{"id":11015,"date":"2024-05-15T09:47:56","date_gmt":"2024-05-15T08:47:56","guid":{"rendered":"https:\/\/www.lettingaproperty.com\/landlord\/blog\/?p=11015"},"modified":"2025-09-19T11:52:07","modified_gmt":"2025-09-19T10:52:07","slug":"property-management-companies","status":"publish","type":"post","link":"https:\/\/www.lettingaproperty.com\/landlord\/blog\/property-management-companies\/","title":{"rendered":"Property management companies: services, costs &#038; do you need one?"},"content":{"rendered":"<p>Managing a rental can be straightforward \u2014 or it can eat your evenings and weekends. Fortunately, property management companies exist to take the admin, compliance and tenant headaches off your plate. This guide explains what they do, how much they charge, the legal must-dos for landlords in 2025, and how to choose the right provider for your needs.<\/p>\n<div class=\"rental-estimator-cta\" style=\"background: #e5eff6; padding: 16px; border-radius: 13px; margin: 20px 0; font-family: 'DM Sans', sans-serif; text-align: center;\">\n<h3 style=\"font-size: 20px !important; margin-top: 0; margin-bottom: 12px; line-height: 1.3; color: #3c3c3b;\">Instant Rental Price Estimator<\/h3>\n<p style=\"margin-bottom: 16px; font-size: 15px; line-height: 1.4; color: #3c3c3b;\">Discover your property&#8217;s true rental value in seconds with our free, UK-wide price comparison tool.<\/p>\n<p><a style=\"text-decoration: none;\" href=\"https:\/\/www.lettingaproperty.com\/instant-valuation?utm_medium=blog_in_article\" target=\"_blank\" rel=\"noopener noreferrer\"> <button style=\"background: #df5e09; color: #faf4f0; border: none; padding: 12px 20px; width: 100%; max-width: 280px; border-radius: 6px; font-size: 16px; font-weight: bold; cursor: pointer; display: inline-block; margin: 0 auto;\" type=\"button\"> Value my property <\/button> <\/a><\/p>\n<\/div>\n<ul>\n<li data-start=\"165\" data-end=\"181\"><a href=\"#What-do-property-management-companies-do\">What do property management companies do?<\/a><\/li>\n<li data-start=\"165\" data-end=\"181\"><a href=\"#Legal-essentials-every-landlord-must-know\">Legal essentials every landlord must know<\/a><\/li>\n<li data-start=\"165\" data-end=\"181\"><a href=\"#Typical-fees-and-how-to-compare-them\">Typical fees and how to compare them<\/a><\/li>\n<li data-start=\"165\" data-end=\"181\"><a href=\"#How-to-choose-a-property-management-company\">How to choose a property management company<\/a><\/li>\n<li data-start=\"165\" data-end=\"181\"><a href=\"#Compare-property-management-companies-and-fees\">Compare property management companies and fees<\/a><\/li>\n<\/ul>\n<h2 data-start=\"165\" data-end=\"181\">Quick summary<\/h2>\n<ul data-start=\"182\" data-end=\"426\">\n<li data-start=\"182\" data-end=\"270\">\n<p data-start=\"184\" data-end=\"270\">Outsource time-consuming tasks to property management companies, such as tenant sourcing, rent collection and compliance.<\/p>\n<\/li>\n<li data-start=\"271\" data-end=\"354\">\n<p data-start=\"273\" data-end=\"354\">Typical clients: busy landlords, overseas owners and multi-property portfolios.<\/p>\n<\/li>\n<li data-start=\"355\" data-end=\"426\">\n<p data-start=\"357\" data-end=\"426\">Read on for fees, legal must-dos and a checklist to compare managers.<\/p>\n<\/li>\n<\/ul>\n<h2 data-start=\"716\" data-end=\"760\"><a id=\"What-do-property-management-companies-do\"><\/a>What do property management companies do?