Wectory

Rent advance and Direct Debit rent collection. For UK letting agents.

Product

  • Rent Advance
  • Rent Collection
  • Pricing

Packs

  • EPC Upgrade
  • Property Refresh
  • Refinance Bridge
  • Portfolio Growth
  • Switch-to-Let

Resources

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© Wectory

Registered in England and Wales (No. 12790239) · 86-90 Paul Street, London, EC2A 4NE, United Kingdom
built by Lumman

© 2026 Wectory

Pricing

Two products
Two fees
One settlement

You pay Wectory only on successful Direct Debits. No setup fees, no monthly minimums. The fee deducts inside the same GoCardless Partner Integration transaction that settles rent into your collection account.

Rent Advance

2.4%of each successful Rent Advance Direct Debit

Deducted at settlement, inside the same GoCardless scheme transaction that flows the repayment to your collection account. Accrues only on successful DDs.

What this fee covers

  • - Scoring engine - rental history, payment patterns, property and tenancy data
  • - Factoring agreements and DD mandates, generated to meet regulatory requirements
  • - Direct Debit infrastructure on GoCardless Partner Integration with retry logic
  • - White-label landlord-facing documents and communications
  • - Real-time scheme events and automatic reconciliation
  • - Dedicated support during onboarding and beyond

You set the factoring fee with each landlord per deal. Wectory's 2.4% applies only to the rent that actually collects.

Rent Collection

£10flat per successful Rent Collection Direct Debit

Deducted at settlement, inside the same GoCardless scheme transaction that flows rent to your collection account. Accrues only on successful DDs.

What this fee covers

  • - White-label Direct Debit on GoCardless Partner Integration
  • - You stay merchant of record on your own collection account
  • - Real-time scheme events with a reason code on every failure
  • - Automatic reconciliation that flows into your existing tools
  • - Retry logic and arrears workflow
  • - Dedicated support during onboarding and beyond

You set the monthly fee you charge the landlord. Wectory's £10 applies only per successful tenant DD.

Composition

Both lines on the same tenancy

When you run Rent Advance and Rent Collection on the same tenancy, the tenant Direct Debit is the instrument under both. Each fee applies independently per its own mechanic. There is no combined SKU, no blended pricing.

Per active Rent Advance DD on a £1,500 rent

Wectory's 2.4% comes off; the rest flows to your collection account.
To your collection account
£1,464· 97.6%
Wectory Rent Advance fee
£36· 2.4%

Per tenancy Rent Collection DD, partner fee £25

£10 flat is deducted at settlement; the rest is your margin.
You keep
£15
Wectory Rent Collection fee
£10

Two settlements, two fees, fully independent. Tenant DD history from Rent Collection sharpens Rent Advance scoring on the same tenancy.

Limited access

Onboarding agencies now

Wectory opens through 2026 to a small group of UK letting agents and property managers. We onboard your agency to Rent Advance and Rent Collection when your slot opens.

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