Compare letting agent fees

A selection of well-known letting agents' fees, based on £990 monthly rent.

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Tenant Find

£149

Property Management

£99 + 4%

+ £149 set-up

LettingaProperty.com
connells

Connells

An established agency for over 80 years.

Tenant Find

£1,426

Property Management

19.2%

+ £300 set-up

Connells
martinandco

Hunters

One of the UK’s largest agency franchises.

Tenant Find

£792

Property Management

18%

+ £450 set-up

Hunters
belvoir

Belvoir

One of the UK’s largest agency franchises.

Tenant Find

£743

Property Management

10%

+ £350 set-up

Belvoir
martinandco

Bairstoweves

An established agency for over 120 years.

Tenant Find

£1,426

Property Management

15.6%

+ £400 set-up

Bairstoweves
purplebricks

Purple Bricks

A technology-led hybrid estate agent.

Tenant Find

£891

Property Management

12%

+ £540 set-up

PurpleBricks
martinandco

Dixons

One of the largest letting agencies in the Midlands.

Tenant Find

£1,426

Property Management

15.6%

+ £400 set-up

Dixons
martinandco

Leaders

One of the UK’s largest estate agents.

Tenant Find

£1,188

Property Management

18%

+ £540 set-up

Leaders
martinandco

John Shepherd

lettings agents in the West Midlands.

Tenant Find

N/A

Property Management

12%

+ £450 set-up

John Shepherd
yourmove

Your Move

A UK estate agency with a national network of branches.

Tenant Find

£1,188

Property Management

13.2%

+ £450 set-up

Your move
martinandco

Martin and Co.

Belongs to one of the UK’s largest property groups.

Tenant Find

£891

Property Management

14.4%

+ £594 set-up

Martin & Co

The fees shown are correct as published on the agency websites on 7 October 2024. Calculations are based on a rental value of £990 per calendar month and are shown inclusive of VAT. We understand that fees may be negotiated at a local branch or franchise level. Where required, a Midlands postcode of B92 was used for comparison purposes.


Local Agents Typically Offer Three Levels of Service

This includes agents in West Midlands, Nottinghamshire, Leicestershire, Staffordshire, Warwickshire, Northamptonshire, Shropshire, Worcestershire, Derbyshire, Lincolnshire, Herefordshire, Rutland.

Tenant find service

Letting agents will advertise your property on one or two leading property websites, typically charging fees up to 1 month's rent + VAT plus extra for tenant referencing and contract drafting. Compare and see how much well-known letting agents charge to find a tenant.

Advertising

Rent collection service

Once a suitable tenant is secured, agents will conduct reference checks and draft your contract. When the tenancy begins, you'll be charged around 12-15% of the monthly rent + VAT. Compare and see how much well-known letting agents charge for rent collection.

Payments

Full management service

Agents may offer a full management service. Typically, this includes a provision to report maintenance issues and serve notice. You’ll be charged around 15-20% of the monthly rent + VAT. Compare and see how much well-known letting agents charge for full management.

Tenancy-agreements

Steps to Successful Rental Management

Select tenants, ensure compliance, and collect rent.

Get Maximum Exposure: Finding the Best Tenants Online

Kickstart your journey by advertising on top UK sites like Rightmove, Zoopla, and PrimeLocation and quickly attract quality tenants.

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Gain visibility on major UK property portals.

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Craft adverts that highlight key property features.

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Find the best tenants through targeted advertising.

How to Find Your Ideal Tenant Online

Pre-Tenancy Essentials: Secure and Protect

After selecting a potential tenant, ensure a smooth tenancy by completing essential pre-tenancy tasks, including referencing, deposit collection, and agreement finalisation.

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Confirm tenant reliability with comprehensive checks.

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Safeguard against damages by securing a deposit.

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Clearly define terms with a signed agreement.

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Manage Tenancies Effectively: Ensure Compliance and Security

Keep your tenancies running smoothly with great management. Stay on top of the law, collect rent reliably, and look after your property.

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Stay legally compliant and adhere to regulations.

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Set up secure systems for prompt rent payment.

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Conduct regular maintenance for peace of mind.

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42392

Landlord subscribers

8962

Properties let

25

Million in rents

15

Years in business

What landlords are saying

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Ryan Hayman

Landlord, Swanley

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Mellissa Lo

Mellissa Lo

Landlord, London

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Anton Zaharief

Landlord, London

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Hi, I'm Jonathan Daines, Founder & CEO.

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