<\/h2>\n<p data-start=\"761\" data-end=\"843\">Most property management companies offer a menu of services you can mix and match:<\/p>\n<ul data-start=\"845\" data-end=\"1463\">\n<li data-start=\"845\" data-end=\"924\">\n<p data-start=\"847\" data-end=\"924\"><strong data-start=\"847\" data-end=\"873\">Let-only \/ tenant-find<\/strong> \u2014 advertise, conduct viewings and place tenants.<\/p>\n<\/li>\n<li data-start=\"925\" data-end=\"1031\">\n<p data-start=\"927\" data-end=\"1031\"><strong data-start=\"927\" data-end=\"944\">Tenancy setup<\/strong> \u2014 draughting\/issuing tenancy agreements, deposit registration, check-in inventories.<\/p>\n<\/li>\n<li data-start=\"1032\" data-end=\"1133\">\n<p data-start=\"1034\" data-end=\"1133\"><strong data-start=\"1034\" data-end=\"1066\">Rent collection &amp; accounting<\/strong> \u2014 monthly rent collection, chasing arrears, financial reporting.<\/p>\n<\/li>\n<li data-start=\"1134\" data-end=\"1247\">\n<p data-start=\"1136\" data-end=\"1247\"><strong data-start=\"1136\" data-end=\"1155\">Full management<\/strong> \u2014 day-to-day repairs, emergency callouts, contractor management and periodic inspections.<\/p>\n<\/li>\n<li data-start=\"1248\" data-end=\"1341\">\n<p data-start=\"1250\" data-end=\"1341\"><strong data-start=\"1250\" data-end=\"1280\">Legal &amp; compliance support<\/strong> \u2014 safety certificates, eviction support, deposit disputes.<\/p>\n<\/li>\n<li data-start=\"1342\" data-end=\"1463\">\n<p data-start=\"1344\" data-end=\"1463\"><strong data-start=\"1344\" data-end=\"1368\">Value-added services<\/strong> \u2014 <a href=\"https:\/\/www.lettingaproperty.com\/landlord\/blog\/online-letting-agents\/\" target=\"_blank\" rel=\"noopener\">online landlord portals<\/a>, rent protection insurance, HMO management, and tax\/accounting help.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1465\" data-end=\"1597\">Additionally, the trend in 2025 is flexible, hybrid packages \u2014 you can often combine let-only with ad-hoc management services to suit your budget. <a href=\"https:\/\/www.lettingaproperty.com\/landlord-services\" target=\"_blank\" rel=\"noopener\">Landlord Services<\/a><\/p>\n<hr data-start=\"1599\" data-end=\"1602\" \/>\n<h2 data-start=\"1604\" data-end=\"1668\"><a id=\"Legal-essentials-every-landlord-must-know\"><\/a>Legal essentials every landlord must know<\/h2>\n<p data-start=\"1669\" data-end=\"1812\">Landlord compliance changes frequently; therefore, these points are the basics you must keep in order (and property managers usually handle them for you):<\/p>\n<ul data-start=\"1814\" data-end=\"2770\">\n<li data-start=\"1814\" data-end=\"1968\">\n<p data-start=\"1816\" data-end=\"1968\"><strong data-start=\"1816\" data-end=\"1830\">Gas safety<\/strong> \u2014 landlords must have gas appliances checked annually by a Gas Safe engineer and keep the record. <a href=\"https:\/\/www.lettingaproperty.com\/gas-safety-certificate\" target=\"_blank\" rel=\"noopener\">Gas Safety<\/a><\/p>\n<\/li>\n<li data-start=\"1969\" data-end=\"2173\">\n<p data-start=\"1971\" data-end=\"2173\"><strong data-start=\"1971\" data-end=\"1999\">Electrical safety (EICR)<\/strong> \u2014 properties require an electrical installation inspection and report at least every five years (or sooner if the inspector advises). <a href=\"https:\/\/www.lettingaproperty.com\/electrical-installation-condition-report\" target=\"_blank\" rel=\"noopener\">Electrical safety<\/a><\/p>\n<\/li>\n<li data-start=\"2174\" data-end=\"2368\">\n<p data-start=\"2176\" data-end=\"2368\"><strong data-start=\"2176\" data-end=\"2198\">Deposit protection<\/strong> \u2014 deposits for most assured shorthold tenancies must be placed in a government-approved deposit scheme within 30 days of receipt. