LetCheck Inventories

What LetCheck Inventories does

LetCheck Inventories is a UK-based specialist provider of property inventory inspections and reporting services for the residential lettings market. Founded in 1998 and incorporated as Letcheck Inventories Ltd in 2004, the company is headquartered in Cornwall with an additional London office, operating a national network of independently trained inspectors across 17+ UK regions. Its core product is the production of detailed, defensible inventory and check-in/check-out reports for landlords, letting agents, renters, and institutional housing providers, with a recent product evolution toward a digital platform featuring extractable worksheet deliverables and bespoke client portal integrations.

The company serves a predominantly enterprise client base that includes tier-1 names such as Savills, JLL, Grosvenor, Hamptons, Howard de Walden, Chestertons, Allsop, Complete Prime Residential, Folio London, Notting Hill Genesis, and Touchstone, alongside smaller letting-agent and landlord customers. Differentiators include Propertymark, ARL, TPI, and ARLA Propertymark accreditations, AIIC Inventory Company of the Year 2020 recognition, a 5-star service rating, and insurance cover of £250k professional indemnity, £5M public liability, £1M products, and £10M employer's liability.

The business model is a professional-services model with bespoke, contract-based pricing rather than fixed list rates, monetising per-inspection fees and enterprise retainers. Go-to-market is anchored on enterprise mandates, multi-year renewals (average client tenure of 9+ years), and case-study-led acquisition into housing associations and prime-residential block managers. Operations are delivered through a lean core team of 1-10 employees augmented by a contractor inspector network.

Name

LetCheck Inventories

Legal name

Letcheck Inventories Ltd

Website

https://letcheck.co.uk

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

LetCheck Inventories is a UK specialist provider of property inventory inspections and reports, serving letting agents, landlords, and institutional clients including Savills, JLL, and Grosvenor across 17+ regions, with bespoke portal integrations and a contractor inspector network.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Property Inspection Services: Core revenue stream from professional property inventory inspection services including check-ins, check-outs, and mid-term inspections. Pricing is bespoke based on portfolio size, location, and service needs with volume discounts available. Services are available in tiered packages (Basic, Professional, Pro, Bespoke) with escalating features.
2. Bespoke and Tailored Services: Customised reporting and special request services for corporate landlords and complex portfolios. Includes bespoke reporting, key collection special requests, and tailored support to meet specific business needs.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

LetCheck Inventories provides professional property inventory check-in, check-out, and mid-term inspection services carried out by trained independent inspectors across 17+ UK regions. Services are delivered under tiered packages (Basic, Professional, Pro, Bespoke) and supported by a proprietary reporting platform that produces web-based shareable reports, extractable worksheets, deduction tools, video documentation, and cloud-based secure storage. The offering targets corporate landlords, letting agents, property management companies, and housing associations, with bespoke enterprise-level integration for large portfolios.

