Rent Collect

Rent Collect is a letting agent service level between Tenant Find and Fully Managed, including tenant finding plus monthly rent collection and arrears chasing, typically costing 8-12% of monthly rent plus VAT. Landlords still handle maintenance, repairs, property inspections, and compliance management. This service suits landlords who want guaranteed rental income without chasing payments but prefer hands-on involvement with property care.

What's Included

Typical rent collect service:

• Everything in Tenant Find, plus:
• Monthly rent collection
• Payment to landlord (less fees)
• Rent arrears chasing
• Basic rental statements
• Deposit management

What's NOT Included

Landlord still handles:

• Property maintenance
• Arranging repairs
• Property inspections
• Tenant communication (non-rent)
• Compliance management
• Gas/electrical certificates
• Check-outs

Typical Fees

Rent collect fees:

• Percentage: 8-12% of monthly rent
• Plus VAT
• May have setup/admin fees
• Renewal fees may apply

Comparison of Service Levels

Who Rent Collect Suits

Good for landlords who:

• Want rental income guaranteed to arrive
• Don't want to chase late payments
• Can handle maintenance themselves
• Live reasonably near property
• Have time for property tasks
• Want some hands-on involvement

Less suitable when:

• Living far from property
• No time for management tasks
• Want completely hands-off
• Property is older/needs more maintenance

For Letting Agents

Rent collect service considerations:

• Clear service boundaries
• Arrears procedures documented
• Escalation path to full management
• Maintenance referral service
• Regular communication with landlord