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\" data-testid=\"webpage-citation-pill\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!\" href=\"https:\/\/www.lettingaproperty.com\/landlord\/blog\/deposit-protection-schemes\/\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-[15ch] grow truncate overflow-hidden text-center\">Deposit protection<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<\/li>\n<li data-start=\"2369\" data-end=\"2528\">\n<p data-start=\"2371\" data-end=\"2528\"><strong data-start=\"2371\" data-end=\"2400\">Tenant Fees Act (England)<\/strong> \u2014 many tenant charges are banned; check which fees are lawful to avoid hefty penalties. <a href=\"https:\/\/www.lettingaproperty.com\/landlord\/blog\/tenant-fee-ban\/\" target=\"_blank\" rel=\"noopener\">Tenant Fees Act<\/a><\/p>\n<\/li>\n<li data-start=\"2529\" data-end=\"2770\">\n<p data-start=\"2531\" data-end=\"2770\"><strong data-start=\"2531\" data-end=\"2558\">Licensing &amp; local rules<\/strong> \u2014 many councils run selective or additional licensing in certain areas (and more schemes have been introduced recently). Check if your property\u2019s council requires a licence. <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\" data-testid=\"webpage-citation-pill\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!\" href=\"https:\/\/www.gov.uk\/government\/publications\/selective-licensing-in-the-private-rented-sector-a-guide-for-local-authorities\/selective-licensing-in-the-private-rented-sector-a-guide-for-local-authorities\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-[15ch] grow truncate overflow-hidden text-center\">GOV.UK<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2772\" data-end=\"2880\">If you\u2019re unsure about any requirement, a professional manager will advise and help you evidence compliance.<\/p>\n<p data-start=\"2772\" data-end=\"2880\"><strong data-start=\"1753\" data-end=\"1807\"><a class=\"decorated-link cursor-pointer\" href=\"https:\/\/www.lettingaproperty.com\/calendar\" target=\"_blank\" rel=\"noopener\" data-start=\"1755\" data-end=\"1805\"><img decoding=\"async\" class=\"emoji\" role=\"img\" draggable=\"false\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/svg\/1f4de.svg\" alt=\"\ud83d\udcde\" \/> Book a Call with a Property Management Expert<\/a><\/strong><br data-start=\"1807\" data-end=\"1810\" \/>Ask questions, get advice, and get started today.<\/p>\n<hr data-start=\"2882\" data-end=\"2885\" \/>\n<h2 data-start=\"2887\" data-end=\"2926\"><a id=\"Typical-fees-and-how-to-compare-them\"><\/a>Typical fees and how to compare them<\/h2>\n<p data-start=\"2927\" data-end=\"3020\">Fees vary by service level, location and company size. Typical current ranges (illustrative):<\/p>\n<ul data-start=\"3022\" data-end=\"3330\">\n<li data-start=\"3022\" data-end=\"3134\">\n<p data-start=\"3024\" data-end=\"3134\"><strong data-start=\"3024\" data-end=\"3051\">Let-only \/ tenant-find:<\/strong> Often a one-off fee equal to 8%\u201312% of one year\u2019s rent or a single month\u2019s rent.<\/p>\n<\/li>\n<li data-start=\"3135\" data-end=\"3213\">\n<p data-start=\"3137\" data-end=\"3213\"><strong data-start=\"3137\" data-end=\"3157\">Rent collection:<\/strong> ~3%\u201312% of monthly rent (added to a base or bundled).<\/p>\n<\/li>\n<li data-start=\"3214\" data-end=\"3330\">\n<p data-start=\"3216\" data-end=\"3330\"><strong data-start=\"3216\" data-end=\"3236\">Full management:<\/strong> Generally 8%\u201320% of monthly rent \u2014 urban areas and specialist HMO management can be higher.