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Assembling the ledger
Founding cohort open · KwaZulu-Natal

The trust layer for South African rentals.

Everything a letting agent does, without the commission. AI reads bank statements and payslips to score every applicant on real affordability, the arrears sequence runs itself from day 31, and DebiCheck collection plus a regulated property practitioner trust are in build. You approve. You never chase.

WorkingAI screenedReads bank statements, not just a bureau score
WorkingDay 31 arrearsLate rent escalates itself, on the record
In buildDebiCheckBank verified debit order collection rail
In buildPPRA trustRegulated property practitioner trust account
In developmentRent protectionCover through licensed insurers, in development
The old way

Your agent takes a cut of every rand,
every month, forever.

Typically 8 to 12% of every rand of rent, every month, plus procurement fees, plus renewal fees. For chasing money that mostly arrives anyway and forwarding you the stress when it does not. The market has priced in the admin. Software has not been given a chance to remove it.

Range reflects common SA agent commission structures. Your agreement may differ.

14 Apr 2026

The Amendment Act took effect. Non-compliant lettings now carry real exposure, including fines and, at the serious end, imprisonment. The paperwork you used to shrug at is now the paperwork that protects you.

Rental Housing Amendment Act
5 of 6

Of South Africa's six largest rental agency brands, five score below 3 out of 10 with their own customers. The service landlords pay a commission for is rated poorly by the people paying for it.

HelloPeter brand ratings
94%

Of South African evictions skip the tenant-circumstances enquiry the law requires, which is precisely how a landlord with a good case still loses it in court.

Oxford Human Rights Hub
The system

One ledger. Three jobs. Zero chasing.

01 / VERIFY

List and verify

Your property and your applicants, identity checked to FICA grade standards. Every document in one place, every check on the record.

You spend: 4 minutes

Working · demo flow
02 / SCREEN

AI affordability screening

AI reads bank statements and payslips to build a real affordability picture. The same evidence a human underwriter would want, checked identically every time.

Decision in: 90 seconds

Working
03 / COLLECT

Collection and arrears

DebiCheck collection will land rent in a regulated property practitioner trust. From day 31 the arrears sequence runs itself. You approve each step.

You do: nothing

Collection rail · in buildArrears logic · working
The product · Live mockup

Your whole portfolio, on one screen.

This is the console we demo to landlords today, rebuilt here in miniature. Click through it. Every number is invented sample data, and everything still in build says so on the tin.

app.leasease.co.za Sample data
Good morning, Thandi
Overview · 3 doors · KZN North Coast
Rent collected · last 12 months
R633 600
100% collected on time2 then 3 doors · to June 2026
100%
On time rate
no change
9 days
Average days to let
↓ 6 days
0
Arrears cases
no change
Rent due this month by tenant
TenantPropertyDueAmountStatus
S. Naidoo12 Marine Dr, Umhlanga1 JunR 18 500Paid
T. Mkhize4B Florida Rd, Durban1 JunR 12 800Paid
L. van Wyk27 Chartwell Dr, Ballito1 JunR 43 000Paid
Every figure above is sample data, shown to demonstrate the interface Focus the menu, then use ← → to move between views
The AI core

Reads the evidence. Not just the score.

  • Bank statements, read line by line. Salary regularity, real spend, existing debit orders. Affordability from evidence, not from a single bureau number.
  • Payslips cross checked. Declared income versus what actually lands. Mismatches are flagged for you, with the reasoning attached.
  • Identical every time. The same checks in the same order for every applicant. Consistency is the fairness, and the audit trail proves it.
  • POPIA governed. Automated screening is explained to the applicant, and every decision keeps its reasoning on record.
tenant score · sample data
> ingest bank_statements.pdf [3 months · ok] > ingest payslips.pdf [2 of 2 verified] > salary regularity consistent · 25th monthly > rent to income ratio 27.4% > existing debit orders 2 found · disclosed > bureau cross check no adverse listings > reasoning attached to file done
0/ 100 · TENANT SCORE
invented applicant · sample data
The money rail · in build

Rent moves on rails, not on promises.

This is the part we refuse to fake. The collection rail and the trust account are real regulated infrastructure, so they ship when the regulator and the bank say so, and they are labelled honestly until then.

Tenant pays

In build

A DebiCheck mandate the tenant approves with their own bank. Bank verified, dispute resistant.

Trust holds

In build

Rent and deposits land in a regulated property practitioner trust account, ring fenced from our operating money. Deposit interest belongs to the tenant, as the law requires.

You get paid

Ledger · working

Your ledger shows every rand with its custody history. If a month goes wrong, the day 31 arrears sequence is already running.

Both sides

Built for the person paying the rent too.

A trust layer only works if both sides can see it. Tenants get the same ledger, the same statements, and the interest the law already says is theirs.

Deposit interest belongs to the tenant.

Apportioned automatically, shown on the shared statement, as the law requires.

