality now added. If an overpayment of rent is made by the tenant, Landlords Property Manager will now assign rents to future rent schedule entries if no arrears exist. Click the link to see a demonstration of this exciting new feature: Rent Schedule - Forward Filling
- BUG - Tenant receipts not showing when back filling is used
- FIX - Increase width of 'Create Tenancy' screen so shows meter readings
- NEW - Rent Guarantee Document included in Legal Documents Section
- NEW - Property Tasks list selection screen and report detail has been improved to give greater control of what is reported
- NEW - Payment method function included to capture details of how/where deposits are paid and returned.
Version 8.08 - 22 June 2011.
- Fixed an issue that crept in following the 8.07 update for certain tenancies. In some cases, if there are rolling tenancies that must be extended, the software will hang while trying to extend them.
Version 8.07 - 07 June 2011.
- NEW FEATURE: A new Local Housing Association(LHA) rent management feature:
- Track and manage rents separately for tenants and housing associations
- Track income, outstanding rents and bad debt arrears for LHAs
- New LHA payment report
- Improved 'rent change' feature to cater for LHA tenants
- Enhanced 'Contact Management' feature so you can specify a contact as a LHA.
- Click the link to see a video demo of the new LHA Rent Management functionality.
- Enhanced ‘Rolling Tenancies’ feature. You can now specify the number of periods you want a tenancy to automatically roll forward.
- Added room area entry for rooms, plus automated area calculation button when width and depth are available.
- Updated the hide/unhide option for expiring tenancies to work at tenancy level; it worked at property level before and would hide several tenancies at once if they were for the same property.
- Fixed a problem with the Income Tax reports where the losses in a particular instance were not partitioned when ownership was not 100%.
- Fixed issue with the summaries calculation when the "Show all payments" flag was checked for the rent schedule.
Version 8.06 - 01 April 2011.
- NEW FEATURE: Payment Method tracking for all expenses and income
- New credit/debit card and bank account management modules. You can now enter information about your cards and accounts and reference them as source or destination for each expense record.
- Payment method controls added to all sections that deal with income and expenses, allowing you to track the payment methods, payment reference codes, bank accounts used, credit/debit cards used and cheque numbers for each transaction.
- NEW REPORT: Account Analysis - generates a detailed overview of the credits and debits for each credit/debit card or bank account over a period of time. You can generate the report in relation to a specific property or over an entire portfolio.
- Added an option to print payment details for the Profit & Loss and the Cashflow Analysis reports
- Added a portfolio-based version of the Cost History report
- Fixed a problem with the Cost History report - the finance charges and mortgage costs were not being accounted for. They are now included in the report's data.
- Updated the Profit & Loss and Cashflow reports to include property deposits
- Fixed a bug with the Report Headers preferences page, where the text and logo were not being properly displayed
- Removed the amount limit on the rent ad-hoc payment dialog box to allow overpayments in ad-hoc form if necessary
- Changed the Legal and Professional costs descriptions to a nomenclature and added contact reference for them as well
- Added a new column in the rent schedule that displays the outstanding amount (arrears) for each rent. Click here to see a screenshot of the new 'Outstanding Rents' column.
- Added a new mail merge document - Tenant Application Form - and several new merge fields (tenant's phone, mobile and e-mail address)
- Added the 2011-2012 tax bands information
Version 8.05 - 26 January 2011.
- New flexible support for currency formats. Most world currencies are already available in the software, but should you find that the one you need is missing, you can easily add and specify its formatting options;
- Improvements to the way Overdue Rent Reports are generated. The report can now be generated not only per tenant or per property but for specific property and tenants together;
- Updated Lawpack tenancy agreements for England and Wales to their latest versions;
- In the Finance Manager, 'Payment Type' can now also be selected for loans (previously only available for mortgages). Custom payment types can now be created too;
- Fixed a bug that occasionally could cause errors when filters are used on data grids;
- More robust system requirement checks in the installers in order to prevent problems due to incompatible XP Windows and Service Pack versions;
- Added a graphic padlock symbol to the status bar to quickly see whether the database connection is using encryption;
- Added several default types for property purchase costs;
- Enhanced the rent schedule to show the totals for bad debts. Now if you mark a rent schedule entry as having a bad debt, the total amount of bad debts is shown. It also adjusts the other totals at the bottom of the rent schedule accordingly;
- Added a filter to ‘Hide Completed Tasks’ from the ‘Property Tasks’ Report.
