How to start a rent collection platform: getting landlords paid on time

By SendPay Business · · 2 min read

How to start a rent collection platform: getting landlords paid on time

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 problemsFeatures that helpCheck the rules

Common problems

  1. Tenants paying late or the wrong amount.
  2. Hours spent matching bank transfers to tenants.
  3. Deposits, fees and owner payouts tracked in spreadsheets.
  4. Overseas landlords who want their income in another currency.

Features that help

  1. A regular payment link or subscription for each tenancy.
  2. Automatic reminders before and after rent is due.
  3. A clear record of who has paid and what is outstanding.
  4. Accounts that hold GBP, EUR and USD for landlords abroad.

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.

Build it

Create your own financial platform.

Pick a template, name it, brand it, preview every page before you pay. Your brand, your users, your fees.

Build my platform →

Questions people ask

What is recurring billing?

Charging customers automatically on a schedule.

Recurring billing →
What is dunning?

Chasing failed or late payments, often with reminder emails.

Dunning →
What is a standing order?

A fixed regular payment you set up from your bank account.

Standing orders →

Read next

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. PayPal, Patreon and Substack are named as reference points only and are not affiliated with SendPay Business.