Skip to main content
← All features

Core Features

Rent tracking

Record bank-transfer instructions and mark rent received. Pay-by-Bank to the landlord IBAN.

Last updated 19 September 2026

Start 14-day trial

What this tool does

Track rent on the homes you already let. Tenants pay by bank transfer using your IBAN and a payment reference. Optional Direct Debit names you as the creditor. Mark received, issue receipts, and split houseshare amounts.

What you can do

  • Record your IBAN and a payment reference
  • Pay-by-Bank marks received when the payment lands
  • Issue a receipt from the payment you recorded
  • Reminders you configure
  • Optional Direct Debit names you as creditor
  • Houseshare splits you record

How rent tracking works (you collect)

  1. 1

    Record your IBAN and reference

    Save the account tenants should pay and a payment reference.

  2. 2

    Tenant sees the same instructions

    The tenant portal shows your IBAN and reference. They pay that account from their own bank.

  3. 3

    Mark rent received

    When the money arrives in your bank, you mark it received and can issue a receipt.

  4. 4

    Optional Direct Debit

    If you use Direct Debit, you are the creditor.

How landlords use it

Busy Landlord

If you let a few homes yourself, record how they pay you and mark each month received. You still chase anything that does not arrive.

Letting from abroad

If you live away from the property, tenants still pay your IBAN. You mark each payment when it lands.

Houseshare

Record how housemates agreed to split. They still pay your account.

Questions

What payment methods do you support?

Bank transfer to the landlord is primary. Optional Direct Debit names the landlord as creditor.

What are the fees for payment processing?

Bank transfers to your IBAN have no SmartRent fee. We do not take a cut of rent. Any bank charges are between you and your bank.

What happens if a payment fails?

The tenant is notified immediately via email and SMS. They can update their payment method and retry. After 3 failed attempts, you're notified to follow up.

Can I offer payment plans?

Yes! You can set up custom payment plans for arrears or deposits, with automatic instalments and tracking.

Use Rent tracking on a 14-day trial

Same tools on every plan. No card to start. Stay compliant with RTB rules.

Start 14-day trial