Guarantee your Landlord’s cashflow with Rent On Time™

Guarantee* your
Landlord's cashflow
with Rent On Time

  • Outsourced rent collection and arrears support**
  • Potential to increase your revenue and profit
  • Rent is paid on the due date even if the tenant doesn’t pay
  • Ideal for any sized agency, large or small
  • Legal cover for repossession as a result of tenancy breach included

    *Subject to qualifying criteria.
    **Terms and conditions apply. Full details within policy wording

play_arrowWhat we do in 60 seconds

Simply, Rent On Time,
every time

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?south

Discover how Rent on Time can benefit you in 60 seconds!

Rent On Time benefits*

With Rent On Time™, you can focus on growing your business with a value-added service whilst building stronger relationships with your landlords.

Reduce Admin

  • Rent collection service by our specialist team
  • Rent arrears support from our team
  • Guarantee your landlords cashflow; full monthly rent paid on the rent due date even if the tenant doesn’t pay*

 

*subject to qualifying criteria.

Your Cover

  • Arrears covered for up to 15 months’ rent, or until vacant possession
  • 75% of rental payments for up to three months following vacant possession for accepted claims
  • Cover provided for non-payment of rent and expired notices seeking possession

Rent Guarantee

  • Total rent paid for up to four tenants provided they have passed referencing with full rent covered
  • Rent arrears paid for 15 months or until vacant possession, whichever is sooner
  • Cover available for up to £2,500 per month
  • Up to £100,000 cover per property

Your questions answered in our FAQ sectionsouth

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

Protected properties guaranteed

How Rent on Time works

Step 1

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.

Step 1 - Place your referencing order

Step 2

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.

Step 2 - Complete our online order form

Step 3

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.

Step 3

We've provided Rent on Time every time to over 15,000 landlords across the UK

Frequently asked questions

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.

Can't find the answer you're look for? Send us a messageeast

Ready to reduce your admin, protect your landlords and grow your income?

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