PAYDAY
The 'PayDay' package is a market leading initiative Peter Alan are offering to all landlords interested in taking up our full management service. It is a hassle free and provides landlords with peace of mind when renting their property.
What is PAYDAY?
Payday is a rental guarantee scheme for Landlords that is exclusive to Peter Alan. If you take up our management service at 12.5% we can guarantee your rent will be paid every month, even if your tenant defaults*
Why is PAYDAY different to other Rental Guarantee Schemes?
If your tenant defaults on the rent, Peter Alan will ensure your cash flow is not impacted by paying you the landlord on or around the same day every month**
In the event of the tenant defaulting Peter Alan will manage the arrears and payments process on your behalf to ensure your peace of mind.
Unlike other guarantee schemes there will be no delays in payment or excess payable.
‘PayDay’ provides Landlords with assistance to recover possession of the rented property and 75% of the rent for up to two months until the property can be re-let.
So why not sign up today?
Contact your local branch for more information.
*Subject to Terms & Conditions
** The Agent will be unable to pay rent under the plan on the agreed rent due date if any one of the following applies: The agreed rent due date falls on a Public Holiday or non Working Day or a day when the Agents office/s is closed for what ever reason, the third party banking system has failed or the Agent’s accounting software has failed.