Product overview

LetCheck Inventories operates as a property inspection services company offering a tiered service model spanning Basic, Professional, Pro, and Bespoke tiers. The core offerings include inventory check-in, check-out, and mid-term inspections conducted by trained independent property inspectors. The platform is supported by a proprietary technology suite comprising an Online Reports Library for cloud-based document storage, Filtered Summary Reports and Deduction Worksheets for extracting actionable data from detailed reports, Video Documentation for visual evidence capture, and Cleaning Reports for contractor handoff. The service operates through a national network of inspectors with centralized quality control managed from the Cornwall head office, serving corporate landlords, letting agents, property managers, and housing associations across 17+ UK regions.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 60% reduction in end-of-tenancy admin time for property managers
• +4 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature7 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Folio LondoncoreStrategic or Co-development PartnerStrategic partnership where Folio London uses LetCheck for all property inspections (check-ins and check-outs) across their portfolio within Notting Hill Genesis, including a large mixed-use development in Chelmsford. LetCheck provides independent, impartial inspection history from day one of the development.
• Grosvenor Property UKcoreStrategic or Co-development PartnerTrusted partnership supporting Grosvenor's prestigious London estate portfolio with customised, responsive service fully aligned with internal standards. Includes seamless integration with Grosvenor's internal portal and bespoke reporting for each property.
• JLLcoreStrategic or Co-development PartnerSeven-year partnership providing property inspection reporting across JLL's London property management operations. LetCheck delivers consistent, detailed reports supporting JLL's centralised property management teams managing portfolios across multiple lettings branches.
• Touchstone Property ManagementcoreStrategic or Co-development PartnerOutsourcing partnership where Touchstone rolled LetCheck across their entire portfolio within two months of trialling. LetCheck reduced Touchstone's admin time by 60% and disputes by 60%, transforming their operations.
• SavillscoreStrategic or Co-development PartnerSavills uses LetCheck for property inspections across their prime residential portfolio, benefiting from timesaving platform features that cut deposit return admin time in half.
• Howard de Walden EstatecoreStrategic or Co-development PartnerLong-term partnership for independent property inspections providing reassurance that properties and tenants receive best protection. Values LetCheck's independence, evolution, and commitment to best practices.
• Hamptons InternationalcoreStrategic or Co-development PartnerPartnership providing timely document delivery and instant report functionality for Hamptons' lettings operations.
• Allsop Letting and ManagementcoreStrategic or Co-development PartnerLong-term partnership characterised by efficient, professional service with friendly, helpful staff. Built strong business relationship delivering reliable inventory services.
• Complete Prime ResidentialcoreStrategic or Co-development PartnerMulti-year partnership providing excellent, fantastic service for prime residential property inspections.
• Compass RockminorStrategic or Co-development PartnerListed as a trusted partner with LetCheck providing inventory inspection services.
• GrainerminorStrategic or Co-development PartnerListed as a trusted partner with LetCheck providing inventory inspection services.
• ARL (Association of Residential Letting Agents)minorOthersProfessional membership organisation for residential letting agents that LetCheck maintains membership with, demonstrating industry standing and commitment to professional standards.
• The Property Institute (TPI)minorOthersProfessional membership organisation that LetCheck maintains membership with, demonstrating expertise and standards in property management.
• PropertymarkcoreOthersLeading professional body for letting and management agents. LetCheck holds Propertymark accreditation demonstrating commitment to industry standards and professional practices.

Scale indicators8 records

Recent moves1 record

Expansion highlights4 records

Broad incumbents

• OpenRent: UK online letting agent and proptech platform serving landlords with tenant referencing, contracts and rent collection. Targets the same landlord/property-manager customer base and could expand into inventory services.
• e.surv Chartered Surveyors: UK building surveying firm providing residential property inspections, valuations and condition reports. Comparable on property condition assessment services, though more focused on mortgage valuations than lettings inventory.
• Canopy: UK proptech platform providing renter referencing, deposit alternative and related services to letting agents and renters. Adjacent competitor for letting-agent wallet share and a potential partner or competitor for inspection-linked workflows.
• SDL Surveying: UK residential surveying firm offering home buyer reports, valuations and condition assessments. Comparable in property condition reporting and UK geographic reach, but focused on transactions rather than tenancy inventory.
• Goodlord: UK proptech platform offering referencing, contracts, rent collection and inventory-adjacent services to letting agents. Comparable customer base (letting agents and property managers) but operates a broader SaaS platform rather than specialist inspections.
• iamproperty: UK proptech platform serving estate and letting agents with referencing, auctions, and (via NoLettingGo) inventory. Broader portfolio than LetCheck but overlapping in the inventory services category through its acquired clerk network.

Direct peers

• ProInventory: UK-wide network of independent inventory clerks producing check-in, check-out and mid-term reports. Directly comparable service offering and target customer base to LetCheck.
• Inventories Ltd: UK property inventory company offering check-in, check-out and mid-term inspections to letting agents, landlords and housing associations. Directly comparable service model and UK geographic coverage.
• NoLettingGo: UK property inventory clerk network that historically competed head-to-head with LetCheck before being acquired by iamproperty. Directly comparable on inventory/check-in/check-out services, geographic coverage model and target customers (letting agents and property managers).
• InventoryBase: UK-based inventory management software and clerk network serving letting agents and property managers. Closely comparable in offering templated inventory reports, cloud libraries and clerk network coverage of the UK lettings market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/letcheck-inventories

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LetCheck Inventories