PayProp

PayProp

About PayProp

PayProp is an automated payment and reconciliation platform specific to the lettings industry that is both easier to use and more powerful than solutions offered by banks and traditional software vendors.

Our history

PayProp was launched in 2004 and has quickly grown to become one of the largest processors of rental payments for the property management industry.

In the United Kingdom, PayProp is recognised as a Platinum Industry Approved Supplier by ARLA Propertymark and sets the standard for speed and accuracy of payments, cost and payment status transparency, complete transactional control, and regulatory compliance.

PayProp is part of the Humanstate Group, an international company with subsidiaries in the United Kingdom, Switzerland, Canada and South Africa.

For more information, visit: www.payprop.co.uk

Quick stats

  • Launched in 2004

  • £2.3 billion processed

  • 500,000 tenancies

  • Bank-grade security

  • A Humanstate company

Contact us

44 London Road, Sevenoaks

Kent, TN13 1AS

United Kingdom

+44 (0)20 3740 7614

 

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Latest Sponsored Articles

You don’t have to simply accept things as they are when it comes to managing your client accounts. If your bank won’t keep your account open, or you find yourself buried in manual tasks and inefficiencies or relying on third-parties, ...
Let's be honest – landlords are the lifeblood of any letting agency. Winning and keeping their business keeps the wheels turning and the doors open. But are your banking practices doing justice to this vital relationship? ...
A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this vital bank account open can trip some agents up. However, ignorance is no excuse. ...
In the face of stretched incomes, rising interest rates and escalating consumer prices, an increasing number of tenants are at risk of falling behind on their rent. ...
The Renters (Reform) Bill rewrites many of the rules that the private rented sector has played by for decades. This may have come as a blow to many, but the legislative process hasn’t run its course and you can still ...
PayProp is known for its award-winning rental payment platform, which combines bank-integrated client accounting with automation to save letting agencies time – enabling faster growth, increased customer satisfaction and improved work-life balance. ...
It’s no secret – 2023 is a difficult year for the property industry. While rising rents should lead to increased income from commission, a slowdown in the sales market means that agencies are having to rely more and more on ...
Any lettings portfolio should receive ongoing care and maintenance. A disorganised portfolio, weighed down by junk data, loose ends or lax processes enabling wrongdoing, can disrupt the flow of operations, reduce productivity, expose the business to risk and ultimately cause ...
At PayProp, customer service is a top priority. Our UK-based platform experts are always ready to go the extra mile to solve clients’ issues. It’s why our clients have consistently voted us Best in Sector – Payment Services at the ...
The law is clear – agencies in England, Scotland and Wales need a valid client money protection (CMP) policy to protect their client’s money just in case things go wrong. And while the vast majority of agents have coverage, those ...
The private rented sector is enjoying record demand. According to Hometrack, rental enquiries per estate agency branch were 46% higher in December 2022 than they had been throughout the previous five years. ...
Does the lettings industry cater properly for agents' needs? There’s only one way of knowing – asking you directly. ...
According to the Association of Certified Fraud Examiners, organisations worldwide lose $4.7 trillion to fraud each year, with real estate suffering the highest median losses. Letting agencies are particularly at risk, as they handle large amounts of client money on ...
With one of the world’s most successful vaccine rollout programmes under way in the UK, the chances of a complete lockdown – where agencies are forced to close – are hopefully slim. However, it doesn’t hurt to be prepared! ...
As lockdown – Season 2, the sequel no one asked for – gets underway in England, landlords, tenants and agents will be concerned over rental payments as people batten down the hatches and retreat indoors for at least the next ...
Many have speculated, though much of it is anecdotal – how is the UK rental market coping with the fallout from COVID-19, and what’s likely to happen as lower levels of restriction persist? ...
With confirmation that Section 21 will be scrapped, how can agents get ready for life after no-fault evictions? ...
Professional client account solutions for modern letting agents ...
 – use technology to build a trusted brand as a people-focused custodian of client money ...
At PayProp we recognise that it’s the hard-working agents and other staff that make the industry a success, so training should be a priority when recruiting a new member of staff. ...
Sometimes, running a lettings agency can feel as if you’re losing control of client money. ...
The death of the high street agency is a familiar headline, but PropTech can lower costs for bricks-and-mortar agencies and help level the playing field in the stand-off with online-only agencies. ...
20% more landlords* are struggling compared to last year. They’ve been caught in a perfect storm of higher interest rates, bigger tax bills and ever-increasing numbers of tenants in arrears**. All this makes your role as a letting agent more ...
PayProp clients power through their monthly invoicing, collections, settlements and payouts in just a few clicks – whether they're managing 1 property or 1,000. No wonder they have more time to grow!*   Our clients say it best: ...
How much more of it would you have if you could do all your month-end payments and reconciliations in a couple of clicks? PayProp is the leader in rental payment automation. Our platform combines lettings portfolio management, accounting and banking ...
Your buy-to-let investment is an extremely valuable asset and you need to know the income generated from it will be safely administered by your managing agent. That is why dependable agents choose PayProp to process all their rental receipts and ...
PayProp had an exceedingly good 2017, enjoying excellent growth in client numbers, new regions – and, best of all, our customers’ rent portfolios and processing volumes! ...

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Latest Sponsored Articles
You don’t have to simply accept things as they are...
Let's be honest – landlords are the lifeblood of any...
A client account is essential to your lettings business, but...
In the face of stretched incomes, rising interest rates and...
The Renters (Reform) Bill rewrites many of the rules that...