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Home Economy Homes and Properties

Real Estate Firm Unveils Rent Payment Platform To FCT Residents

by JAMES AKINSELOYIN
3 years ago
in Homes and Properties
Reading Time: 2 mins read
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A property management firm, Shelta, has opened up its online rent payment platform to residents of Abuja to address payment issues between landlords and tenants and also ease the financial burden on tenants.

The Rent Payer 2.0 and The Smart Associate Promo have now been expanded to render services to not only users of properties managed by the firm but everyone- tenants as well as landlords

The company said the new service will be available to residents of the Federal Capital Territory, with expansion targeted at other cities.

Austin Igwe, Chief Executive Officer, Shelta, during the unveiling of the Rent Payer 2.0 in Abuja recently said the service reaffirmed the commitment of the organisation to providing a sustainable living in Africa, starting with Abuja, Nigeria.

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“The application is now open and accessible to all with a user-friendly interface and navigation. The Rent Payer service aligns with this administration on rent financing solution to bring the much sought-after relief needed in the housing sector to Nigerians.

“This creates a meeting point between landlords and tenants, where both parties go home smiling. Tenants unable to pay rent can apply for Rent Financing while landlords still get annual full rent payment (guaranteed).

“We believe that everyone can win, while living. Rent payment should no longer be a problem in Nigeria. Our vision is to make living affordable, sustainable, peaceful and rewarding for all,” Igwe said.

The chief operating officer, Shelta, Stanley Odum, added, “The Rent Payer service can be accessed on the Shelta Platform by registering as a verified subscriber on www.myshelta.com.

Head of legal, shelta, Ehimen Dic-Ijiewere, said the organisation has secured strategic corporate partnerships with Fin-techs, insurance bodies, credit bureaus and financial institutions to drive its solutions.

To be part of this arrangement with Shelta, a prospective landlord has to register his property with the company. For rendering this service to the landlord, Shelta takes a commission of 10 per cent of the rented value of the property.

The company take the stress off the landlord because all aspects of the management is handled on his or her behalf. From getting tenants to verifying their identity, maintenance of the property etc. Cost of major repairs are passed on the landlord while tenants take care of minor repairs in the building. Utility bills are paid by the occupants of such property.

Over the years, there have been a lot of acrimony between tenants and landlords because of the tenants’ inability to pay rent as at when due. This is a laudable initiative which would help mitigate this problem.

 

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