Open Banking
Open Banking for Landlords: Why It's the New Standard
Open Banking gives UK landlords a read-only, real-time view of rent, expenses and reconciliation across every bank account. Here's how it works and why manual bank statements are finished.
The Landvale Team·Updated 1 July 2026·9 min read
Key takeaways
Open Banking is FCA-regulated, read-only, and every UK bank supports it.
It replaces manual CSV downloads and email statements.
Rent-matching goes from a monthly chore to a real-time process.
The landlord's credentials are never shared — only a tokenised consent.
Consent is time-limited (currently 90 days) and revocable.
How Open Banking works
You authorise Landvale inside your bank's own app or web login. Your bank returns a tokenised consent — never your password — that gives Landvale read-only access to transactions for 90 days at a time.
Landvale can never move money. Open Banking's read-only scope is legally separate from payment initiation.
Why it matters for landlords
•Rent payments are matched to the right flat automatically.
•Late payments are detected the moment they're due.
•Expenses land in the right category with no data entry.
•Year-end reconciliation drops from days to minutes.
Frequently asked questions
Yes — it's FCA-regulated and uses tokenised consent. Your bank credentials are never shared.