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3332\" data-end=\"3580\">Importantly, always check what\u2019s included (renewal fees, inventories, check-outs, eviction admin, emergency callouts) and whether fees are subject to VAT. Some providers now offer fixed-fee management for higher-rent properties where percentage fees are costly. <a href=\"https:\/\/www.lettingaproperty.com\/landlord\/blog\/letting-agent-fees\/\" target=\"_blank\" rel=\"noopener\">Compare Agent Fees<\/a><\/p>\n<hr data-start=\"3582\" data-end=\"3585\" \/>\n<h2 data-start=\"3587\" data-end=\"3627\">Pros and cons \u2014 the practical picture<\/h2>\n<p data-start=\"3628\" data-end=\"3636\"><strong data-start=\"3628\" data-end=\"3636\">On the plus side \u2014 Pros<\/strong><\/p>\n<ul data-start=\"3637\" data-end=\"3906\">\n<li data-start=\"3637\" data-end=\"3726\">\n<p data-start=\"3639\" data-end=\"3726\">Saves time and stress \u2014 contractors, emergencies, and tenant queries handled for you.<\/p>\n<\/li>\n<li data-start=\"3727\" data-end=\"3843\">\n<p data-start=\"3729\" data-end=\"3843\">Better compliance risk management \u2014 managers usually keep certificates, test dates and documentation up to date.<\/p>\n<\/li>\n<li data-start=\"3844\" data-end=\"3906\">\n<p data-start=\"3846\" data-end=\"3906\">Faster lets and professional marketing \u2014 may reduce voids.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3908\" data-end=\"3916\"><strong data-start=\"3908\" data-end=\"3916\">On the downside \u2014 Cons<\/strong><\/p>\n<ul data-start=\"3917\" data-end=\"4197\">\n<li data-start=\"3917\" data-end=\"4024\">\n<p data-start=\"3919\" data-end=\"4024\">Fees reduce net yield \u2014 the key question is whether the time saved and risk reduced are worth the cost.<\/p>\n<\/li>\n<li data-start=\"4025\" data-end=\"4124\">\n<p data-start=\"4027\" data-end=\"4124\">Less direct control \u2014 you\u2019ll rely on the manager for tenant selection and day-to-day decisions.<\/p>\n<\/li>\n<li data-start=\"4125\" data-end=\"4197\">\n<p data-start=\"4127\" data-end=\"4197\">Service quality varies \u2014 always check customer reviews and references.<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"4199\" data-end=\"4202\" \/>\n<h2 data-start=\"4204\" data-end=\"4265\"><a id=\"How-to-choose-a-property-management-company\"><\/a>How to choose a property management company (step-by-step)<\/h2>\n<ol data-start=\"4266\" data-end=\"5070\">\n<li data-start=\"4266\" data-end=\"4365\">\n<p data-start=\"4269\" data-end=\"4365\"><strong>Firstly, define what you need<\/strong> \u2014 tenant-find only, rent collection, or full management? Be explicit.<\/p>\n<\/li>\n<li data-start=\"4366\" data-end=\"4516\">\n<p data-start=\"4369\" data-end=\"4516\"><strong>Secondly, compare apples-to-apples<\/strong> \u2014 get written fee breakdowns and a sample contract. Look for hidden extras (renewal, inventory, contractor margins).<\/p>\n<\/li>\n<li data-start=\"4517\" data-end=\"4635\">\n<p data-start=\"4520\" data-end=\"4635\"><strong data-start=\"4520\" data-end=\"4548\">Check compliance support<\/strong> \u2014 will they manage gas, EICR, deposit protection, safety certificates and licensing?<\/p>\n<\/li>\n<li data-start=\"4636\" data-end=\"4734\">\n<p data-start=\"4639\" data-end=\"4734\"><strong data-start=\"4639\" data-end=\"4665\">Local market knowledge<\/strong> \u2014 do they know your neighbourhood\u2019s rent levels and tenant demand?