Open Banking
Why UK Landlords Need Open Banking
The case for Open Banking in every UK rental business — read-only, fraud-safe, MTD-ready.
The Landvale Team·Updated 1 July 2026·6 min read
Key takeaways
Open Banking is read-only — no payment authority granted.
It eliminates manual bank statement downloads.
Rent reconciliation becomes automatic.
It's essential for MTD from April 2026.
Landvale supports every major UK bank via Open Banking.
What Open Banking actually is
Open Banking is a UK regulatory framework that lets you grant a third party read-only access to your bank transactions via a secure, FCA-regulated API. Landvale reads — it does not write.
Why it matters for landlords
•Rent reconciliation happens live.
•Every expense is categorised at source.
•No more manual statement downloads.
•MTD-ready record keeping from day one.
Open Banking in Landvale
Landvale connects to every major UK bank via Open Banking, refreshes transactions in real time, matches rent to tenant, and categorises expenses automatically. Reauthentication happens quietly every 90 days per FCA rules.
Pillar guide
The Complete Guide to Landlord Accounting
→
Frequently asked questions
Yes — it's FCA-regulated and read-only. Your bank credentials never leave the bank.
