Just like with online reservations, online rent payments for long-term rentals become mandatory

We told you here that as of 1st January, online reservations have become mandatory on Roomlala. In line with this news, we would also like to inform you that the online rent payments for long-term rentals will now be mandatory beginning 12th February 2019.

How does that work?

It's really simple! As requested by the majority of our landlords, Roomlala now makes it easy for you to manage rent payments and secure your rentals.

Thus, as soon as you confirm a reservation for a long-term rental, Roomlala takes care of everything:

Sending rent calls and reminders to the tenant
Secure payment
Payment of rent to the landlord
Generating rent receipts / invoice for the tenant

Bonus: thanks to rent payments, you continue to benefit from the insurance included during the reservation!

In short, what does that look like?

Let's take an example! You confirm a reservation starting 1st May and ends in 31st October.

At the moment of reserving, the tenant pays for the rent of May strictly online
The first month's rent will thus be transferred to the landlord 48 hours after the tenant's arrival
As the rent payment deadline for the month of June approaches, the tenant will receive a rent notice
The tenant pays their rent for June online and will receive a rent receipt
The transfer of the rent will be made to the landlord within 48 hours
As the rent payment deadline for the month of July approaches, the tenant will receive a rent notice
And so on until October.

What happens to members who refuse to use Roomlala for rent intermediation?

Mandatory online rent payment means that landlords have to remind their tenants that the rent payment must be made strictly through the Roomlala platform. For tenants, this means that they must pay their rent online and respect the deadlines set by the Payment timeline. This obligation comes under the general conditions of use of Roomlala, and we will not hesitate to intervene if some users do not respect it. They will first receive a warning and, if this happens again, we reserve the right to exclude them from our platform.

For more information, feel free to visit our Help Center, specifically the following articles related to the subject: What are the service fees for / what is Roomlala commission? What are the tenant's service fees / commission on long-term rentals for? What are the landlord's service fees / commission on long-term rentals for?

Where to live in London: A guide

When planning on moving to the Big Smoke, or simply deciding to move to a new area, it can be difficult to figure out where to live in London as the huge amount of choice can be overwhelming, especially if you don’t know the city very well. Whether you’re looking for accommodation in East London, West London, North or South, there’s something for everyone. Students With universities all around the city, students in London are all spread out, just like student housing in London is too. Stud...

House rules to roommate agreements: A guide to life as a flatmate

Whether moving in with people you already know or with complete strangers, flatmate life can be a great experience, but also sometimes a messy one if you’re not careful as living in close quarters can often lead to the odd argument. However, if you follow our tips, you’ll be living in harmony. Set house rules By setting house rules right at the beginning, everyone is on the same page from day one regarding what is expected of themselves and each other. These can include who does which chor...

Buying rental property: How the buy to let scheme works

Buying rental property can be a great investment but, it can also be daunting if you don’t know where to start. The buy to let scheme offers mortgages to people who want to buy a house or flat in order to rent it out. These mortgages are slightly different to normal ones, and often have different requirements and rules. However, like normal mortgages, the buy-to-let scheme lets you buy a property without having to save up to pay it all at once. What’s the difference between a buy-to-let (BTL)...

What to include in your house viewing checklist

If you’re looking for a room, house or flat, it’s likely that you’ll want to go see the property before you sign the rental contract. This might be daunting, especially if it’ll be the first time you’ve gone to a viewing, which is why we’ve created this house viewing checklist to ensure you know everything you need to ask and look for. Things to look out for Potentially the most important part of this house viewing checklist, the things you see (and often hear) can be the biggest tell-tale...