Rent Payment Plan Agreement

ARent Payment Plan Agreement Template
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Dear [Tenant’s Name],

I hope this letter finds you well. As the landlord of the property located at [Property Address], I am writing to formally document and confirm the rent payment plan that we have agreed upon.

In light of the current circumstances and following our discussions, we have agreed to the following revised payment plan:

  • Total Rent Due: £[Total Rent Amount]
  • Revised Monthly Payment: £[Revised Monthly Amount]
  • Effective Date: [Start Date]

This revised payment plan will remain in effect until [End Date] or until such a time when we mutually agree to revisit and revise the terms. Please ensure that the revised monthly payments are made on or before the due date to the following bank account:

  • Bank Name: [Bank Name]
  • Account Number: [Account Number]
  • Sort Code: [Sort Code]

If at any point you experience further difficulties or require any adjustments to the payment plan, please contact me as soon as possible to discuss alternative arrangements. Communication is key to ensuring that we can address any issues promptly and amicably.

Thank you for your cooperation. Please sign and return a copy of this letter to confirm your acceptance of the revised payment terms.

Sincerely,

[Landlord’s Name]

[Landlord’s Contact Information]

——————————————

Tenant’s Signature: _________________________

Date: _________________________

 

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