What is Free Rent Collection?
Free rent collection does exactly what it says on the tin. We do not charge to collect or transfer you the rent. It is a simple way to help your tenants pay the rent on time, and to make collecting rent as easy as possible for you as a landlord.
Tenants set up a standing order, and you receive your rental income via our open banking partner Token.It is simple for the landlord and the tenant. If there is an issue, we chase tenants as part of our rent collection service so you don’t have to shout, “My tenant is not paying rent on time” and hope someone hears you!
Typically, chasing tenants to pay the rent can be a frustrating process, but we take all the stress away so the landlord’s rent is delivered on time, free of charge. Once you have valued and rented your property, worrying about collecting rent from tenants will be a thing of the past.
From the tenant’s end, they have a simple and easy to use dashboard that is automatically filled to pay the landlord faster. End to end, this is easy and free for the landlord and the tenant.
Part of our free rent collection services is to send you a three day notice, so you know when the money will arrive. If you want more flexibility around receiving your rent, you can also check out our Advanced Rent services.