Failed sales, mortgage prisoners, forced lets
Around 30% of UK property sales fall through. Your agency converts the listing into a let, sets up Direct Debit rent collection under its own brand, and advances the let-up cash if the landlord needs it.
The sale didn't land. Letting brings cash flow back.
A failed sale, a forced remortgage, or a mortgage prisoner outcome - the property has to earn from rent instead. The local rental market gives the landlord income inside 30 days.
The agency runs both ends.
Your agency converts the listing into a let: viewings, references, AST. Direct Debit rent collection goes live on your collection account, branded as your agency. Let-up costs are funded by a short starter advance against the first months of rent.
The advance closes. The collection keeps going.
The advance repays in 2 months of rent at a 9% fee, leaving around £231 with the agency. From month 3, Direct Debit collection runs on top: Wectory takes £10 per successful Direct Debit, your collection fee stays on top, recurring for as long as the tenancy runs.
your income per converted property
Worked example at a 9% factoring fee, a 2-month starter advance, and £1,750 monthly rent. Real numbers depend on the rent, the period, and the fee you set.
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.
Limited access
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.
Request access© 2026 Wectory