uselatch
FINANCIAL MANAGEMENT

Rent collection on
autopilot.

Stop chasing payments. Latch automatically detects bank transfers, matches them to tenants, and keeps your books perfectly up to date.

Before & After

The old way vs the Latch way.

Stop chasing tenants and wrestling with spreadsheets. Let Latch handle rent collection automatically.

Without Latch

Manual rent chasing

  • Manual spreadsheet tracking every month
  • Chasing tenants via texts and phone calls
  • No visibility on who has actually paid
  • Late payments slip through the cracks
  • Hours wasted on rent admin every month

With Latch

AI-powered collection

  • Bank transfers auto-detected and matched
  • AI identifies tenant, property, and lease
  • Real-time collection dashboard for every property
  • Smart overdue alerts with graduated escalation
  • Zero manual work — rent collection on autopilot
How It Works

From bank transfer to done.

Four steps. Zero manual work. Every pound accounted for automatically.

Bank Transfer Arrives

Connected via Open Banking. Transactions sync automatically from your bank.

+£1,200ref: SMITH-OCT
Barclays · Current

AI Detects & Matches

AI matches the payment to the right tenant, property, and lease.

Matching…

Payment Recorded

Logged against the correct period with full audit trail.

Amount£1,200.00
Date1 Feb 2025
PeriodFebruary

Receipt Generated

Branded PDF receipt sent to the tenant automatically.

Generating…
Landlords save 15+ hours per month on rent admin
Dashboard

Complete visibility over every pound.

See who has paid, who is overdue, and your total collection rate at a glance. No more spreadsheet tracking or guesswork.

Collection Rate

94%

Total Collected

£18,250

Overdue

£1,750

Monthly Collection

Jan
97%
Feb
94%
Mar
67%
Key Benefits

Built for effortless collection.

Automated Payment Detection

AI monitors your bank feed and automatically matches incoming transfers to the correct tenant and lease.

Real-Time Collection Dashboard

See exactly who has paid, who is overdue, and your total collection rate across every property.

Flexible Payment Methods

Accept rent via bank transfer, card, direct debit, or even cash. Every payment is logged and tracked.

Smart Overdue Alerts

Receive instant notifications when rent is late and let Matt handle follow-up reminders automatically.

Smart Automation

Never chase rent again.

Set it once and forget it. Latch sends polite reminders before due dates, escalates automatically when rent is overdue, and logs everything so you never have to lift a finger.

Pre-due date courtesy reminders
Graduated escalation (Day 1, 3, 7, 14)
Customisable tone and messaging

3 Days Before

Courtesy reminder sent

Due Date

Payment expected

Day 1 Overdue

Polite reminder via email & SMS

Day 7 Overdue

Follow-up with payment link

Payment Received

£1,200 recorded. Receipt sent.

0hrs

Saved per month on average

0%

Collection rate for active users

0 days

Faster payment turnaround

Capabilities

Everything you need, built in.

Auto-detect rent payments from connected bank feed
AI-match payments to correct tenant, property, and lease
Track collection rate across your entire portfolio
Accept rent via bank transfer, card, direct debit, or cash
Smart overdue reminders with graduated escalation
Branded PDF receipt generation sent automatically
Full payment history with complete audit trail
Per-property and per-tenant income reporting
Deposit tracking with protection scheme references
Handle partial payments and overpayments gracefully
Your Data, Protected

Financial data secured to bank-grade standards.

Latch never stores your banking credentials. All bank connections are handled through Open Banking with enterprise-grade encryption and read-only access to your transaction data.

Bank-grade encryption (256-bit AES)
Open Banking — read-only access
GDPR compliant data handling
SOC 2 compliant infrastructure

Ready to automate your rent collection?

Join hundreds of landlords who never chase rent again. Start your free trial today.

30-day free trial
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