Rent Collection Service
Not every landlord needs a fully managed service. If you're confident handling day-to-day property matters yourself but want the security of professional rent collection and the administrative support that goes with it, our rent collection service gives you exactly that.
This is a popular option with experienced landlords in Banbury who know their properties well and are happy to deal with minor maintenance, but who want reliable systems in place for the financial side of their tenancy. We take the hassle out of chasing rent, managing arrears, and keeping your paperwork in order.
What We Handle
Rent collection
We collect rent from your tenant on the due date each month and transfer it to your account promptly. You'll receive a clear monthly statement showing the rent received and any agreed deductions, giving you a straightforward record for your accounts and tax returns.
Arrears management
If your tenant falls behind on rent, we step in immediately with a structured follow-up process. We contact the tenant, issue formal notices where necessary, and keep you informed at every stage. Our early intervention approach means arrears rarely escalate, but if they do, we'll advise you on the next steps.
Deposit administration
We hold the tenant's deposit and register it with a government-approved protection scheme, handling all the prescribed information requirements. At the end of the tenancy, we manage the deposit return or negotiate any deductions based on the check-out report.
Tenancy renewals
When the fixed term of a tenancy is coming to an end, we'll discuss your options with you, negotiate a renewal with your tenant if appropriate, and prepare the paperwork. We'll also advise on any rent adjustments based on current market conditions in Banbury.
Landlord statements and reporting
Everything is documented. You'll have access to clear financial records that make self-assessment straightforward, and we're always available to answer questions about your account.
Who Is This Right For?
The rent collection service suits landlords who live relatively close to their rental property and are comfortable being the first point of contact when a tap starts dripping or a fence panel blows down. You might be a hands-on person who prefers to choose your own contractors and oversee any work yourself.
It also works well for landlords who have been managing their own properties for some time and have established a good relationship with reliable tradespeople. You enjoy the control of managing your property directly but want professional financial administration to back you up.
If you own a property nearby and have the time and inclination to stay involved, this service lets you keep that involvement while removing the most time-consuming administrative tasks.
What’s Not Included
It’s important to be clear about the boundaries. The rent collection service does not include property inspections, maintenance coordination, or compliance management. If a boiler breaks down, your tenant will contact you directly and you’ll need to arrange the repair yourself.
If you later find that you’d prefer someone else to handle those aspects, upgrading to our full management service is straightforward. Many landlords start with rent collection and move to full management as their circumstances change, perhaps after relocating further away or taking on additional properties.
Our Fees
Our rent collection fee is lower than our full management fee, reflecting the reduced scope of the service. It’s charged as a percentage of the monthly rent, and we’ll confirm the exact rate when we discuss your property. There are no hidden charges, and we’ll always be upfront about what’s included. Get in touch for a quote.
Talk to Us
If you think rent collection might be the right level of support for you, call us on 01295 275 909 or drop into our office at 3-4 Horse Fair, Banbury. We’re happy to talk through the options and help you decide which service fits your situation. If you’re not sure yet whether you need rent collection or full management, that conversation costs nothing and we’ll give you an honest recommendation.
Explore Our Other Landlord Services
- Overseas Landlords
- Buy to Let
- The Tenant find and Install Service
- Full Management plus
- The Full Management Service
Areas We Cover
We manage properties across Banbury and the surrounding villages including Bloxham, Adderbury, Deddington, Bodicote and Kings Sutton.
Ready to get started? Contact our Banbury lettings team or call 01295 275 909.