LettsPay is designed to disrupt the status quo of rent collection and client accounting. Utilising the power of open banking, we support the letting agent in collecting rent and gathering payment intelligence making manual reconciliation a thing of the past. We provide the tenant with the means to improve the way they pay rent, their credit score and budget. Each landlord is assigned their own designated digital bank account, with their own sort-code and account number. The funds are paid directly into that account via bank transfer, Standing Order or Direct Debits. Then the funds are automatically split into the landlords bank account and your fees are taken off. Our solution saves you time, money and ensures you are always 100% complaint to the Anti-Money Laundry directive, Client Funds protection and Financial Conduct Authority regulations. Let us take that headache away.
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