Trust · in build
The score comes with its reasoning.

Every applicant sees their Tenant Score outcome and the reasoning behind it, published to both sides.

Working
One ledger, two logins.

Landlord and tenant read the same numbers at the same moment. No statement requests, no phone tag.

Working
Where we actually are

The honest ledger.

Most rental startups tell you what they will be. Here is what is working today and what is still being built, in plain language, so you can decide with the real picture in front of you.

Tenant ScoreAI reads bank statements and payslips, scores real affordability, keeps its reasoning on record.Working
Arrears sequenceDay 31 onwards runs itself. Notices, escalation, the paper trail. You approve each step.Working
DebiCheck collectionBank verified debit order rail. Ships when bank integration clears, not before.In build
PPRA trust accountRegulated property practitioner trust for rent and deposits. Ships when the regulator says so.In build
Rent protectionCover arranged through licensed insurers only. In development, unnamed until live.In development
Founding cohortSigning the first landlords in KwaZulu-Natal now. Seats open.Open
PPRA trust in build under a registered principal's Fidelity Fund Certificate POPIA · Information Officer registered Trade mark applications filed with CIPC, 21 July 2026 LeasEase (Pty) Ltd · 2026/353559/07
Questions, answered plainly

Before you ask.

If something is not covered here, write to info@leasease.co.za and a founder will answer.

When do you launch?

We are signing a founding cohort in KwaZulu-Natal now. The wider rollout follows that cohort, and it follows when the work is finished, not when a date on a slide says so.

Places will be offered in the order requests were received, and founding members will keep their benefits for life.

What is actually working today?

Two things are live: the Tenant Score, which scores every applicant on the same criteria with the reasoning on record, and an arrears sequence built to escalate automatically from day 31.

Three things are still being built. DebiCheck rent collection: the collection rail is in progress and no mandates are running yet. The PPRA trust account for deposits is in progress and we do not hold deposits yet. Rent protection is in development and launches once underwriting is signed. We will not quote you a date we cannot keep. The section above sets all of this out line by line.

Where will my tenant's deposit sit?

Deposits will be held in a PPRA property-practitioner trust account under a registered principal's Fidelity Fund Certificate. Never in an operating account and never on our balance sheet.

Every movement will be signed, time stamped and POPIA logged, so the audit trail is something you could hand to an auditor without a covering explanation. To be clear about the timing, we are building that trust now and we are not holding any deposits until it is in place.

What will it cost?

One flat monthly subscription per door with a 30-day free trial on every tier. No commission, no finder's fees, and nothing that scales with your rent, which is why it works out to a fraction of what a traditional agent costs over a year.

Cancel whenever you like. Founding cohort members lock in their rate for life.

How do you decide who gets approved?

Every applicant is assessed the same way and returns a Tenant Score built on a fuller picture than a credit score alone. We publish the outcome and the reasoning to both sides.

We keep the underlying method private, partly because it is ours and partly because a scoring model you can read is a scoring model you can game. The decision is always yours. The Score is the evidence.

I already use an agent. Is this a fight?

No. Plenty of good agents do work worth paying for. What we object to is a percentage of your income, forever, for admin that infrastructure now does better.

If your agent earns their commission, keep them. If what you actually get is a monthly statement and a phone number that rings out, you have options.

The honest comparison

Still paying your agent 8-12%?

The old arrangement works beautifully for the agent. Here is the same month, both ways.

The old way

Your letting agent

Priced as a slice of your income, forever.

  • Typically 8-12% of every rand of rent, every month, plus a full month's finder's fee each time a tenant changes. Your rent goes up and so does their cut.
  • Vetting is a gut feel and a phone call. You learn about the arrears the month the rent does not arrive.
  • Rent reaches you when their reconciliation clears. Sometimes the 3rd. Sometimes the 7th.
  • Statements are PDFs you have to ask for. The deposit sits in their account, on their terms, on their timeline.
LeasEase

A fraction of the cost

One flat monthly fee per door that does not grow with your rent.

  • No commission. No finder's fee. One simple subscription with a 30-day free trial on every tier, and you can cancel whenever you like.
  • Every applicant screened identically, on a fuller picture than a credit score alone, with the reasoning on record.
  • Rent collected on the 1st by bank-authenticated DebiCheck once the rail is live, with the arrears sequence running automatically from day 31 in your name.
  • A live ledger, and a regulated trust being built for the deposits. You, your tenant and your accountant read the same numbers at the same moment.
Founding cohort

Founding cohort. KwaZulu-Natal first.

Founding landlords get a direct line to the founders and shape what ships next. Pilot pricing is confirmed with you directly before anything begins.

Why we ask (POPIA s18): we collect your email address only to contact you about LeasEase and the pilot. It is stored securely, never sold or shared for anyone else’s marketing, and deleted whenever you ask. How we handle your information.

Request received. We will reply from a leasease.co.za address. Nothing is stored in this browser.