<\/p>\n<\/li>\n<li data-start=\"4735\" data-end=\"4840\">\n<p data-start=\"4738\" data-end=\"4840\"><strong data-start=\"4738\" data-end=\"4762\">Reputation &amp; reviews<\/strong> \u2014 Google, Trustpilot, local landlord networks. Ask for landlord references.<\/p>\n<\/li>\n<li data-start=\"4841\" data-end=\"4945\">\n<p data-start=\"4844\" data-end=\"4945\"><strong data-start=\"4844\" data-end=\"4873\">Communication &amp; reporting<\/strong> \u2014 online landlord portal? Frequency of updates? Access to statements?<\/p>\n<\/li>\n<li data-start=\"4946\" data-end=\"5070\">\n<p data-start=\"4949\" data-end=\"5070\"><strong data-start=\"4949\" data-end=\"4963\">Exit terms<\/strong> \u2014 what happens if you want to switch? How long is the notice period and what are the handover obligations?<\/p>\n<\/li>\n<\/ol>\n<hr data-start=\"5072\" data-end=\"5075\" \/>\n<h2 data-start=\"5077\" data-end=\"5114\">Practical checklist before signing<\/h2>\n<ul data-start=\"5115\" data-end=\"5809\">\n<li data-start=\"5115\" data-end=\"5201\">\n<p data-start=\"5117\" data-end=\"5201\">For example, do they register deposits in a government-approved scheme? (Confirm which scheme.)<\/p>\n<\/li>\n<li data-start=\"5202\" data-end=\"5329\">\n<p data-start=\"5204\" data-end=\"5329\">Will they arrange annual gas checks and EICR inspections? (Ask for the certificates.)<\/p>\n<\/li>\n<li data-start=\"5330\" data-end=\"5393\">\n<p data-start=\"5332\" data-end=\"5393\">Are renewals, inventories and check-outs included or extra?<\/p>\n<\/li>\n<li data-start=\"5394\" data-end=\"5450\">\n<p data-start=\"5396\" data-end=\"5450\">What marketing channels do they use to find tenants?<\/p>\n<\/li>\n<li data-start=\"5451\" data-end=\"5635\">\n<p data-start=\"5453\" data-end=\"5635\">Do they perform Right to Rent checks and keep records? (Processes have moved towards digital checks \u2014 follow the latest Home Office guidance.) <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\" data-testid=\"webpage-citation-pill\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!\" href=\"https:\/\/assets.publishing.service.gov.uk\/media\/6878ea540263c35f52e4dd75\/270625_Landlords_guide_to_Right_To_Rent_Checks-.pdf\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-[15ch] grow truncate overflow-hidden text-center\">GOV.UK<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<\/li>\n<li data-start=\"5636\" data-end=\"5809\">\n<p data-start=\"5638\" data-end=\"5809\">Are there any local licences or selective licensing that apply to your property? (Council rules differ \u2014 check your local authority.) <span class=\"\" data-state=\"closed\"><span class=\"ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]\" data-testid=\"webpage-citation-pill\"><a class=\"flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!\" href=\"https:\/\/www.gov.uk\/government\/publications\/selective-licensing-in-the-private-rented-sector-a-guide-for-local-authorities\/selective-licensing-in-the-private-rented-sector-a-guide-for-local-authorities\" target=\"_blank\" rel=\"noopener\"><span class=\"relative start-0 bottom-0 flex h-full w-full items-center\"><span class=\"flex h-4 w-full items-center justify-between overflow-hidden\"><span class=\"max-w-[15ch] grow truncate overflow-hidden text-center\">GOV.UK<\/span><\/span><\/span><\/a><\/span><\/span><\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"5811\" data-end=\"5814\" \/>\n<h2 data-start=\"5816\" data-end=\"5877\">Examples of flexible service levels (real-world scenarios)<\/h2>\n<ul data-start=\"5878\" data-end=\"6267\">\n<li data-start=\"5878\" data-end=\"6015\">\n<p data-start=\"5880\" data-end=\"6015\"><strong data-start=\"5880\" data-end=\"5901\">Overseas landlord<\/strong> \u2014 For instance, an overseas landlord may prefer full management plus an <a href=\"https:\/\/www.lettingaproperty.com\/landlord\/blog\/online-letting-agents\/\" target=\"_blank\" rel=\"noopener\">online portal<\/a> and local compliance checks (ideal for landlords who can\u2019t be on-site).