Tenancy Deposit Scheme API integrates with Yardi

The Government approved Tenancy Deposit Scheme integrates its API with Yardi®, who will streamline tenancy deposits through RentCafe.

Government approved Tenancy Deposit Scheme integrates its API with Yardi® | BTR News
Government approved Tenancy Deposit Scheme integrates its API with Yardi®.

The government approved tenancy deposit protection scheme – Tenancy Deposit Scheme (TDS) – integrates its API with Yardi® – to allow agents, owners and operators of Build to Rent properties to register deposits more efficiently. Yardi® will streamline tenancy deposits through RentCafe.

The API will transfer deposit data from Yardi’s residential property management platform to the deposit scheme for both TDS Custodial and TDS Insured.

Established in 2003, the Government approved TDS in England and Wales is operated by The Dispute Service Ltd. It is the longest serving government-approved deposit protection scheme and is the only not-for-profit scheme.

“We are delighted to integrate our API with the Yardi platform. Yardi’s innovation, commitment to its customers, and passion for giving back to communities aligns with our objectives as the only not-for-profit tenancy deposit scheme with an ambition to improve the private rental sector for everyone involved. The integration of the Yardi platform and the TDS API offers customers an intuitive solution that makes their lives easier.”

Steve Harriott, CEO, Tenancy Deposit Scheme

Yardi® provides an end-to-end platform to manage the marketing, letting and financial operations of residential properties, including Build to Rent, PRS, PBSA and single family homes. Integration automates data entry, saves time, removes duplication of work and eliminates the risk of human error.

“We’re excited to offer this new functionality to our customers in England and Wales,” “They can now manage their tenancy deposits more efficiently, making the whole process easier and faster than ever before.”

Neal Gemassmer, Vice President of International, Yardi

Established in 1984, Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Based in Santa Barbara, California, the company serves clients worldwide from offices in Australia, Asia, the Middle East, Europe and North America. 

See how Yardi’s technology can help transform real estate operations through a single connected solution.