Latch vs Hammock.
Complete delivered.

Hammock has earned a strong reputation as one of the first HMRC-recognised Making Tax Digital platforms built specifically for landlords. Its core strength is automated bookkeeping — connect your bank accounts via open banking, and Hammock automatically categorises transactions against SA105 tax categories, tracks rent arrivals, and maintains a running tax position in real time. For landlords whose primary concern is getting their tax returns right with minimal manual effort, Hammock does that exceptionally well.

Hammock also offers useful investment analytics — per-property P&L, loan-to-value tracking, rental yield calculations, and occupancy monitoring. For portfolio landlords focused on financial performance, these tools provide a clear picture of how each property is performing. HMO landlords benefit from per-unit, per-tenant financial breakdowns with shared expense allocation.

Where Hammock is deliberately limited is in property management. It does not offer tenant communication, maintenance tracking, rent collection, compliance certificate management, or property listings. Hammock monitors rent payments through bank feeds but does not collect rent — landlords still need to arrange standing orders or direct debits separately. This is by design: Hammock is focused on the financial and tax slice of landlord operations.

Latch takes a broader approach, combining accounting with AI-powered property management. Matt, the AI assistant, handles rent chasing, tenant communication, and compliance monitoring. E-signatures, digital tenancy agreements, and workflow automation are built in. For landlords who want a single platform for everything, Latch covers more ground. For landlords who want best-in-class MTD compliance and already have separate management tools, Hammock is a strong specialist choice.