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

  • Research
  • Legal
  • Privacy
  • Terms

Company

  • About
  • Contact

© Wectory

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

© 2026 Wectory

Pricing

Pay as rent collects
Checks when you order them

You pay Wectory's Rent Advance and Rent Collection fees only on rent that reaches you. On a successful Direct Debit the fee deducts inside the same GoCardless Partner Integration transaction that settles rent into your collection account; on rent the tenant pays you directly, it is invoiced monthly. No setup fees, no monthly minimums.

Rent Advance

2.4%of each Rent Advance repayment

Deducted at settlement from a successful Direct Debit, inside the same GoCardless scheme transaction that flows the repayment to your collection account. On rent the tenant pays you directly, invoiced monthly on each instalment recorded as received.

What this fee covers

  • - A risk check on every deal - an orientation from the deal, the tenancy and the property; you decide every deal
  • - Factoring Agreements and Direct Debits, generated to meet regulatory requirements
  • - Direct Debit provisioning and retry logic on GoCardless Partner Integration
  • - White-label landlord-facing documents and communications
  • - Scheme events as GoCardless reports them, with payouts reconciled for you
  • - Dedicated support during setup and beyond

You set the factoring fee with each landlord per deal. Wectory's 2.4% applies only to rent that reaches you. Your payment provider charges you its own fee separately, on your own agreement with it.

Rent Collection

£2flat per successful Rent Collection Direct Debit

£2 per successful Direct Debit, at every amount we serve. 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 provisioning on GoCardless Partner Integration
  • - You stay merchant of record on your own collection account
  • - A case for every failed Direct Debit, with GoCardless's retry verdict
  • - Payouts reconciled to gross, fees and refunds in your settlements view
  • - Retry logic and arrears workflow
  • - Dedicated support during setup and beyond

You set the monthly fee you charge the landlord. Wectory's £2 applies only per successful tenant DD. Your payment provider charges you its own fee separately, on your own agreement with it.

Extended Check

£14per check you order on a deal

One read of the HM Land Registry register of the property's title, for a property in England and Wales. Paid by card when you order it, never taken from rent.

What this price covers

  • - Whether the landlord is named as an owner on the title, and how many owners it records
  • - Mortgages and other charges on the title, with their dates where the register gives them
  • - Any restriction, notice, caution, bankruptcy entry or entry about a proprietor's death on the register
  • - Shown beside the deal's risk check, which it never changes - you decide every deal
  • - A full refund, automatically, if we do not obtain the register by the end of HM Land Registry's next working day

Until our VAT registration takes effect, nothing is added to the price. The card payment is taken by Stripe. Nothing is charged for an order you leave unpaid.

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

£38 of Wectory fee comes off; Wectory takes nothing else from that Direct Debit.
The rest of the rent
£1,457.20· 97.1%
Rent Advance price
£36· 2.4%
Rent Collection price
£2· 0.1%
GoCardless fee
£4· 0.3%
VAT on the GoCardless fee
£0.80· 0.1%

One Direct Debit, one Wectory deduction: both product prices stack into a single fee of £38, and until our VAT registration takes effect the fee comes off with nothing added to it, as the published Fee Schedule states. GoCardless charges you its own fee and its own VAT separately, and the rest of the rent is what is left after that fee too. GoCardless's fee is shown at its public Standard tariff, before VAT, and is illustrative: your own plan may differ.

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.

Open now

Set up your agency today

Wectory is open to UK letting agents and property managers. Create your account and set up your agency for Rent Advance and Rent Collection.

Get started
Get started
Skip to content
Wectory
Wectory
Rent AdvanceRent CollectionPricingGet started