Product Update - Improved Payments and Tenancies

LONDON – 27th November 2025 – August, the all-in-one rental app for small landlords, today unveiled a major upgrade to its Rent Payments engine, designed to make tracking rent clearer, faster and far less manual for every type of landlord.

The signification update gives landlords a smarter way to handle real world rent scenarios, from split and irregular payments to agent fees and partial months, while reducing reliance on spreadsheets and manual reconciliations.

Problem

Most landlords do not see “perfect” rent payments every month. Instead, they have to juggle:

• Tenants paying on different days and schedules

• Advance rent, partial months at the start and end of tenancies

• HMOs and split payments across multiple tenants

• Agent fees that need to be deducted before rent lands in their account

• Deposits that must be accurately recorded

These messy realities create a heavy administrative burden, forcing landlords into complex spreadsheets, inconsistent records and time-consuming manual checks.

Solution

August’s new Rent Payments engine is built to handle the messy reality automatically and improve over time. It mirrors how tenants actually pay, learns payment patterns, and uses AI to match and flag transactions so landlords can stay in control with far less manual work.

Key Features

1. Flexibility & automation

August now lets Rent Payments reflect real-world payment behaviour:

• Flexible payment schedules – support for any schedule, including weekly, fortnightly, four-weekly, calendar monthly and more.

• Learning payment patterns – August learns how each tenant actually pays and adapts future expectations automatically.

• Built-in pro-rata calculations – automatic handling of partial months for move-ins and move-outs.

• Automatic agent fee handling – set your management fee once and August will calculate and deduct it from every relevant payment.

• Support for complex scenarios – split payments, advance rent, HMOs and part payments are all handled in the background.

2. Smarter, AI-powered matching

More payments now match themselves with zero manual work:

• Improved automatic matching accuracy – more payments are matched to the right tenancy, agreement and period straight away.

• AI-powered problem detection – when something looks off, August flags it and guides landlords through simple options to fix it.

3. Transparency & control

Landlords stay fully in control and can always see what is happening:

• Confidence scores for each payment match – see at a glance how confident August is in every suggestion.

• Clear explanations – every suggested match includes a short explanation of why it has been proposed.

• Manual overrides when needed – quickly assign a transaction to a different tenant, agreement or period.

• Reject & review history – reject suggestions and see the full history of changes for each transaction.

• Powerful search – search across all transactions to find specific payments, tenants or properties in seconds.

Impact for landlords

With this release, Rent Payments in August is designed to:

• Eliminate dependency on spreadsheets

• Reduce time spent on rent tracking from hours to minutes

• Get smarter and more accurate the longer it is used

“Rent payments in the real world are rarely neat and predictable, yet most tools still assume they are,” said Richard Samuel, CEO of August. “We’ve rebuilt Rent Payments so August can handle the messy reality. From split and irregular payments to agent fees and partial months. The new engine does the heavy lifting in the background, while giving you clearer visibility and control, so you can reconcile rent in minutes instead of hours and feel confident your records are accurate.”