Benefits
Unlock benefits for your clients
The true test of PropTech's value is if it can also help your clients. See the incredible benefits PayProp brings to your landlords and tenants.
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Property account
- Channel and securely hold a landlord’s rental income
- Reserve funds for emergency property repairs
- Maintain a target balance by automatically topping up
Security deposits
PayProp allows you to hold client security deposits within a fully transparent system. Deposit funds are stored in a ring-fenced trust account, created specifically for you when you join PayProp.
More ways to pay
Give tenants the ability to make rent payments in various ways convenient to them – and you. With PayProp, tenants can pay via ACH debit, bank transfer or online via the Tenant portal.
Proof of payment
PayProp is a bank-integrated platform, so whatever amount is shown as paid – on the Tenant portal, a statement, or the platform – is a true reflection of the money that has been processed.
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Tenant Assessment Report
PayProp’s Tenant Assessment Report gives agents more information to vet a tenant. Our report includes not just a traditional credit score, but also rental payment data for current or previous tenancies managed by PayProp-powered agencies.
- More information than a normal credit report
- Always available for free
- The PayProp Rental Risk Score
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Integrated maintenance
PayProp’s integrated maintenance provides a simple and convenient way for you to manage maintenance and repair tickets and communicate progress. Save time by enabling tenants to log issues easily and on the go when they arise.
- Log issues with properties
- Invoices attached to tickets
- Create payments from maintenance tickets
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Proof of payment
PayProp allows agents to generate a proof of payment PDF from ABSA for any outgoing payment made through the system.
- Comes directly from the bank
- A PDF which can be printed easily
When I’m having the initial conversation with a new client, I explain the benefits – like the increased chance that tenants pay the correct rent on time because of the automatic invoices and reminders.
More features
Client communications
Automate all your payment communications and account statements at the push of a button.
Landlord & tenant benefits
The true test of PropTech value is if it can also help your clients – whether indirectly by speeding up payment processes, or directly.
Arrears management
Catch arrears before they become a problem with live payment status views. Send proactive reminders via email and text message.