RENT COLLECTION


We will arrange to collect the rent on a monthly basis. This is paid to us by the tenant directly via standing order and should reach us by the date it is due.

As soon as the rent is received via standing order it will be paid either directly into your bank account of if you prefer a cheque can be sent to your home. In either case you will receive a statement showing your rental income and expenditure.

Overseas landlords should maintain a UK Sterling Account as it is not possible for us to transfer funds internationally.

It is advisable for you to set up a separate bank account to receive your rental income and for debiting of your mortgage payments and building insurance premiums etc. It is also strongly advisable to maintain a reasonable balance in the account to allow for unexpected delays in rent payments arriving.

We will also address any problems with rent collection. Most problems are short term and quickly resolve themselves with a phone call. However a minority of these can become more serious problems. Rent arrear problems normally arise as a result of a change in the tenants circumstances or employment.

 We will make every effort to arrange collection but should this prove impossible and we suspect that your tenant no longer has the ability to afford the rent we will discuss the options open to you.

Please follow the Rent Guarantee link here for details on our insurance cover to guard against a rent arrears.