How to pay a lump sum amount of advance Rent

The option to 'pay an advance lump sum' allows you to pay a large amount of rent which will move your paid to date into the future. The cleared funds will be receipted as rent and allocated for payment to the owner. The rent is not held as a balance.

Your rent will be due for payment again when your future paid to date is reached. You can make another lump sum payment before rent is due again by repeating the below steps at any time.

This payment is controlled by you in your tenant app/portal and cannot be completed by your property manager. You must have existing Direct Debit (bank account) or Card details registered for rent payments before setting up additional payments.

How to make an advance lump sum payment

Log in to your tenant mobile app or desktop portal.

Steps:

1. Select 'RENT' from the menu

   

    

2. Press the button 'I want to pay more'

   

    

3. Select 'For Rent'
   
   

   

    

4. Choose 'Advance Rent'
   
   

   

    

5. Press 'Lump Sum'
   
   

   

    

6. Enter in the total $ amount of rent you wish to pay and press submit

   

What happens next?

The lump sum amount will be debited from your nominated bank account or card at the time of the next payment. You will be provided with a rent receipt and your paid to date will move into the future, accounting for the amount of rent you have paid.

E.g. Rent is $400 p/week and you make a lump sum payment of $10,400. This is equivalent to 26 weeks rent and the new paid to date will move 26 weeks (6months) into the future.

If you are unsure of how much rent to pay you to a certain date, here are some simple calculations:

Weekly rent amount / 7 = daily rent amount.

daily rent amount x 365 = yearly rent total

yearly rent amount / 12 = monthly rent amount.

Use your monthly rent amount to pay an exact period of rent by multiplying it by the number of months you wish to pay in advance.

Rent Support

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