Rent that arrives without you asking twice.
Direct Debit, a ledger that matches itself, and a chase you never have to write. Rent lands on the day it is due, the payment is already attached to the right tenancy, and the awkward message is one you can hand over.
What is rent collection software?
Rent collection software takes the rent from the tenant, records it against the right tenancy, and tells you the moment something does not arrive. It replaces a standing order the tenant controls, a bank statement you read by eye and a spreadsheet you update afterwards.
LetCompliance collects by Direct Debit. A tenant sets up a mandate once, from a link, and the rent is collected on the day it is due for as long as they live there. Because the collection is instructed rather than volunteered, a missed payment is a fact you learn on the day rather than a gap you notice weeks later.
Every payment posts straight into the property ledger, so the rent roll, the arrears position and the profit and loss for that property are the same number from the same source. Nothing is keyed in twice, and nothing has to be reconciled at the end of the year.
When rent is late, it will chase for you: an escalating series of messages to the tenant, on your behalf, that you switch on and then stop thinking about. Arrears build a schedule as they go, which is the document you would otherwise be assembling from memory.
Three things that stop rent being a monthly job.
Direct Debit, set up once
The tenant follows a link, confirms a mandate and never has to remember again. Collection is instructed on the due date rather than left to a standing order they can change or forget, so a missed payment is something you find out about rather than something you discover.
A ledger that matches itself
Each collection posts against the tenancy it belongs to, on the date it belongs to. The rent roll, the arrears figure and the property profit and loss all read from it, so there is no month where the spreadsheet and the bank disagree and you have to work out which is right.
A chase you do not have to write
Turn it on and late rent is followed up for you, escalating on its own schedule, in your name. Every message is recorded, so the arrears history exists as a document rather than as a folder of sent items you would have to go back through.
From set-up to the first collection
- 01
Add the property and the tenancy
Rent amount, the day of the month it is due, and who is paying it. A room in an HMO is set up the same way, with its own rent.
- 02
Send the tenant one link
They confirm a Direct Debit mandate in a couple of minutes, on a phone, without creating an account or choosing a password.
- 03
Rent is collected on the due date
Every month, without a reminder from you. Payouts reach your bank on the schedule you set with Stripe.
- 04
Anything late is chased and recorded
If you have switched the chase on, the tenant is followed up automatically and the arrears schedule builds itself while it happens.
Rent is one part of the let. The rest is in the same login.
A rent tool on its own leaves you running the tenancy somewhere else. These sit on the same properties and the same tenants.
Adverts, applications and Right to Rent
Receipts read straight into your expenses
SA105, Section 24 and capital gains figures
Rent receipts and statements, on request
A live 0 to 100 score for every property
A free tenant portal, no password to remember
Questions, answered
- How does the tenant pay?
- By Direct Debit. You send one link, the tenant confirms a mandate on their phone, and the rent is collected on the due date every month afterwards. They do not create an account or choose a password.
- What happens when a payment fails?
- The tenancy shows as in arrears on the day, not weeks later, and the property score and rent roll update with it. If you have switched the chase on, the tenant is followed up automatically on an escalating schedule and every message is recorded against the tenancy.
- When does the money reach my bank?
- Direct Debit runs on a three working day cycle, and the payout to your own bank then follows the schedule you set with Stripe. We do not print an arrival date, because it is your setting rather than ours and a promised date that slips is worse than no date.
- Can I still record rent I was paid another way?
- Yes. Cash, bank transfer and standing order payments are recorded against the same tenancy and the same ledger, so the rent roll and the tax figures stay complete whether or not you collect through us.
- Does it work for a room in an HMO?
- Yes. Each room carries its own rent, deposit and tenant, and collection runs per room rather than per house, so one person leaving in March does not disturb the other five.
- What does it cost?
- Free forever for one property, with paid plans from £14.99 a month and a 14-day full trial. Rent collection is available on solo landlord accounts.
UK-built · Founder-led · GOV.UK-cited
Built by a landlord, for landlords.
I let property myself, and I was tired of juggling an agent, a spreadsheet and a handful of reminder apps just to stay on the right side of the law. So we built the one login I actually wanted: advertise the property, take applications, collect the rent, and keep every certificate and notice in order, each taken straight from GOV.UK.
Stop reading bank statements to find out if you were paid.
Add a property, send the tenant a link, and the rent arrives on the day it is due with the paperwork already written. Free forever for one property.
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