Learn how to create a rental application.
Our application process is fully customisable, allowing you to effortlessly tailor each journey to the exact requirements of your customers and landlords. Whether you’re dealing with tenancies in the PRS, BTR, PBSA, or co-living sectors, Yorlet Leasing can adapt to a variety of tenancy types, providing your team with a reliable and repeatable process.
Once you have completed this process, your customers will be automatically emailed an onboarding link giving them access to the Application Portal. You can always resend this link or generate a fresh one at any point from the application summary page.
Depending on your rental application setup, customers may be prompted to make several payments in the application portal to secure the tenancy. You can easily configure these payments using the Calculate payments button during application creation. The default calculation is as follows, but you have the flexibility to customise these values:
It’s important to note that the holding deposit and move-in payment contribute as a credit towards the rental contract. You can leverage this by using the move-in payment to facilitate a large upfront financial commitment. For example, if you collect rent monthly but require a 6-month upfront commitment, setting the move-in payment to 6 months applies a credit to your customer’s account. They won’t be billed until the sixth month of their tenancy, at which point monthly billing will commence.
Yorlet ensures compliance at every step by addressing the following requirements:
For certain applications, you may require a guarantor to mitigate risk. Adding a guarantor is simple: after creating an application, navigate to the application page, and access the overflow menu (•••) related to the applicant. From there, select Add guarantor.
If you need to collect an ad hoc payment for a holding deposit, move-in payment, or deposit, you can utilise Payment Sessions. This feature may come in handy if you accidentally forget to calculate an application payment or require further payment from your customer.
Learn how to create a rental application.
Our application process is fully customisable, allowing you to effortlessly tailor each journey to the exact requirements of your customers and landlords. Whether you’re dealing with tenancies in the PRS, BTR, PBSA, or co-living sectors, Yorlet Leasing can adapt to a variety of tenancy types, providing your team with a reliable and repeatable process.
Once you have completed this process, your customers will be automatically emailed an onboarding link giving them access to the Application Portal. You can always resend this link or generate a fresh one at any point from the application summary page.
Depending on your rental application setup, customers may be prompted to make several payments in the application portal to secure the tenancy. You can easily configure these payments using the Calculate payments button during application creation. The default calculation is as follows, but you have the flexibility to customise these values:
It’s important to note that the holding deposit and move-in payment contribute as a credit towards the rental contract. You can leverage this by using the move-in payment to facilitate a large upfront financial commitment. For example, if you collect rent monthly but require a 6-month upfront commitment, setting the move-in payment to 6 months applies a credit to your customer’s account. They won’t be billed until the sixth month of their tenancy, at which point monthly billing will commence.
Yorlet ensures compliance at every step by addressing the following requirements:
For certain applications, you may require a guarantor to mitigate risk. Adding a guarantor is simple: after creating an application, navigate to the application page, and access the overflow menu (•••) related to the applicant. From there, select Add guarantor.
If you need to collect an ad hoc payment for a holding deposit, move-in payment, or deposit, you can utilise Payment Sessions. This feature may come in handy if you accidentally forget to calculate an application payment or require further payment from your customer.