When and how does the rent money get paid into my account?
Rental Disbursements are conducted fortnightly or at the end of the month, depending on which suits your mortgage. We ask that your mortgage payments are always in advance to allow for any delays with disbursements or receipt of rent. You will be sent or emailed a statement and any invoices for maintenance relating to that disbursement.
Our property management department will transfer funds from our Trust account to you overnight through EFT banking on the first business day following the fortnight or end of month payment. This means we can deposit your rental income into your bank within 24 hours of the statement being produced. Your rent has been banked by the time you receive your statement. There is no charge for this service.