Understanding your landlord statement

Your landlord statement

Your landlord statement gives you a clear view of your property’s financial activity.

It shows the rent received, any deductions (such as fees or repairs), what’s been paid to you, and what remains on your account.

All invoices are included for full transparency - these are for reference only and do not represent additional charges.

Use the guide below to understand each section, and if anything isn’t clear, our team is here to help.

Understanding your rental statement

1. Opening balance - The balance carried forward from your previous statement.
2. Income - All rent received during the period. For overseas landlords, this will also include any applicable tax credits.
3. Expenditure - Any costs deducted from income, including management fees, maintenance invoices and any required tax deductions.
4. Landlord payments - Payments transferred to your bank account during the statement period.
5. Closing balance - The remaining funds held on your account. This may include retained balances for works, float, or any interest earned.
6. Invoices - A detailed breakdown of all invoices linked to your account. These correspond with entries in your statement and are provided for clarity and accounting purposes - not as additional charges.

If you have any questions about your statement, please contact our accounts team at [email protected]