Wectory

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

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  • Rent Advance
  • Rent Collection
  • Pricing

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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
  • - Scheme events as GoCardless reports them, with payouts reconciled for you
  • - 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

£10 / £20flat per successful Rent Collection Direct Debit

£10 up to £2,000, and £20 above £2,000 to the £5,000 we support. 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
  • - Scheme events with a reason code on every failure
  • - Payouts reconciled to gross, fees and refunds in your settlements view
  • - Retry logic and arrears workflow
  • - Dedicated support during onboarding and beyond

You set the monthly fee you charge the landlord. Wectory's band price 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 signs one Direct Debit mandate and pays the same rent. Both product prices apply on that one Direct Debit, each per its own mechanic. There is no combined SKU, no blended pricing.

Per Direct Debit on a £1,500 rent running both lines

£46 of published price comes off, plus each supplier's own VAT; the rest flows to your collection account.
To your collection account
£1,444.80· 96.3%
Rent Advance price
£36· 2.4%
Rent Collection price
£10· 0.7%
VAT, each supplier on its own share
£9.20· 0.6%

One Direct Debit, one published price. The provider's cost sits inside that price and is counted once, not once per product line, and Wectory keeps only the £42 left of it once that cost is out. Tenant DD history from Rent Collection sharpens Rent Advance scoring on the same tenancy.

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 share. See about the calculators and worked examples.

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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