For UK letting agents and property managers
Direct Debit on your own collection account. A case for every failed payment. Every payout checked on your Payouts page.
A tenant pays by standing order. A payment goes missing. You find out days later, then match the bank statement by hand.
You can't see the schedule, only the money when it lands. A failed payment looks like silence. A part payment comes with no explanation.
By the time you spot missed rent, it is days old. You chase blind, and the landlord chases you.
Bank statement in one tab, tenancy ledger in the other, matched line by line, by hand.
Wectory connects your own bank account through GoCardless Partner Integration, in your name. You see the result of every Direct Debit. A failed one opens a case saying whether GoCardless will try again. Your Payouts page checks each payout and flags any that don't add up.
Set your numbers. See what Rent Collection adds to your year.
At this pace, on top of your standard letting fees
A full year once every tenancy is on: £01234567890123456789,012345678901234567890123456789 / year
Based on an average UK rent of £1,377 (ONS, March 2026), after Wectory's and GoCardless's fees. An estimate before your own costs and tax, not a quote. How this is worked out
No capital, no PMS swap, no new bank account. Put a tenancy on Direct Debit today and add Rent Advance later when you want it.
Wectory connects your agency to GoCardless Partner Integration. The collection account is your own bank account, in your agency's name. Tenants pay you, not Wectory.
The tenant signs one Direct Debit on a page branded as your agency.
Each month the Direct Debit collects the rent. It goes straight into your collection account.
Wectory's fee comes off before the rent reaches you. You see each result as GoCardless reports it, and your Payouts page checks each payout and flags any that don't add up.
Rent Collection runs on GoCardless, authorised by the FCA as a payment institution (FRN 597190). Rent goes from the tenant's bank straight to yours and never passes through Wectory. It lands in your client account; where a payout includes rent your agency has bought through Rent Advance, Wectory shows that amount for you to move to your office account. GoCardless's fee and Wectory's are taken before the payout reaches you: your landlord terms cover them, or your office account tops them up.
The tenant pays the same rent. Wectory's and GoCardless's fees are shown before VAT, and you reclaim any VAT on them.
Rent Advance
Rent Advance works on the same tenancy. Add it later: the tenant's Direct Debit can carry the repayments.
Open now
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© 2026 Wectory