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30 March 2012: Pay your rent by Direct Debit for a chance to win £500

A new prize draw competition launched by Lambeth London Living is offering tenants the opportunity to win a top prize of £500 by paying their rent by Direct Debit – four runners up will each receive a £25 shopping voucher. The first prize draw takes place in June.

The Direct Debit – the winning way to pay your rent campaign encourages tenants to sign up to pay their rent by Direct Debit. Paying in this way takes the monthly hassle out of making sure that the right amount of rent is paid at the right time. With 210 tenants evicted for rent arrears last year it is crucial to make sure that rent is paid on time.

There will be two main prize draws over a year with automatic entry for everyone who already pays their rent by Direct Debit. There will also be two special additional prize draws, the first is for people who switch from standing order payments to Direct Debit, the other is for tenants who newly open a Direct Debit rent account.

Neil Litherland, Lambeth London Living Chief Executive, said: “I would urge all tenants to think about paying their rent by Direct Debit. It is safe, secure, and hassle free, and offers tenants peace of mind that they won’t miss a payment.

“For Lambeth London Living, processing Direct Debit rent payments generates big savings over the long term, money that can be used to improve services for residents”.

Setting up a Direct Debit to pay your rent is quick and easy – just call the Lambeth London Living Call Centre on 0800 088 0088.