Each landlord has their own account, with their own sort code and account number. So their rent collected is purely dedicated to them.
Individual Landlord Accounts
Our system is designed so that each landlord is automatically assigned their own escrow account. With rent being collected via multiple methods, the tenant pays directly into this account meaning that all funds are ring-fenced per landlord.
Our product is an automated client accounting engine. It is the next generation of rent collection and client accounting. By utilising the latest in banking technology, we support Letting Agents in collecting rent and gathering payment intelligence. Each landlord is assigned their own designated digital bank account, with their own sort-code and account number.