Hammock

Manoj Varsani, a former CTO and landlord, founded Hammock to address the challenges he faced in property finance management. The platform is a financial management tool designed for landlords, combining fintech and proptech to streamline accounting and property management.

Hammock offers a suite of services including automated bookkeeping, which tracks rental income and expenses, and provides real-time tax statements, ensuring compliance with Making Tax Digital regulations. The platform also features tools for monitoring property investment metrics such as loan-to-value ratios, rental yields, and profit and loss statements. For rent collection, Hammock provides current account services and a prepaid Mastercard, allowing landlords to manage their property finances in one place.

The business model is centered on providing a comprehensive financial toolkit for landlords, helping them to manage their property portfolios more efficiently. By automating many of the routine financial tasks, Hammock aims to save landlords time and provide them with a clearer understanding of their investments.

Keywords: landlord finance, property management software, rent collection, bookkeeping, tax automation, proptech, fintech, rental yield, investment metrics, expense tracking