Run owner operations without the spreadsheet handoffs
Onboard landlords and suppliers, verify their details, manage ownerships and collections, issue statements, prepare payment runs and keep tax records together. With Yorlet Billing, collected rent is allocated to the right owner balance from the moment it is paid.
Onboarding
Collect owner and supplier details through a hosted journey, with KYC, AML and bank validation.
Statements
Issue branded statements showing balances, income and deductions by property or portfolio.
Payment runs
Review amounts due, account for fees and deductions, and prepare landlord and supplier payouts in bulk.
Rent allocation
Use active ownership records to route collected rent and split jointly owned property income.
One record from onboarding to payout
Start with verified owner, supplier and bank details, then connect them to the right properties. Billing collects the rent; Owners allocates each paid invoice to the correct owner balances, applies fees and deductions, produces the statement and moves approved amounts into a payment run.
Collected rent already knows where it belongs
Yorlet Billing raises and reconciles rent invoices against the property. When an invoice is paid, Owners uses the active ownership structure to credit the right owner balances — including percentage splits where a property has more than one owner.
Route paid rent from each invoice line to the owners attached to that property
Split jointly owned income using the recorded ownership percentages
Keep part payments allocated through the same ownership structure
Itemise management fees and other deductions before payout review
Rent allocation
23 Dayton Road
Rent collected
£1,800.00
Alice Long
60% ownership
£1,080.00
Long Family Trust
40% ownership
£720.00
Ready for owner accounting
Fees and deductions stay itemised for statements and payment runs.
Collect the right owner details from day one
Send a hosted onboarding link and keep legal information, bank details, verification status and ownership records together for your team.
Onboard new owners with hosted onboarding links
Collect bank account information securely
Run KYC and AML checks and collect non-resident landlord tax information
Open Living
Your information
Give every owner a clear statement
Create branded statements from the collection, fee and deduction records already held in Yorlet, on the schedule your business uses.
Show balances, income and any deductions
Broken down by property or portfolio
Branded to your business
Owner statement
Statement for period
1st Jan 2024 - 31st Jan 2024
Total rent
£1,000.00
Total fees
£100.00
Total deductions
£50.00
Total paid
£850.00
Review and pay in organised runs
Bring approved owner and supplier balances into a payment run, review what is due and produce the right output for your payout process.
Bulk payouts for landlords and suppliers
Support for BACS & Sage files
Include contractors and suppliers in payment runs
Owner payouts
| Description | Owner | Status |
|---|---|---|
| Rent for 23 Dayton Road | Alice Long | Pending |
| Maintenance for 12 Parkthorn Av | Doe Co Ltd | Paid |
| Rent for 76 Chess Street | John Doe | Paid |
| Service charge for 43 New Park | Manage Co Ltd | Paid |
Manage landlords, suppliers and owner accounting in one place
Owner management
Hosted onboarding links
KYC & AML checks
Bank account validation
Property ownership
Multi-entity ownerships
Pay funds to multiple bank accounts
Property management agreements
Ownership records by property
Collections
Rent allocation from Billing
Ownership percentage splits
Expense deductions
Fees deductions
Service deductions
Payment routing
Tax records
Non-resident landlord tax details
Tax forms and filings
Ownership and payout records kept together
Yorlet Owners questions
- What does Yorlet Owners manage?
- Yorlet Owners manages landlord and supplier onboarding, KYC and AML checks, property ownerships, collections, subscriptions, statements, payment runs, payouts, and owner tax forms and filings.
- How are new owners onboarded?
- Send a hosted onboarding link to collect legal, contact and bank details, complete the required KYC and AML checks, and record the ownerships that connect each owner to the relevant properties.
- Can we pay multiple owners together?
- Yes. Payment runs bring the amounts due together so your team can review and make owner payouts in bulk.
- How do Billing and Owners work together?
- Yorlet Billing collects and reconciles rent against the relevant invoice and property. Once paid, Yorlet Owners uses the active property ownership records to allocate the rent to the correct owner balances, including percentage splits for jointly owned properties. Management fees and other deductions remain itemised before the balances move into statements and payment runs.
- Does Owners support owner tax work?
- Yes. Owner records hold the tax information needed by the business alongside the underlying ownership, collection and payment data, including the records used for non-resident landlord tax forms and filings.