With more than a quarter of a million people currently homeless in the UK, a rise of more than a third since 2010, and the rough sleeping figure predicted by homelessness charity Crisis set to rise by 76% in the next decade without workable solutions, it has never been clearer that more needs to be done to protect vulnerable tenants and support local governments and landlords.
Global 365’s Rent Payments Management System (RPMS) has been designed to create effective, long lasting solutions to the administrative, budgeting and non-payment issues currently facing the rental accommodation system, including:
Ensuring that citizen’s benefit payments reach the landlord in a timely way - Creating a reliable record of rent payments that citizens can use as a reference when applying to a new landlord or obtaining a mortgage - Making it possible for landlords to receive rent payments on time from tenants who wish to pay using various payment methods including cash
What our Rent Payments Management System (RPMS) does:
Ring fences benefits payments for rent, empowering low income tenants to budget • Provides an independent record of rent payments made to protect both landlords and tenants • Enables both landlords and tenants to choose to receive cash payments or initiate the collection of payments from tenants’ bank and building society accounts • Reduces both administrative costs and the likelihood of error, automating full auditing and reporting for funds providers • Creates enhanced security of tenure and peace of mind for tenants • Provides improved security and cash flow for landlords • Helps low income tenants and families to access accommodation without prejudice
Benefits to citizens:
Benefits to funds providers
Benefits to landlords