About Wectory
Letting agents already hold the landlord relationship and the working capital. The infrastructure that turns those two things into a revenue line is what was missing. That is what we build.
UK letting agents sit on accumulated business reserves earning roughly 1.61%. Buy-to-let yields hover around 7%. The trigger moments landlords face in 2026 - £6,864 average EPC upgrade across 2.5 million sub-C properties before October 2030, January tax spikes, mid-tenancy refurbs, portfolio expansion - need capital the existing alternatives do not reach. Guaranteed-rent products demand 15-28% of rent and the management with it. Direct-to-landlord factoring proves the demand exists but reaches landlords outside the agent relationship. No B2B stack lets the agent run a factoring book from their own balance sheet.
The capital, the demand, and the relationships all exist. The infrastructure that connects them is what we build.
Standing Order is the de facto rent collection method and a black box - the agent learns about a missed payment by reconciling the bank account, with no counterparty data. The market is moving to Direct Debit, but the options available to a UK letting agent who is not on Reapit are unsatisfactory. PayProp was acquired by Reapit in December 2023, feeding rent collection economics into a competitor stack for every other PMS. Bundled DD inside other PMS subscriptions is opaque. GoCardless direct lacks orchestration and an arrears workflow.
Wectory provides white-label Direct Debit rent collection on the partner's own bank account, with real-time scheme events and reconciliation that flows into the tools partners and landlords already use.
The partner advances cash to a landlord against future rent. The partner deploys their own capital and sets the factoring fee per landlord. Wectory orchestrates the Direct Debit mandate, scoring, and compliance documentation, and deducts a 2.4% platform fee at each successful DD repayment in the same transaction that settles rent to the partner.
White-label Direct Debit rent collection. The partner is merchant of record on its own collection account, connected through our GoCardless Partner Integration. Wectory orchestrates mandate setup, scheme event observability, and reconciliation, and deducts a £10 flat fee per successful tenant DD at settlement.
Both lines run on the same shared infrastructure and compose freely on a single tenancy. When they compose, the two fees apply independently per their own mechanics. There is no third product, no combined SKU, no blended pricing.
Renters' Rights Act 2025
Commenced 1 May 2026. Renewal-fee revenue removed from agents; landlord risk shifts upward. Agents are simultaneously hungrier for new revenue lines and more exposed to landlord churn.
Tenant Fees Act 2019
Permanently removed £200-570m in annual agent revenue. The hunger for new revenue lines is structural, not cyclical.
EPC C by October 2030
Roughly 2.5 million sub-C UK PRS properties at £6,864 average upgrade cost. Deadline-anchored capital demand on the landlord side, where the agent already holds the relationship.
Deadline-anchored capital demand on the landlord side, revenue-line hunger on the agent side, capital that already exists. The gap was the infrastructure to connect them.
Limited access
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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