For HMO & Room Rental Landlords

Room rental & HMO deposits — collected without full property management software

Renting out individual rooms means individual deposits — one per lodger, one per room, each with its own move-in and move-out date. You don't need a full property management platform to keep that organised. A payment link per room gives you per-tenant tracking, holds, and refunds, without a monthly subscription.

The wall

One property, several tenants, one bank account

With a single-let property, one deposit in, one deposit out — easy to track in your head. In an HMO or shared house, you might have three, five, or eight lodgers, each on their own timeline. Deposits land in the same account, move-out dates don't line up, and by the time someone leaves, it's hard to remember exactly how much was theirs.

  • Mixing deposits in one account makes it easy to accidentally refund the wrong amount, or to one lodger.
  • Full property management software solves this — but it's built for portfolios of units, with pricing and complexity to match.
  • Spreadsheets work until a lodger disputes a deduction and you can't produce a paper trail for their specific payment.
  • Cash deposits leave no record at all, which is the worst position to be in if a dispute ever escalates.
The fix

One deposit link per room, tracked separately

PayRequest lets you create a payment request for each room's deposit, sent directly to that lodger. Every payment is its own record — with its own amount, notes, and refund history — so settling one room never risks touching another.

One payment link per room

Create a separate deposit request for each room or bed space — each lodger pays their own link, so deposits never get mixed up in one shared account.

Track every lodger's deposit individually

Your dashboard shows who paid what, for which room, and when. No spreadsheet to keep in sync as tenants move in and out.

Pre-authorize or capture, your choice

Use a pre-authorization hold for short stays (release automatically if nothing's deducted), or capture the deposit upfront for longer lets.

Refund or deduct room-by-room

When one lodger moves out, settle their deposit — full refund, partial deduction, or full retention — without touching anyone else's.

Walkthrough

Managing room deposits, step by step

01

List your rooms and set a deposit per room

Bigger rooms or en-suites often justify a higher deposit. Decide the amount per room once — you'll reuse it for every new lodger in that room.

10 min, once
02

Send a payment link before move-in

Email or text the link to the incoming lodger. They pay by card or digital wallet — no need to share your bank details for every new arrival.

2 min per lodger
03

Tag the payment with the room and tenant name

Add a short note or reference (e.g. 'Room 3 — J. Smith') so the deposit is easy to find again at checkout time, even months later.

30 sec
04

Use the hold period for inspections

If you used a pre-authorization, the hold stays in place without charging the lodger — giving you a window to do a move-in inspection before deciding.

Up to 30 days
05

Settle the deposit when the lodger leaves

Refund in full, deduct for damages with a note explaining the deduction, or release the remaining balance — each handled independently per room.

On move-out
Comparison

Collecting room deposits: your options

ApproachPer-room trackingSetup timeMonthly costRefunds & deductionsBest for
Spreadsheet + bank transferManual, error-proneNone€0Manual transfer, no record1–2 rooms, very low volume
Full property management softwareBuilt-in, automatedDays to weeks€30–150+/moAutomated, but locked into platform10+ units, full PM needs
Cash on move-inNoneNone€0Cash, no paper trailInformal arrangements (risky)
PayRequest payment linksBestPer-room, per linkMinutes0% + 2% capped at €25/txnOne click, fully tracked1–20 rooms, no PMS needed
Who this helps

From one spare room to a full shared house

Resident landlords with HMOs

Renting out 3-6 rooms in a shared house? Collect each lodger's deposit separately without a property management contract.

Student & shared accommodation

Term-by-term tenants mean frequent move-ins and move-outs — a payment link per room keeps deposits from blending together.

Co-living operators

Standardise the deposit amount per room type (single, double, en-suite) and reuse the same link template for every new member.

Short-term sublets & room shares

Taking in a lodger for a few weeks or months? A pre-authorization hold protects you without locking up cash you'll need to return quickly.

Under the hood

Why per-room links beat one shared deposit pot

The moment two or more deposits sit in the same place, you're relying on memory (or a spreadsheet) to know whose money is whose. Separate payment records remove that risk entirely — and give you something concrete to point to if a lodger ever questions a deduction.

  • Each room's deposit is its own payment record — settling one lodger's deposit never touches another's.
  • No monthly software subscription: you only pay PayRequest's 2% fee (capped at €25) when a deposit is actually collected.
  • Pre-authorization holds mean funds are reserved but not charged — ideal for short stays where most deposits are released in full.
  • Notes and references on each payment make it easy to explain a deduction later, if a lodger disputes it.
FAQ

Frequently asked questions

What counts as an HMO?+
A House in Multiple Occupation (HMO) is generally a property rented out by at least three people who aren't from one 'household' (e.g. a family) but share facilities like a bathroom or kitchen. Rules and licensing requirements vary by country and local council — check your local regulations before letting rooms.
Do lodger deposits need to go into a tenancy deposit protection scheme?+
It depends on the legal status of the occupant. In some jurisdictions, a 'lodger' renting a room from a resident landlord (who also lives in the property) is not covered by the same tenancy deposit protection rules as a tenant with an assured shorthold tenancy. Always confirm the correct classification and any protection requirements for your specific situation and location.
How much can I charge for a room deposit in an HMO?+
There's often no fixed legal cap specifically for room deposits in shared housing, but many of the same fairness principles apply as for whole-property deposits — the amount should be proportionate to the rent and any potential damage. Some jurisdictions cap deposits at a number of weeks' rent regardless of whether it's a whole property or a single room.
Can different rooms in the same HMO have different deposit amounts?+
Yes. It's common to set a higher deposit for larger rooms, en-suites, or rooms with more furniture, and a lower deposit for smaller rooms. Each room's deposit can be collected and tracked as a separate payment.
Do I need property management software to run a small HMO?+
Not necessarily. Full property management software is built for managing many units, maintenance requests, and accounting — most of which a landlord with a handful of rooms doesn't need. A payment link tool that tracks deposits per room and per lodger covers the core requirement (collecting and returning money) without the overhead.
How do I handle a deposit deduction for one room without affecting the others?+
Because each room's deposit is its own payment record, you settle it independently. If you need to deduct for damage in Room 3, you process that refund or partial refund against Room 3's payment only — Rooms 1, 2 and 4 are completely unaffected.
Security Deposits for Landlords

Keep every room's deposit straight — without new software

Send a deposit payment link per room, track each one separately, and refund or deduct without touching the rest of the house.