<\/p>\n<\/li>\n<li data-start=\"6016\" data-end=\"6154\">\n<p data-start=\"6018\" data-end=\"6154\"><strong data-start=\"6018\" data-end=\"6041\">High-rent city flat<\/strong> \u2014 fixed-fee management may be better than percent fees (the math often favours fixed pricing at higher rents).<\/p>\n<\/li>\n<li data-start=\"6155\" data-end=\"6267\">\n<p data-start=\"6157\" data-end=\"6267\"><strong data-start=\"6157\" data-end=\"6179\">Portfolio landlord<\/strong> \u2014 a bespoke account manager, bulk pricing and consolidated reporting across properties.<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"6269\" data-end=\"6272\" \/>\n<h2 data-start=\"6274\" data-end=\"6316\">FAQs (short answers for busy landlords)<\/h2>\n<p data-start=\"6317\" data-end=\"6541\"><strong data-start=\"6317\" data-end=\"6367\">Q: Are property management companies worth it?<\/strong><br data-start=\"6367\" data-end=\"6370\" \/>A: In many cases, if you own multiple properties, live far away, or want to reduce legal risk and time spent, they usually pay for themselves in saved time and fewer compliance problems.<\/p>\n<p data-start=\"6543\" data-end=\"6695\"><strong data-start=\"6543\" data-end=\"6589\">Q: Can I keep control of tenant decisions?<\/strong><br data-start=\"6589\" data-end=\"6592\" \/>A: Yes \u2014 many companies operate under agreed authorisation levels so you can approve certain decisions.<\/p>\n<p data-start=\"6697\" data-end=\"6896\"><strong data-start=\"6697\" data-end=\"6750\">Q: What happens if a tenant damages the property?<\/strong><br data-start=\"6750\" data-end=\"6753\" \/>A: Managers normally organise repairs and handle insurance claims or deposit deductions, but check the contract to see how costs are recovered.<\/p>\n<p data-start=\"6898\" data-end=\"7046\"><strong data-start=\"6898\" data-end=\"6940\">Q: Are management fees tax-deductible?<\/strong><br data-start=\"6940\" data-end=\"6943\" \/>A: Letting-related fees are typically allowable expenses \u2014 check with an accountant for your situation.<\/p>\n<hr data-start=\"7485\" data-end=\"7488\" \/>\n<h2 data-start=\"7490\" data-end=\"7544\"><a id=\"Compare-property-management-companies-and-fees\"><\/a>Want a fast way to compare property management companies and fees?<\/h2>\n<p data-start=\"7545\" data-end=\"7851\">If you\u2019d like a quick comparison of property management fees and services, try a trusted comparison tool \u2014 it can reveal potential savings and show what\u2019s typical in your area. For an option tailored to landlords, see LettingaProperty\u2019s comparison page.<\/p>\n<p>We&#8217;ve compiled a list of the most popular letting agents and their fees, updated quarterly. The last update was in August 2025.<\/p>\n<div class=\"title\">\n<p>You can save up to \u00a31,966 every year by comparing property management fees. Start your free comparison and see how much more you could earn from your rental.