Down payment on the next property
The down payment on the next property is already in the existing rent - just spread across the next 6 months. Your agency advances the cash now against multi-tenancy rent receivables and earns on every month that pays it back.
The income is steady. The cash isn't ready.
A landlord with five tenancies brings in around £7,500 a month. The bank wants the down payment today; the cash is spread over the next 6 months of rent.
The agency advances against the combined rent.
Your agency funds the down payment from its own account against rent across the existing five tenancies. Wectory sets up a Direct Debit on each tenancy into your collection account, branded as your agency. The purchase closes on time.
The rent repays the advance.
Each month, the rent across the five tenancies collects by Direct Debit into your account. The Wectory fee is 2.4% of each tenancy's repayment - £36 on each tenancy's rent in this example - and the rest stays with your agency until the advance is closed. 6 months of £7,500 combined rent funds an advance of £40,950 at a 9% fee and leaves £2,970 with the agency per deal.
your income per multi-tenancy advance closed
Worked example: £7,500 combined monthly rent across 5 tenancies, over 6 months, at a 9% factoring fee. Bigger portfolios scale up; real numbers depend on the rent, the period, and the fee you set.
Each repayment Direct Debit in this example carries a Wectory fee of £36. Your payment provider charges you its own fee separately, on your own agreement with it.
Figures are estimates before your own costs and taxes - not a quote, a forecast, or a statement of the income you will earn. They exclude VAT, which each supplier adds to its own charge. See about the calculators and worked examples.
Rent Collection
Rent Collection takes a fee on every Direct Debit on tenancies your agency already manages. No working capital, no new pitch to landlords. Start today; add Rent Advance when capital is in place.
Open now
Wectory is open to UK letting agents and property managers. Create your account and onboard your agency to Rent Advance and Rent Collection.
Get started© 2026 Wectory