Fee Schedule

This Fee Schedule states what Wectory charges for each product line. The priced terms in force are published below.

How a version works

The Fee Schedule is published in versions. A published version is fixed: its terms never change once it is published, and new terms are published as a new version with its own effective date. The version in force on any day is the most recent one whose effective date is that day or earlier.

Every Direct Debit records the version that priced it, and so does every Rent Advance whose rent you receive outside the Platform, for all of its instalments. The price of a charge already made can therefore always be read back from the terms that produced it, whatever is published afterwards. The Extended Check price is published in versions of its own, and every order records the version that priced it.

What you pay, and when

On a Direct Debit, Wectory's fee comes out of the rent that actually collects, inside the same Direct Debit that settles that rent into your collection account. A Direct Debit that does not succeed carries no Wectory fee, and there are no setup fees and no monthly minimums.

Where a tenancy runs both product lines, the tenant signs one Direct Debit mandate and pays the same rent. Both product prices stack on that one Direct Debit, each per its own mechanic.

On a Rent Advance whose rent you receive outside the Platform, each instalment is recorded as received on its due date unless you record that you did not receive it, and carries the Rent Advance price below. Once a calendar month has closed, Wectory invoices those fees on the instalments recorded as received for seven days or more, and you pay the invoice within 14 days through Stripe, by card or by Bacs Direct Debit where offered. An instalment recorded as not received carries no fee.

An Extended Check you order on a deal is paid by card, through Stripe, when you order it.

VAT and the tax documents

Every price below is stated excluding VAT, because that is the figure the commercial terms bind. A supplier registered for VAT adds its own VAT to its own charge and issues its own VAT invoice for it.

While our registration is pending

We have applied to register for VAT, and both the effective date and the registration number are awaited. While that is so we charge the fees published below and add nothing to them, and once a calendar month has closed we issue a statement of the deductions taken in it. That statement carries no tax figure and no registration number, and it says on its face that it is not a VAT invoice. Our invoice for the fees on rent you receive outside the Platform also carries no tax figure and no registration number, and says on its face that it is not a VAT invoice.

If the registration takes effect from a date that reaches back over fees already deducted or invoiced, those amounts are treated as including the tax at the statutory rate: the total paid does not change, nothing further is charged and nothing is repaid. A fee deducted, or an invoice paid, before that date keeps the treatment it was taken under, so a month the date falls inside is split at it; an invoice not yet paid on that date stays due in the amount it states. A VAT invoice is issued for each period the date reaches, covering the amounts inside that period which it reaches, referencing the statement or invoice already issued for it, where one was issued, and stating that nothing is due beyond what that earlier document shows. From the effective date the published fees apply with VAT added to them. An Extended Check is taxed as its own row below states.

What your payment provider charges

Your payment provider charges you its own fee for each Direct Debit, and its own VAT on that fee, under your own agreement with it. Wectory never sets that charge, never passes one on and never re-invoices one. A figure Wectory shows you may illustrate it at your provider's public Standard tariff, labelled as such; an illustration is not a term and is not guaranteed, and your own plan may cost more or less. It is your own cost, on your provider's own line, and a partner on a cheaper or a dearer provider plan pays Wectory the same.

The published terms

Version fee_schedule_v4, effective from 30 Oct 2026. Every Direct Debit records the version that priced it, and so does every Rent Advance whose rent you receive outside the Platform, for all of its instalments.

Rent Advance

2.4% of each successful Rent Advance Direct Debit, and of each instalment of a Rent Advance whose rent you receive outside the Platform, once it is recorded as received.

Rent Collection

£2 per successful Direct Debit, at every amount we serve.

Both lines on one tenancy

Both prices stack on the one Direct Debit, each per its own mechanic.

Extended Check

£14 for each read of the HM Land Registry register of a property's title that you order on a deal, paid by card when you order it. If we do not obtain the register for an order by the end of HM Land Registry's next working day - its service unavailable, the request rejected, or a title it cannot read - we refund the price in full, automatically, to the card that paid it or, where that card cannot take it, to an account you name. While our registration is pending we add nothing to the price, and Stripe's receipt carries no tax figure. A registration taking effect over an Extended Check already paid is settled inside the price paid, and we issue a VAT invoice for it within 30 days of receiving our registration number. From the effective date the price applies with VAT added to it, and each Extended Check has its own VAT invoice. Version check_price_v1, effective from 24 Oct 2026; every order records the version that priced it.

What your payment provider charges

Your payment provider charges you its own fee and its own VAT for each Direct Debit, on your own agreement with it. Wectory never sets that charge, and never passes one on or re-invoices one. A figure Wectory shows you may illustrate it at your provider's public Standard tariff, labelled as such; an illustration is not a term and is not guaranteed, and your own plan may cost more or less.

While our registration is pending

We have applied to register for VAT. Until that registration takes effect we charge the fees above and add nothing to them: each closed month's deductions are documented by a statement rather than a VAT invoice, and each invoice for the fees on rent you receive outside the Platform says it is not a VAT invoice. A registration later taking effect over fees already deducted or invoiced is settled inside the amount deducted or invoiced: nothing further is charged, nothing is repaid, an invoice not yet paid stays due in the amount it states, and no price above changes. From the effective date the published fees apply with VAT added to them.

VAT

Every price above excludes VAT. A supplier registered for VAT adds its own VAT to its own charge and issues its own VAT invoice for it: Wectory for the Wectory fee, your payment provider for its own.