Introducing Rent Upfront: flexible payment options for tenants and landlords

Many tenants, landlords and agents have been in the unfortunate situation where promising tenancies have fallen through due to mismatches in payment requirements — landlords would like to get paid upfront whereas tenants prefer to pay their rent monthly.

To address this issue, Scraye is introducing Rent Upfront — flexible rent payment options to bridge the gap between tenant and landlord requirements. With Rent Upfront, Scraye swap monthly rent into an upfront payment instead, together with a service fee charged either to the landlord or the tenant.

Here are a few examples where this has come in handy on the tenant side:

• Freelancer and independent contractors
• Students
• First-time renters or having recently arrived to the UK

For landlords and agencies, Rent Upfront allows you to safely accept a wider pool of tenants. Keep in mind the service works on both new as well as ongoing tenancies, so there is also the opportunity for landlords to free up capital to spend on other expenses.

Interested in learning more? Find out more on the below links or get in touch at finn.harman@scraye.com:

• For tenants: pay rent monthly instead of upfront
• For landlords: get paid upfront on any tenancy
• For agencies: build your business with Rent Upfront