<\/p>\n<ul>\n<li>Enter your postcode<\/li>\n<li>Compare fees &amp; ratings<\/li>\n<li>Maximise your returns<\/li>\n<\/ul>\n<div class=\"hs-cta-trigger-button hs-cta-trigger-button-277688217803\"><button style=\"background: #df5e09; color: #faf4f0; border: none; padding: 12px 20px; width: 100%; max-width: 280px; border-radius: 6px; font-size: 16px; font-weight: bold; cursor: pointer; display: inline-block; margin: 0 auto;\" type=\"button\"> <strong>Fee Comparison Tool \u2192<\/strong><\/button><\/div>\n<p>&nbsp;<\/p>\n<p>Whether you&#8217;re considering let-only, rent collection, or full management, we&#8217;ll help you make an informed decision\u2014and save money along the way!<\/p>\n<p>Here&#8217;s a sneak preview&#8230;<\/p>\n<\/div>\n<figure id=\"attachment_13102\" aria-describedby=\"caption-attachment-13102\" style=\"width: 669px\" class=\"wp-caption aligncenter\"><a class=\"hs-cta-trigger-button hs-cta-trigger-button-277688217803\" href=\"#\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-13102 size-medium\" src=\"https:\/\/www.lettingaproperty.com\/landlord\/blog\/wp-content\/uploads\/2024\/05\/Letting-Agent-Fees-VIVO.webp\" alt=\"letting agent fees\" width=\"669\" height=\"350\" \/><\/a><figcaption id=\"caption-attachment-13102\" class=\"wp-caption-text\"><span style=\"font-size: 12pt;\">The fees shown are accurate as of 7 August 2025, as published on the agency websites. Calculations are based on a rental value of \u00a31,398 per calendar month and are displayed inclusive of VAT. We understand that fees may be negotiated at a local branch or franchise level. Where required, a Surrey postcode of GU25 was used for comparison purposes.<\/span><\/figcaption><\/figure>\n<h2><\/h2>\n<hr data-start=\"7853\" data-end=\"7856\" \/>\n<h2 data-start=\"452\" data-end=\"526\">Why choose LettingaProperty.com to reduce your property management fees?<\/h2>\n<p data-start=\"528\" data-end=\"790\">If you want to cut costs without cutting corners, <a href=\"https:\/\/www.lettingaproperty.com\/\" target=\"_blank\" rel=\"noopener\">LettingaProperty.com<\/a> is designed for landlords who care about returns and certainty. We combine a simple online dashboard with hands-on support so you get lower fees, professional management, and fewer surprises.<\/p>\n<p data-start=\"792\" data-end=\"809\"><strong data-start=\"792\" data-end=\"809\">What we offer<\/strong><\/p>\n<ul data-start=\"810\" data-end=\"1315\">\n<li data-start=\"810\" data-end=\"876\">\n<p data-start=\"812\" data-end=\"876\">Simple by Design: A clean, intuitive interface makes managing your property straightforward from day one.<\/p>\n<\/li>\n<li data-start=\"810\" data-end=\"876\">\n<p data-start=\"812\" data-end=\"876\">Real-Time Insights: Track viewings, applications, payments and more \u2014 all live in your dashboard.<\/p>\n<\/li>\n<li data-start=\"810\" data-end=\"876\">\n<p data-start=\"812\" data-end=\"876\">Support When You Need It: Access help from our property team whenever you hit a snag \u2014 we&#8217;re here to back you up.<\/p>\n<\/li>\n<li data-start=\"980\" data-end=\"1054\">Income Protection: With Vivo (Our property management platform), rent guarantee comes built in \u2014 so you don\u2019t lose out when tenants fall behind.<\/li>\n<\/ul>\n<p data-start=\"1317\" data-end=\"1612\"><strong data-start=\"1317\" data-end=\"1333\">How it helps<\/strong><br \/>\nIn practice, switching to a smarter service can reduce your overall costs (many landlords save substantially versus high-street fees) while keeping a hands-off, professional service. If guaranteed income and predictable costs matter to you, LettingaProperty is built around those priorities.<\/p>\n<p data-start=\"1614\" data-end=\"1870\"><strong data-start=\"1614\" data-end=\"1635\">Ready to compare?