Your properties, in three numbers.
Rent and costs per property, your share of each, letting agent fees and mortgage interest kept apart. Every Making Tax Digital quarter is ready for your accountant, with the £1,000 property allowance checked for you.
Free to start. No card needed.How quarters workMeet Tom. He lets two flats, and keeps his evenings.
Tom Pickering teaches full time and lets two flats near the station in York. A letting agent looks after Flat 1; he manages Flat 2 himself. He used to sort a shoebox of statements every January. Now each month’s rent and costs land against the right flat. This is his tax year so far.
Tom Pickering · Pickering Lets · YorkInvented business and illustrative figures.
What does that flat really make you?
£800 a month isn’t £9,600 a year in your pocket. The agent’s fee, repairs and your share come off first, and mortgage interest works differently from other costs. Here’s the sum BillingEase does for every property.
- Rent, your share
- £9,600
- Letting agent’s fee
- −£1,152
- Repairs and other costs
- −£1,200
- Profit
- £7,248
Mortgage interest isn’t a cost here. Your £4,900 is kept apart, and 20% of it, £980, comes off your Income Tax instead.
£1,000 property allowance: your costs and the interest reduction work out better than the allowance, so BillingEase uses those.
After an estimated £470 of tax at the basic rate, about £6,778 is yours to keep.
Rates shown are illustrative and are checked against gov.uk before launch.
Built for bricks and mortar.
The same three numbers as everyone else, with the tools a landlord needs behind them.
- Properties and sharesSet up onceAdd each property with its address and your ownership share. Own a flat 50/50? Its rent and costs count at half, automatically.How Coming in works
- A rent rollComing inEach month’s rent per property: received, due or late. A polite email reminder goes to a tenant whose rent is late.See getting paid
- Letting agent statementsGoing outRecord the full rent and the agent’s fee as a cost, so your books match the statement and nothing is double counted.How Going out works
- Mortgage interest, kept apartFinance costsInterest isn’t taken off your rent. It’s kept separate and reduces your Income Tax by 20% of it, so it sits in its own line.How Yours to keep works
- The £1,000 allowanceChecked for youIf your costs are small, the property allowance can be better. BillingEase compares the two and shows which one helps.See the tax estimate
- MTD property incomeEvery quarterRent and costs under HMRC’s property headings each quarter, checked before your accountant sends the update.For accountants
A rent roll that keeps itself up to date.
Every month, every property: what’s come in, what’s due, and who’s late. When rent is late, you hear about it while it’s still a polite reminder.
Pickering Lets · rent roll, October
Invented properties · illustrative| Property | Managed | Rent | Your share | October |
|---|---|---|---|---|
| Flat 1, Station Road | Through Ousebank Lettings | £800 | 100% | Received 1 Oct |
| Flat 2, Station Road | Self-managed | £800 | 100% | 3 days late |
| Parking space | Self-managed | £60 | 100% | Received 1 Oct |
Flat 2’s October rent is 3 days late. A polite email reminder goes to the tenant tomorrow unless you record it first.
The full rent in, the fee as a cost.
Ousebank Lettings pays Tom £704. BillingEase records the £800 rent and the £96 fee, so the quarter shows what HMRC expects.
- Rent collected by the agent
- £800.00
- Management fee (12%, incl. VAT)
- −£96.00
- Paid to Tom
- £704.00
Interest apart, capital out.
Of Flat 1’s £620 mortgage payment, only the interest matters for tax, and it’s kept out of costs.
- Mortgage payment
- £620.00
- Interest: finance costs, kept apart
- £410.00
- Capital: not a cost
- £210.00
Each quarter, under HMRC’s property headings.
Landlords with more than £50,000 of qualifying income started in April 2026; over £30,000 follows in April 2027 and over £20,000 in April 2028. BillingEase sorts rent and costs into the property headings as you go; your accountant sends the update.
Rates shown are illustrative and are checked against gov.uk before launch.
- Rent, rates, insurance and ground rents
- £186
- Property repairs and maintenance
- £340
- Legal, management and other professional fees
- £288
- Other allowable property expenses
- £36
- Costs
- £850
- Residential finance costs (kept apart)
- £1,230
From people who let property
We’re new, so these are illustrative: invented people saying what BillingEase is built to do.
I used to guess what Flat 2 made. After the agent, the boiler and the mortgage interest, it was about half what I thought. Now I see it every month, per flat.
“My sister and I own the house 50/50. It counts my half without me doing the maths.”
“The agent’s statement and my books finally say the same thing.”
Landlords pick MTD ready.
Free covers rent, costs and your three numbers. MTD ready adds landlord mode with properties and shares, quarters with readiness checks and the Income Tax estimate with the finance-cost reduction.
- Your accountantThey sign in free and never count as a person on your plan.Free
- A trade as well?Sole trader and landlord in one set of books, each kept apart in the quarter.Same plan
Prices are placeholders while we finish pricing. Everything on the free plan stays free.
- Everything in Free
- MTD quarters with readiness checks
- Landlord mode and mileage
- Repeating invoices and VAT invoices
- Income Tax and NI estimate
- Your accountant sees the same books