Paying your rent via Standing Order

One important thing that you will need to set up is your payment of rent each month.

Rent must be paid via Standing Order. A Standing Order is an instruction from you to your bank for regular payments to another account. You can set it up online, at your bank’s local branch, or via phone, by providing the details below.

Once you’ve set one up for the whole house this will ensure your rent is automatically paid in one lump sum for the duration of your tenancy - saving you the hassle of contacting us every month.

Details you'll need for setting up the standing order:

Recipient Name: CPS Property Management Ltd

Account Sort Code: 30-98-94

Account Number: 02889224

Individual Reference: – Check the ‘standing order set up details’ page of your contract for this information (do not use a random reference as we will be unable to locate the payment!). You should have received a digital copy of your signed contract from DocuSign upon us counter-signing the documents, but if you can’t locate the email, please contact us on 02920 454555 or at roath@cpshomes.co.uk.

Payment date, amounts and frequency: Check page 3 of your occupation contract or email roath@cpshomes.co.uk if you cannot locate it.

Important things to note (please read in full)

A Standing Order can only be set up to make multiple payments on a recurring basis. If you need to make a one-off payment (for example, if there's one month where it's been agreed you’re paying a reduced rent as part of a permitted variation to your contract), you should set it up separately and then arrange for subsequent payments to be made through a standing order.

We recommend verifying the Standing Order before the first payment and confirming the debit of funds from your account. Subsequent payments will then continue as normal, as long as there are sufficient cleared funds.

For further enquiries, contact our team at Albany Road via roath@cpshomes.co.uk or call 02920 454555.