How to start a rent collection platform: getting landlords paid on time
By SendPay Business Β· Β· 2 min read
- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
Landlords and letting agents spend a lot of time matching payments, chasing late rent and paying out to owners. A platform that makes rent easy to pay, easy to track and quick to pass on can win customers, especially if you already work in property, such as a letting agency or a landlord network.
Common problems
- Tenants paying late or the wrong amount.
- Hours spent matching bank transfers to tenants.
- Deposits, fees and owner payouts tracked in spreadsheets.
- Overseas landlords who want their income in another currency.
Features that help
- A regular payment link or subscription for each tenancy.
- Automatic reminders before and after rent is due.
- A clear record of who has paid and what is outstanding.
- Accounts that hold GBP, EUR and USD for landlords abroad.
Try it
Name your platform and watch it come to life
Type a name, tap a colour and pick what it does. The phone changes as you go.
Colour
What it does
Design and preview your whole platform free, then launch when you are ready.
Check the rules
In England, tenancy deposits for assured shorthold tenancies must be protected in a government-approved scheme, and letting agents handling client money must belong to a client money protection scheme. Check the rules where you operate before handling rent for others.
Where SendPay fits
SendPay lets you launch your own platform under your brand, with GBP, EUR and USD accounts, transfers, branded Visa cards, payment links, invoices and subscriptions, powered by licensed partners. SendPay isn't a bank and doesn't offer lending.
How it works
Money on its way- 1Pick who to pay and type the amount
- 2Tap send and it is on its way
- 3It lands in their account
Why sign up
Create your free SendPay account
It's all about creating your own financial platform with ease. Start with a free account today.
- πͺͺA free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
- π³Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
- πA free business websiteFree to build, free to publish and free to keep, with unlimited visits.
- πYour own financial platformDesign and preview your whole platform free, then launch when you are ready.
SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.
Questions people ask
What is a standing order?
A fixed regular payment you set up from your bank account.
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Spotted a mistake or something out of date? and we'll fix it. How our guides are made
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.