emily barratt emily barratt

Are direct debits the way forward?

There has been a long-standing debate between the use of direct debit and standing order rental payments, with agents liking the flexibility and control of direct debits, while tenants enjoy having peace of mind knowing their rent payments are taken care of. However, agents worry about having to pay the Direct Debit back if the tenant raises a claim and the tenant worries about handing over control. But, is this myth or fact?

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