Direct Debit for Landlords & Lettings
London & Zurich gives property managers and letting agents a smarter way to collect payments, with automated Direct Debit that runs on time, every time.
The real challenges of rent collection
Property management runs on reliable income. But between late payers, mid-tenancy changes and the administrative burden of chasing arrears, rent collection can quickly become one of the most draining parts of running a lettings portfolio.
Manual payment methods like standing orders and bank transfers put control firmly in the hands of the tenant. When a payment doesn’t arrive, you’re left chasing, eating into time that should be spent on maintenance, compliance and growing your portfolio.
The risks compound quickly. Arrears left unaddressed lead to increased dispute risk, strained relationships and, in the worst cases, costly legal proceedings. For letting agents, a single late payer can impact the landlord’s mortgage payments and risk damage to the relationships your business depends on.
Direct Debit places control back where it belongs
You set the amount and collection date, and payments arrive automatically, giving you the cash flow predictability and audit trail that property management demands.
How London & Zurich supports property and lettings businesses
Automated rent collection
Set up Direct Debit instructions for each tenancy and let the collections run automatically each month. No standing orders to monitor, no bank transfers to chase, just consistent, reliable payments.
Mid-tenancy payment changes
Rent increases, deposit adjustments or additional charges can all be managed within your Direct Debit setup. Our team walk you through the process, and the Direct Debit Guarantee protects your tenants throughout.
Multi-property management
Whether you’re managing five properties or five hundred, our platform scales with your portfolio. A clear, easy-to-use portal gives you full visibility of every collection, every mandate and every payment status across all your properties.
Failed payment management
When a payment does fail, you’ll know immediately and our system makes it straightforward to re-present or notify tenants promptly. Fewer failed payments, fewer awkward conversations.
Secure, scalable financial control & full transaction visibility
Easy reconciliation of cash flow and assets
Our online platform delivers clear reports that can be tailored to show the exact information to conduct fast, effective audits at any time.
Visibility of transactions
The central reporting suite doesn’t miss a beat and you’ll be able to monitor all transactions made through all your payment channels in one place.
Secured client accounts
As a Bacs Approved Bureau, we adhere to GDPR rules in managing all data and use measures like Multi-Factor Authentication (MFA) to keep payment data safe.
Scalability
One size does not fit all, and we’ll provide a solution that suits your needs, whether you’re a single-property landlord or a multi-property concern.
It's never been easier
Setting up Direct Debit and card payment services through London & Zurich means, as well as getting paid quickly and on time, you enjoy all the other benefits of our service.
We prioritise security and compliance in handling payments and our systems ensure the safe storage and protection of financial, personal, and corporate information.
To keep payment data safe, we use security measures like Multi-Factor Authentication (MFA) and store information exclusively on UK servers. We adhere to GDPR rules in managing all data and our Bacs Approved Bureau status subjects us to regular inspections, ensuring we consistently meet high standards in security, confidentiality, integrity, and service availability. To find out more about security, head over to our dedicated page.
The smooth running of your payment collections is our priority. We place a great deal of importance on our personal approach to customer service and problem solving, and welcome your feedback. We like to build great relationships with our clients and our team will always be at the end of the phone.
It’s never been easier to set up with London & Zurich. Talk to our friendly support team today and let us know what you need.
Property FAQs
Payment Solutions
More from L&Z
Make rent collection easier and more predictable with automated direct debit payments for your properties. Our team will guide you through setup so you can start collecting payments with minimal effort.
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Ready to make Direct Debit work harder for your business?
London & Zurich offers a tailored, dependable solution to help your money reach your bank quickly. Talk to us today about our Direct Debit services. No pressure, no jargon – just expert advice from a team that genuinely cares about getting your payments right.