Why Landlords Choose BankScan AI
Landlords managing multiple properties need to track rental income and expenses from bank statements for tax returns.
How BankScan AI Helps Landlords
Convert your bank statements to Excel to easily categorise rental income, maintenance costs, and mortgage payments for self-assessment.
The Landlords Bank Statement Workflow
For landlords, the core challenge is turning unstructured PDF data into actionable, organised records quickly enough to stay on top of deadlines. BankScan AI eliminates this bottleneck by handling the data extraction automatically, so landlords can focus on analysis, client advice, and compliance rather than manual data entry.
How Landlords Use Bank Statement Data
Landlords review bank statements to confirm tenant rent payments have been received, match maintenance invoices against bank debits, track mortgage interest payments for tax relief calculations, and collate all property-related transactions for their self-assessment tax return or accountant.
Key terms you'll encounter: rental yield, Section 24, allowable expenses, wear and tear allowance, capital gains.
How It Works
Upload any bank statement PDF
Supports all major UK and US banks. Saves 1-2 hours per property per month on income and expense tracking, with portfolio landlords saving a full day each month across 10+ properties
AI extracts every transaction
Our AI reads the PDF and pulls out dates, descriptions, amounts, and balances — formatted for landlords workflows.
Download your spreadsheet
Get a formatted Excel file ready for Excel, Hammock, Landlord Vision or direct analysis.
Peak Period Tip for Landlords
January for self-assessment tax return deadline, plus quarterly if providing management accounts to property management companies or mortgage lenders
Supported Banks
BankScan AI works with all major UK and US banks, including:
Features Landlords Love
- Built for Landlords — Saves 1-2 hours per property per month on income and expense tracking, with portfolio landlords saving a full day each month across 10+ properties
- Software compatible — Output works directly with Excel, Hammock, Landlord Vision
- Peak period ready — Handles high volumes during january for self-assessment tax return deadline, plus quarterly if providing management accounts to property management companies or mortgage lenders
- Solves your challenges — Separating property-related transactions from personal spending when using the same bank account for both
Compliance Considerations for Landlords
When handling bank statement data, landlords must comply with relevant regulations.
- Landlords must report rental income on their self-assessment tax return and can only claim mortgage interest as a basic rate tax credit since Section 24 restrictions. Records must be kept for 5 years after the 31 January submission deadline. Deposit protection scheme compliance also requires clear financial records.
Start Converting — Built for Landlords
Join landlords across the UK who save hours every week with BankScan AI.
Try Free — Built for Landlords