The tenancy agreement requires that the rent is paid on time in line with the date agreed in the tenancy agreement.
Any late rental payment will incur interest for the late payment of rent 3% above Bank of England base rate.
At move-in, we will give you a Standing Order form to take to your bank to set up a Standing Order. This will have your bank details, the landlord’s bank details and the information needed by your bank to send your rent payment to the correct account, on your rent due date, every month.
This is not a direct debit
You will need to check with your bank, that this is set up, 2 weeks after your contract starts.
Northwood’s bank details are;
Account number –41924886
Sort code –60-06-39
Reference –PN _ _ _ (The office will advise on your PN number)
You can also pay in office and over the phone by card or via PayPal
Either visit this link paypal.me/northwooddoncaster or scan the QR code below
It is the tenants responsibility to cancel a standing order, in the last month of their tenancy, once the final rental has been paid. If this is not cancelled, your rent will still be paid to us after your tenancy has ended.
Housing Benefits
We do accept tenants in receipt of housing benefit with a valid guarantor, however Northwood will expect rent to be paid on time and in full regardless of the timings and amounts of any housing benefit received by the tenant.
It is the tenants responsibility to manage their own finances and ensure they have enough money including any top up when it falls due.
Any late rental payment will incur interest for the late payment of rent 3% above Bank of England base rate regardless of how a tenant funds their rent payments.