Version 8.04 - 01 December 2010.
- Added a TENANCY_ROOM tag to the Mail Merge module;
- Updated the arrears section in the Portfolio Snapshot so that it regards ad-hoc payments;
- Fixed an issue that prevented the Overdue Rents tenant report from running properly;
- Fixed a bug that caused some dropdown boxes to disregard their default values upon adding new data;
- Fixed an issue that interfered with the automatic rent back-filling when no rent management options were set in the portfolio preferences;
*** Important Announcement **
Version 8.00 - Launched on 17th November 2010.
Since March 2010 we have been busy working on the next version (8) of our software. It was officially launched on 17th November 2010. It's our biggest upgrade to date and we have delivered the functionality that has been most requested by you, our customers and by our landlord software focus group.
Please
click here to see videos of the new time saving features that have been added to version 8. You can also download the
release notes here giving full details of the new functionality.
Here is a quick overview of just some of the new major features (there are plenty more) that have been added:
New Portfolio Snapshot
A single powerful screen (that can be displayed on start-up) now presents all your most important information including:
- Portfolio occupancy rate (occupied and empty properties)
- Rent arrears (drill down functionality to make payments faster)
- Pie chart showing all sources of portfolio income
- Portfolio valuations and yield analysis
- Monthly cash flow analysis forecast
- Estimated taxable profit for the current year (using HMRC tax guidelines)
Tenant Management Enhancements
Here is a flavour of some of the new features added in this area:
- Recording of more rent guarantor details
- Automatic extension of rolling tenancies
- Even faster and automatic maintenance of rents across your whole portfolio
- Rent analysis (drill down functionality)
- Enhancement to allow automatic change of rents during a tenancy
- Flexibility to allow a rent due date that is different to the start date of the tenancy
- Automatic back filling of rents
- Advanced tenant journal for recording all tenant communications
- Tenant check-in/check-out Lists
- Supplier notification to automatically notify utility suppliers when a tenant leaves or moves into a property (you'll really love this feature :-))
Integrated Mail Merge Tool
We’ve now developed our own integrated mail merge tool which allows you to create your own bespoke letters (including ASTs) and store them in the software as templates.
This unique tool requires no integration with any third party software and will allow you to send letters to any number of tenants at the touch of a button!
Other Enhancements
Lots more features including:
- New reports
- More configuration options to let you control what you need/want to see
- etc...
Oh and once version 8 has been released, there are lots of features planned for this version as well, which all version 8 customers will get for free :-)!
Version 7.84 - 8 April 2010
- Improved program installers for all PPS applications. Customization of the database server communication port and the master database password is now possible. Having the chance to use custom values for these items may help in cases of conflict with existing SQL server instances, or when very strict system password policies are enforced.
- Fixed a small technical issue that prevented the Income Tax reports from running under some conditions - an error message would appear preventing the reports from running.
- Fixed an issue with the Finance Manager where a fully paid loan or mortgage could enter an endless loop demanding it was closed.
- The new tax tables for 2010-2011 are incorporated in LPM Professional.
- Additional minor fixes and enhancements under the hood.
Version 7.82 - 16 February 2010
- All versions of the Profit and Loss report have the colours swapped - red for expenses, black for income
- Added an option to print notes in the tenant charge invoices
- Added a flag if a property is being sold, so that such properties may be filtered out according to preference
- All columns on all grids can now be sorted and filtered
- Optimized the Property Documents and Tenant Documents modules to retrieve the actual document data only when explicitly requested in order to save bandwidth in a network access scenario
- Added support for 32-bit and 64-bit Windows machines for the CD installers
- Improved handling upon importing documents in Tenant Documents and Property Documents. If reading of the file fails, the import operation will fail altogether (file operation failures were being silently ignored before)
- Fixed a bug due to which updates would not be automatically found at the start if the program is connected to a remote database that has already been accessed by an updated version of the application (though updates were still accessible and downloaded from the Auto Update dialog by request)
Version 7.79 - 05 January 2010
-
Added major new ‘Tenant Charges’ functionality in the 'Tenant Manager' module.
