August is free for landlords managing up to 2 tenancies, no credit card required and no time limit. The free plan includes full rent tracking via Open Banking, payment history, arrears alerts, and rent reminders. Paid plans start from £X per month and cover larger portfolios, plus additional features including expenses tracking, MTD submissions, and document management. You can start tracking rent today and upgrade only when you need to.

Yes. Every payment August records is a digital record that HMRC accepts under Making Tax Digital for Income Tax (MTD for IT). When it's time to file your quarterly update, August already has your rental income and expenses categorised and totalled, you review the figures and submit directly from the app. No bridging software, no spreadsheet exports, no manual preparation. Making Tax Digital for Income Tax applies to landlords earning over £50,000 from April 2026, with the threshold dropping to £30,000 in 2027 and £20,000 in 2028.

When rent is not received by the due date, August flags the tenancy as overdue and sends you and your tenant an alert immediately. If a tenant pays partially, August records the exact shortfall and carries it forward to the next period, you always see the precise outstanding balance rather than a generic overdue status. For arrears that persist, August sends follow-up reminders automatically. All arrears history is stored in the tenancy record so you have a clear audit trail if you ever need to take formal action.

A rent ledger is a complete record of rent charged, rent received, and any outstanding balance across a tenancy, the equivalent of a bank statement but specifically for rent. August maintains a live rent ledger for every tenancy automatically, updated every time a payment is matched. You can export it as a CSV or PDF in one click from the app, ready to share with your accountant, a letting agent, or HMRC. The rent ledger is available for every tenancy going back up to two years.

Yes. August tracks rent at room level, not just property level, so each tenant in an HMO has their own rent schedule, payment status, and payment history. If one room pays and another doesn't, you see exactly which tenant is outstanding. Pro-rata amounts, room-level reminders, and partial payment handling all work the same way as a single let, applied individually to every room.

August connects to your bank account via Open Banking, a secure, read-only connection regulated by the FCA. When rent arrives in your account, August uses AI-powered matching to identify which tenancy the payment belongs to, even if the tenant pays a slightly different amount or uses an unexpected reference. You see a live payment status: paid, partially paid, overdue, or upcoming, without needing to check your bank statement manually. The matching improves over time as August learns your tenants' payment patterns.

Rent tracking monitors whether rent has been paid, it reads your bank account and matches incoming payments to your tenancies. Rent collection is when the software moves money, acting as an intermediary between tenant and landlord. August tracks rent via Open Banking as well as allows you to enable rent collection if you wish to do so.

Rent tracking software is a digital tool that monitors incoming rent payments, matches them to the correct tenancy, flags arrears when payments are late, and keeps a complete payment history. For UK landlords, it replaces the bank statement checks, spreadsheets, and manual reconciliation that most self-managing landlords do by hand. August does this automatically via a secure, read-only Open Banking connection to your bank, every payment matched to the right tenancy, with no manual input needed.