Rent Now comes with a free ongoing rent collection service.
How does it work?
We provide tenants with OpenRent's bank details, and they pay us. As soon as the rent hits our account, we instantly send the rent out to you.
What are the benefits?
There's no holding period, and no fees: as soon as the rent is paid to us, we pay it to you, automatically.
We'll send you a brief confirmation email with each payment we make to you, so your records are up-to-date without you needing to check your bank.
What if my tenant is late paying or doesn't pay?
If your tenant is late on rent, we'll notify you automatically, and chase the tenant on your behalf.
If, for whatever reason, your tenant stops paying, we have legal partners who will be happy to help.
The rent collection service is provided completely free of charge, with no strings attached. And, it's completely optional. You don't need to use it if you'd rather get paid directly, and you can opt out at any point.