PayProp pricing and benefits

Flexible pricing for all business sizes

See what you get with PayProp
Features
Included
CMP-recognised client accounts
PayProp holds all processed funds directly in CMP-recognised NatWest client accounts, providing Financial Service Compensation Scheme (FSCS) protection. Additionally, PayProp carries separate professional indemnity insurance to cover any unforeseen eventualities.
Yes
Bank-grade security
All transaction information entering PayProp systems is encrypted using 256-bit SSL certificates. No information is ever passed unencrypted in a Web browser to PayProp.
Yes
No cost for extra users
An unlimited number of user accounts allows you to give account access to everyone who needs it.
Yes
Faster landlord payments
As PayProp works within the banking system, rent can be paid out faster to landlords, contractors and as commission – often on the same day the rent is paid by the tenant.
Yes
Integrated maintenance
Our maintenance ticketing system is an integral part of the platform, not an added extra you need to pay for to get access to.
Yes
Portfolio growth
PayProp-powered letting agencies in the UK grew their rental processing volume by an average of 20% in their first year between 2020 and 2023.
20%*
Award-winning support
At PayProp, we put our clients first. That's why our support team won us Supplier of the Year – Payment Services five years in a row at the ESTAS Awards.
Yes
Audit trail of all transactions and user actions
To protect your business, PayProp tracks every action on the platform from the moment a user logs in, keeping a detailed date-stamped uneditable log of every user’s activity – from creating new tenants and properties to editing bank details and paying out funds.
Yes

Price breakdown

Monthly service fee

Less than 1%
of your processing volume

One-off setup fee

£600 – £2,000
based on your portfolio size

Licence fee

£49/pm
Get a quote now

Award-winning PropTech designed specifically for letting agents

See PayProp in action

Let us show you how to get more out of work and more out of life!

  • Real-time property management
  • Real-time bank integration
  • Real-time reconciliation & payments
020 3740 7614
Gareth Morris
Gareth Morris
Complete Lettings
“
A great platform, an easy transition and great support.
”

Automating millions of transactions for thousands of agencies

5-star service

“From start to finish PayProp support has been excellent, we were set up quickly.”

Natalie Bromley

“Fab service, very efficient and friendly staff, thank you :) Game-changing!”

Jonathan Scotland

“The time that it saves! Now I just reconcile and send!”

Martine M

PayProp letting agencies grow on average 20%* year on year
*Percentage based on average growth increase of PayProp UK clients from 2020 — 2023.
Join them now

Security

Rest easy knowing our platform is safe and secure

Yearly penetration test

Performed by an external security consultancy

Sensitive information is encrypted

Passwords, bank and account numbers

Client asset protection

Data is synchronised to separate locations several times an hour and backed up daily

Five unsuccessful login attempts

Will result in a blocked account and prompt an e-mail to the account owner

256-bit SSL certificate

All communication between our Web servers and the client browser is encrypted

Authentication

Multi-factor authentication ensures your PayProp account is secure

See PayProp’s impact on real property management businesses

How PayProp helps The Property Booth to manage maintenance better

PayProp helps The Property Booth to manage maintenance better

130+
properties
Linda Booth took an unusual route to becoming a letting agent, starting out as an accidental landlord. When she bought her mother-in-law’s house (who was downsizing), Linda decided to rent it out, but wanted to find an agent to manage it as it wasn’t local to her.
How PayProp helped Lang Llewellyn & Co. establish its reputable brand

How PayProp helped Lang Llewellyn & Co. establish its reputable brand

350+
properties
Rhiannon Llewellyn worked for several years as a letting agent and manager at the agency that became Lang Llewellyn & Co. in late 2022, when she was appointed as Co-Director.

Frequently asked questions

Can I use PayProp from any device?

Yes. PayProp is optimised for desktop, tablet, and mobile phone use.

Does PayProp integrate with other systems?

Yes, PayProp works with Fixflo, Teclet, Xero (thanks to our partnership with Automated Accounting), Homebox and PadBoss, with more integrations being added all the time. You can also integrate PayProp with your preferred in-house software, thanks to our fully-documented API.

How much does PayProp cost?

We make pricing easy. Your cost is based on the size of your portfolio – the more you process, the lower your percentage fee. Speak to our team for a proposal tailored to your business. Learn more about pricing.

Is PayProp for you?

PayProp is for any real estate professional who processes residential rental payments on behalf of landlords, including letting agents, property managers and more.

Why should I request a demo?

Once you have filled in the demo request form, one of our PayProp experts will reach out to book your demo at a time that is convenient for you.

Demos are one-on-one sessions where you'll get a detailed look at the PayProp platform, how integration and transition work, and more detailed pricing information based on your unique business.