The Depositary
Removing the hassle from end of tenancy
01.
About
SECTOR:
Lettings and tenancy
COMPANY SIZE:
11-50

Product Design | Web App Development | Mobile App Development | UX Research

Since embarking on the product journey in 2016, Sprint Innovations has worked closely with The Depositary to develop a highly customisable automation solution that optimises the entire process from tenancy notice to deposit refund. This pioneering SaaS platform in the UK prop-tech sector has empowered member agents to return deposits 33% faster. Recent updates have significantly reduced letting agent admin time from several hours to just 10 to 15 minutes.
02.
The Challenge

The rental landscape is changing fast. For tenants, landlords and agents alike it can seem like a complex, all-consuming beast of an industry. The ever increasing legislation, whilst well intentioned, has left many confused, overwhelmed and often unclear of their rights and responsibilities. Layer on top of that the new digital universe or constantly evolving proptech landscape, and the opportunities are almost as confusing and intimidating as they are exciting.

03.
The Solution

The rental landscape is changing fast. For tenants, landlords and agents alike it can seem like a complex, all-consuming beast of an industry. The ever increasing legislation, whilst well intentioned, has left many confused, overwhelmed and often unclear of their rights and responsibilities. Layer on top of that the new digital universe or constantly evolving proptech landscape, and the opportunities are almost as confusing and intimidating as they are exciting.

Ready to start your journey
with Sprint Innovations?
Get in touch
Technology stack
The Technology Stack used to build
Angular
Google Cloud
Java
Typescript
04.
The Impact

Insights from tenants and agents have shown that:

90% find the platform ‘much easier than the usual process’

In-house administration is reduced by approximately 75%

Saving around 450 working hours per year in an average sized branch

cLIENT TESTIMONIAL
The app has significantly reduced client workload by 80% on the initial year, wildly exceeding expectations of the stakeholders. Sprint Innovations' ability to deliver their top-notch service has created a productive and fruitful collaboration that looks to extend for years to come.
Kristjan Byfield: The Depositary
Continuous Improvement
Notably, the platform now integrates with MyDeposits' Insured and Custodial schemes, alongside its existing integration with TDS, making The Depositary compatible with two-thirds of deposit schemes in England and Wales. Many exciting AI enhancements are on the way...

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