*Subject to qualifying criteria.
**Terms and conditions apply. Full details within policy wording
Rent on Time reduces the risk from renting. We guarantee your landlords’ cash flow by paying you their rent on the due date, regardless of whether the tenant has paid, safeguarding their investment and providing your customers with peace of mind. Terms and conditions apply, please see the policy wording for more details.
Should the tenant stop paying the rent we will cover the arrears for up to 15 months in line with the policy terms and conditions.
How does Rent on Time work?Discover how Rent on Time™ can benefit you in 60 seconds!
With Rent On Time™, you can focus on growing your business with a value-added service whilst building stronger relationships with your landlords.
*subject to qualifying criteria.
In an ever-changing industry, Rent on Time delivers a simple & effective solution to rent collection and rent arrears and provides our agency with a huge USP over our local competitors, helping us to attract more landlords and grow our portfolio.
– July, 2021
Certified Customer Review
With Rent On Time, worrying about rent arrears is a thing of the past. Our landlords love the service because it’s simple, removes stress and protects their investment.
– August 2021
Certified Customer Review
Place your referencing order through the Let Alliance referencing platform, Vision. Once referencing is complete, you will receive a copy of your final report for your own records.
Complete our online order form and your dedicated Client Account Manager will undertake any administration you need, and request any documents from you such as tenancy agreements, inventories, deposit certificates, tenant ID’s, etc.
With acceptable references in place, and tenancy documents received and checked, Rent on Time will go live – it’s that simple! Rent on Time will then pay you the rent on the due date every month regardless of whether the tenant has paid, you will then pass this on to your landlord. If the tenant fails to pay the rent, arrears will be covered for up to 15 months.
As a letting agent, we understand that collecting rent and dealing with arrears is a stressful and time-consuming part of your business. Problem tenants, non-payment of rent and landlords left with substantial legal eviction costs can seriously affect your customer retention, as well as you not getting any commission for the work you complete.
I want to protect my Landlords
Rent On Time™ works for all types of letting agents, from those just starting to multiple branch agencies managing large property portfolios. Our team are committed to delivering an unbeatable customer experience, with our customers at the heart of everything we do.
Meet the team
Yes, you will be provided with a rent list on the morning of each working day, which will have a breakdown of all property addresses and payments being made, giving you time to let us know if any amendments are required.
Our credit control specialists have many years of experience in assisting tenants by looking at ways to help get them back on track. They will provide information regarding how they can seek financial assistance and also discuss affordable payment plan options. You will still receive the rent on the due date, with arrears covered up to the amount specified on your policy schedule.
Yes, this will not affect the rent due to you. We will simply contact the tenant for the remaining amount.
No, we will submit a claim on your behalf and update you once this is done. We will keep you updated on the progress of the claim.
No, all legal fees incurred in gaining possession of the property are included in the service, up to the amount stated on your policy schedule.
