<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=6061692&amp;fmt=gif">

Rent Collection

Never chase late rent again

Our Rent Collection product sends automatic reminders to your tenants to pay their rent on time.

Reconciliation is easy with our unique bank account numbers, removing tenant errors and saving you time - so you can focus on the things that really matter to your business.
ARLA-Propertymark-Protected
rics-logo
icon of a hand collecting rent

KEY FEATURES

icon depicting reminders for rent collection

No more chasing rent

With automatic reminders to your tenants to pay their rent from three days before the due date, you can simply wait for payments to arrive in your account, saving you hours of manual chasing.

"Goodlord Rent Collection is really effective"

James Conway - David Conway Estate & Lettings Agents

"Goodlord Rent Collection is really effective - it's doing exactly what we need it to do. Everything gets paid quickly and we know precisely when that rent is sent - or, more importantly, if it hasn't been. We can confidently let it run in the background - it sends out the reminders to our tenants in a regular cadence, so that we don't have to."

Reduced arrears

Your tenants are less likely to fall into arrears with timely reminders to pay before their rent is late through our rent collection process. 

Plus our multiple payment options, including bank transfer and standing order, encourage them to choose the best way for them to pay on time.

notification icon of rent being due
tabbed image of rental transactions

100% correct payment reference, every time

Our research shows that 85% of tenants fail to use the right reference when paying rent.

 

With Goodlord, each tenant will have a unique account number, so 100% of your rent payments will be correctly referenced, making reconciliation and collecting rent painless.

Secure and instant access to rent data

Your whole business will see the rent payment status without needing to give everyone access to the business bank account.

Your dashboard will show any rents outstanding, due soon, and paid, as well as any messages sent to chase your tenants.

icon of rent data being secured by a lock

"It saves me a good hour and a half a day"

Justin Mathews - Hotspur Residential

"With Goodlord Rent Collection, I can do the payments without having to go into the banking system, knowing that the payments have come through from Goodlord - it saves me a good hour and a half a day."

UI image of goodlord rent collection showing overdue rent

Stay compliant

You'll have a full audit trail of all transactions and when your tenants were chased for rent if you ever needed to serve a Section 8 notice to a tenant.

A trusted payments partner

Goodlord handled more than £366 million of deposits and move-in monies for our agents and their landlords in 2021, through our expert team with a wealth of experience and our market-leading partner, Modulr - so you know your rent is in good hands.

icon of laptop and rent being collected secured by a lock

Frequently asked questions

Do I need to change my accounting processes using Goodlord Rent Collection

No. We will pay the rent directly into your client account, as your tenants do now, with no delay. The only change will be to your rent chasing process as we will take care of that for you.

 

What happens at the end of tenancy?

Tenancies automatically become periodic once the contract end date has passed unless you specify on Goodlord that the tenancy is ending. We will then pro-rata the last payment for you on your behalf.

 

Discover how Goodlord is in a league of it's own

Book a no commitment call and find out how Goodlord will:

Save you hundreds of hours of admin time
Grow your agency without growing your headcount
Let you say goodbye to dealing with multiple suppliers
Maximise conversions on revenue-generation products
Reduce costly compliance risks to your business
Help you win more landlords with exclusive insights