Rent-flex

A clever way to
pay rent

Providing a cost-free alternative to credit use

Jointly developed by CfRC and Well Thought, we are now also working with HACT to bring rent-flex to the UK’s social housing sector.  

Rent-flex provides a new way for residents to plan and pay their rent,  and offers them a completely free way to manage cash-flow problems over the year.

Residents are able to personalise their rent payment plans: providing them with the opportunity to pay less rent in months when money is tight, and slightly more when things are that little bit easier.  

In exchange, residents engage with support services and keep their housing provider informed of their financial situation so any extra help required can be provided.

Our digital trial with Optivo Housing Association now has approaching £1 million of rent in the scheme over the next 12 months, and, with funding from JP Morgan Charitable Foundation we will be entering into further trials with two further housing associations this year.

To find out more about rent-flex, visit the website here!

Transforming the landlord - resident relationship

Led by the Centre for Responsible Credit and Well Thought, and co-created with residents and national housing associations, a new approach has been developed.

At its simplest, rent-flex offers a new way for residents to plan and pay their rent, however, at the core of rent-flex is a ‘joint planning’ framework with potential to transform the landlord – resident relationship

Residents are offered personalised rent payment plans: providing them with the opportunity to pay less rent in months when money is tight, and slightly more when things are that little bit easier.

In exchange, residents engage with support services and keep their housing provider informed of their financial situation so any extra help required can be provided.

At its simplest, rent-flex offers a new way for residents to plan and pay their rent.

However, at the core of rent-flex is a ‘joint planning’ framework with potential to transform the landlord – resident relationship

Residents are offered personalised rent payment plans: providing them with the opportunity to pay less rent in months when money is tight, and slightly more when things are that little bit easier.

In exchange, residents engage with support services and keep their housing provider informed of their financial situation so any extra help required can be provided.