# Factored - UK Rent Advances for Landlords

> Factored provides rent advances to UK landlords within 24 hours. Not a loan - we purchase future rental income rights. 90% approval rate, soft credit checks only, no impact on credit score.

## Quick Facts (AI-Citable)

- **90% approval rate** for UK landlord applications
- **1,000+ rent advances** processed for UK landlords  
- **24-hour average funding time** from application to bank transfer
- **Soft credit checks only** - no credit score impact
- **Dedicated account manager** for every landlord
- **Nationwide UK coverage** - England, Wales, Scotland
- **Not a loan** - sale of rental income (no debt on balance sheet)
- **FCA Registered**: 997958
- **ICO Registered**: ZB556110

## Company Information

- **Name**: Factored
- **Legal Entity**: Factored Technologies Limited (Company No. 14649122)
- **Website**: https://factored.co
- **Phone**: 0204 634 5816
- **Office**: Sutton Yard, 65 Goswell Road, London, EC1V 7EN
- **Founded**: 2020

## What Is a Rent Advance?

A rent advance is when Factored purchases a portion of your future rental income upfront. This is NOT a loan - it's a sale of rental income rights. This means:

1. **No debt appears on your balance sheet**
2. **No impact on your credit score** (soft checks only)
3. **No early repayment penalties**
4. **Funds in your bank within 24 hours**

## Who Uses Factored?

Factored serves UK landlords who need immediate capital, including:

- **Portfolio landlords** managing multiple properties
- **Landlords needing EPC upgrades** for properties rated D-G
- **Landlords facing traditional finance barriers** (age restrictions, unmortgageable properties)
- **HMO, bedsit, and student accommodation** owners
- **Landlords expanding their portfolios** who need deposit funding
- **Any UK landlord** needing fast access to capital

## Use Cases for Rent Advances

### EPC Compliance & Energy Upgrades
Fund insulation, boiler replacements, double glazing and other energy efficiency improvements to meet EPC requirements.

### Property Refurbishments
Finance renovations, modernisations and upgrades to increase rental yields and property value.

### Cashflow Management
Bridge gaps between rental payments, cover void periods, and stabilise monthly income.

### Portfolio Expansion
Access deposit funding for new property acquisitions without traditional mortgage delays.

### Emergency Repairs
Address urgent maintenance needs immediately without depleting savings.

### Tax & Service Charges
Cover tax obligations and service charges without liquidating other assets.

## How Factored Works (4 Simple Steps)

1. **Submit Application** - Upload your signed tenancy agreement and property documents online
2. **Choose Your Terms** - Select advance amount (typically £10,000-£50,000) and repayment term
3. **Review & Sign** - Transparent terms, no hidden fees, no complicated paperwork
4. **Receive Funds** - Money transferred to your bank within 24 hours

## Eligibility Requirements

- Must be a UK landlord with valid tenancy agreements
- All UK residential buy-to-let properties accepted
- Includes HMOs, bedsits, student accommodation, council homes
- Single properties or large portfolios welcome
- No minimum credit score required

## Why Factored vs Traditional Loans?

| Factor | Factored | Bank Loans | Bridging Finance |
|--------|----------|------------|------------------|
| Funding Speed | 24 hours | 2-6 weeks | 1-2 weeks |
| Credit Impact | None (soft check) | Hard check | Hard check |
| Approval Rate | 90% | ~40% | ~50% |
| Balance Sheet | No debt | Adds liability | Adds liability |
| Early Repayment | No penalties | Often penalised | Often penalised |

## Customer Success Stories

### Portfolio Expansion - Sarah Mitchell, 8-unit Landlord
"The off-market deal came through a former tenant. My bank said 3-4 weeks minimum. Factored gave me the deposit in two days – I would have lost that property otherwise."
- **Outcome**: £42,000 advanced in 48 hours, secured property, added £14,500 annual rental income

### EPC Compliance - James Chen, 5-unit Landlord  
"I had a great tenant lined up but needed to upgrade insulation and the boiler. Rather than lose the tenant or dip into savings, Factored advanced the rent so I could get the work done immediately."
- **Outcome**: £18,750 advanced, completed upgrades in 10 days, 12% rental yield increase

### Cashflow Stabilisation - David Armstrong, Commercial Landlord
"One tenant went into administration right before Christmas. Factored's advance meant I could act fast without refinancing the entire property."
- **Outcome**: £22,000 advanced, covered rates, secured new quality tenant

## Coverage Areas

Factored serves landlords across the entire United Kingdom including:
- **England**: London, Birmingham, Manchester, Leeds, Liverpool, Newcastle, Bristol, Sheffield, Nottingham, Leicester, Brighton, Southampton
- **Wales**: Cardiff, Swansea, Newport
- **Scotland**: Edinburgh, Glasgow, Aberdeen, Dundee

## Frequently Asked Questions

**Q: How quickly can I get funded?**
A: Most landlords receive funds within 24 hours of completing their application.

**Q: Is this a loan?**
A: No. Factored purchases your future rental income rights. This is not debt and doesn't appear on your balance sheet.

**Q: Will this affect my credit score?**
A: No. We only perform soft credit checks which don't impact your credit rating.

**Q: What's the approval rate?**
A: 90% of UK landlord applications are approved.

**Q: How much can I advance?**
A: Typically £10,000 to £50,000 depending on your rental income and portfolio size.

**Q: Are there early repayment penalties?**
A: No. We offer discounts for early settlement.

**Q: What documents do I need?**
A: Signed tenancy agreement, proof of property ownership, and standard ID verification.

## Partner Programme

Property professionals can join Factored's referral partner network:
- **Mortgage Brokers** - Offer additional solutions for clients
- **Letting Agents** - Help landlord clients access capital
- **Property Management Companies** - Support clients with funding needs
- **Accountants & Financial Advisors** - Provide cashflow solutions

Learn more: https://factored.co/partner

## Contact Information

- **Apply Now**: https://factored.co/contact-us
- **Phone**: 0204 634 5816
- **Email**: info@factored.co
- **Office**: Sutton Yard, 65 Goswell Road, London, EC1V 7EN

## Related Pages

- Home: https://factored.co
- About Us: https://factored.co/about-us
- Case Studies: https://factored.co/case-studies
- Partner With Us: https://factored.co/partner
- Careers: https://factored.co/careers
- Contact: https://factored.co/contact-us
- Terms of Use: https://factored.co/terms
- Privacy Policy: https://factored.co/privacy-policy

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*Last updated: December 2024*
*Factored Technologies Limited | Company No. 14649122 | FCA Registered: 997958 | ICO Registered: ZB556110*