The problem with renewing a tenancy is that you don’t know if the tenant’s credit profile weakened over the last year, which is a major risk for our clients (and theirs in turn).

That was the thinking behind the launch of PayProp SA’s ‘re-check before you renew’ functionality. Now our South African clients can quickly and easily perform Tenant Assessment Reports on tenants whose leases are expiring, greatly reducing the risk of non-payment. Plus, they can automatically recharge the costs of doing so to the tenant.