<\/strong><br data-start=\"1635\" data-end=\"1638\" \/><strong><a class=\"decorated-link cursor-pointer\" rel=\"noopener\" data-start=\"1638\" data-end=\"1701\"><span class=\"hs-cta-trigger-button hs-cta-trigger-button-277688217803\">Compare Management Fees \u2014 Free<\/span><\/a><\/strong><\/p>\n<p data-start=\"1614\" data-end=\"1870\"><strong data-start=\"1614\" data-end=\"1635\">Want to value your property?<\/strong><br data-start=\"1635\" data-end=\"1638\" \/><strong><a class=\"decorated-link cursor-pointer\" href=\"https:\/\/www.lettingaproperty.com\/instant-valuation\" target=\"_blank\" rel=\"noopener\" data-start=\"1638\" data-end=\"1701\">Get an instant valuation \u2014 Free<\/a><\/strong><\/p>\n<p data-start=\"1614\" data-end=\"1870\"><strong data-start=\"1753\" data-end=\"1807\"><a class=\"decorated-link cursor-pointer\" href=\"https:\/\/www.lettingaproperty.com\/calendar\" target=\"_blank\" rel=\"noopener\" data-start=\"1755\" data-end=\"1805\"><img decoding=\"async\" class=\"emoji\" role=\"img\" draggable=\"false\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/svg\/1f4de.svg\" alt=\"\ud83d\udcde\" \/> Book a Call with a Property Management Expert<\/a><\/strong><br data-start=\"1807\" data-end=\"1810\" \/>Ask questions, get advice, and get started today.<\/p>\n<hr data-start=\"7048\" data-end=\"7051\" \/>\n<h2 data-start=\"7053\" data-end=\"7117\">Final verdict \u2014 should you use a property management company?<\/h2>\n<p data-start=\"7118\" data-end=\"7437\">Reputable property management companies are a smart choice if you value time, predictability and professional handling of compliance. Alternatively, if you enjoy hands-on landlord work and have a single nearby property, self-management could save you money \u2014 but only when you keep up with rules and maintenance.<\/p>\n<p data-start=\"7439\" data-end=\"7617\">When comparing providers on fees and services, use a <strong><a><span class=\"hs-cta-trigger-button hs-cta-trigger-button-277688217803\">structured comparison table<\/span><\/a><\/strong> (fees, inclusions, reviews) \u2014 this approach will save you money and stress.<\/p>\n<p data-start=\"7619\" data-end=\"7832\">For a quick comparison of letting and management fees, see our <a href=\"https:\/\/www.lettingaproperty.com\/landlord\/blog\/letting-agent-fees\/\" target=\"_blank\" rel=\"noopener\">letting agent fees guide<\/a> \u2014 it\u2019s a good place to start when benchmarking costs against current market rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 6<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Managing a rental can be straightforward \u2014 or it can eat your evenings and weekends. Fortunately, property management companies exist to take the admin, compliance and tenant headaches off your [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":12790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,18],"tags":[21,109,107,108,110],"class_list":["post-11015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-landlord-advice","category-rental-process","tag-property-management","tag-property-management-companies","tag-property-management-companies-london","tag-property-management-companies-near-me","tag-property-management-companies-uk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Management Companies \u2014 Services &amp; Costs<\/title>\n<meta name=\"description\" content=\"Discover how UK property management companies save time, ensure compliance &amp; protect your income. 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