A number of users have requested this functionality. You can now generate additional charges and raise invoices/receipts for tenants. Such charges can include, late rent payment fees, property damage charges, tenancy renewal fees etc.
-
Added an option for printing notes that have been assigned to costs in the detailed income tax reports.
-
The portfolio level detailed income tax report now supports grouping of the income/expenses by property, sub-totalling for each property in addition to the sub-section totals.
-
Fixed an issue with the Portfolio Balance, Profit and Loss, and Cost History reports where of two or more identical costs only one was printed.
-
Fixed an issue with the Portfolio Balance and Profit and Loss reports where incomes were apportioned in rare circumstances although they were not supposed to be.
-
Secondary tenants are now displayed in the Property Detail report.
-
Improved the legal documents export to MS Word function.
Version 7.77 - 05 November 2009
- Changed the default backup directory for the software
- Improved the legal documents export to MS Word function
- Improved tenancy manager to include automated link to MyDeposits
- Income Tax Report - improved report to cater for bad debt apportionment over multiple tax years when both ad-hoc payments and irregular payments are used
Version 7.76 - 12 October 2009
Keep those suggestions coming! Here are the details of our latest update:
- User request - It is now possible to configure the list of tenants, mortgages and properties so they become default settings. You can now control which tenants, mortgages etc. you want to see.
- User request - A number of enhancements to the Finance Manager including bulk deletion of all payments or of a certain date range only.
- User request - A setting was added to enable users to control when rents should be classed as overdue.
- User request - Overdue Rents screen enhanced to also display the number of days rents are overdue.
- User request - Page numbers were added to the reports where necessary.
- User request - You can now print your own company logo details on the legal documents.
- Problem fixed - The tenancy agreement was hiding portions of the text when exported to MS Word.
- Fixed a bug with the synchronization between the Tenant Manager and Property Manager when no data was present on one of them.
- Fixed a bug in the Report Manager where the selected property was not always properly displayed.
- Fixed a bug with the Rental Income report which, in rare situations, was collecting data from several portfolios instead of only using the current one.
- Plus other minor tweaks and enhancements
Version 7.75 - 07 September 2009
As always, we continue to listen to your suggestions for new features and functionality. Here is what is new in this latest update:
- A number of new legal documents provided by Lawpack have been added to Landlords Property Manager Professional. All previously included legal documents have also been reviewed and improved by Lawpack. New legal documents added include:
- New Section 8 Notice
- New Section 21 Notice
- Rent Increase Letter
- Routine Visit Letter
- Rent Demand Letter
- Tenancy Deposit Protection Form
- Bank Standing Order Mandate Form
- Plus more....
Click here to see the video of these changes
- Four new reports added for each of the Early Warning sections: Insurances, Safety Certificates, Expiring Tenancies, and Finances.
- The Overdue Rents report now supports grouping and aggregating the information per property and per tenant.
- Quick jumping from the Overdue Rents screen to the corresponding tenancy and rent schedule record with a simple double-click.
- Mass payment delete option now available for the payment schedule in Finance Manager
- The Property Manager and Tenant Manager stay in sync with each other - when switching between the two windows, the selected property remains the same.
- The deposit amount can now be changed when editing existing tenancies.
- The connection settings for the local database server are now always displayed in the Preferences dialog box under Windows Vista and Windows 7.
- Many tweaks and improvements under the hood to make LPM more robust and stable.
Version 7.73 - 07 July 2009
- We added a new report in the Report Manager section - the Rental Income Report. It allows landlords to quickly see what the rental income from a single property or across the entire portfolio is. The report can be generated for an arbitrary timeframe with optional detailed display of the seprate payments.
- The Property Tasks report received a facelift and has additional op