Letting Agent Fees UK: A Guide for Landlords

Letting Landlords

Posted in Dec 27 , 2025

Letting Agent Fees UK: A Guide for Landlords

Who Pays Letting Agent Fees in the UK?

In England, the Tenant Fees Act 2019 changed the lettings structure. Landlords now pay the majority of letting agent costs, instead of the tenants. As a result, transparency around letting agent fees UK has become far more important, especially for first-time landlords.

Whilst tenants are protected from extra charges, landlords should carefully review what services are included in an agent’s fee and whether VAT is added on top.

How Letting Agent Fees Are Usually Charged

Most letting agents charge either a percentage of the rent or a fixed fee, depending on the service. Fees are commonly structured as a percentage of the monthly or annual rent, with VAT often charged separately.

When comparing the letting agent fees in the UK, it’s important to look beyond the headline percentage and understand exactly what you are paying for.

Typical Letting Agent Fees UK by Service Type

Let Only Fees

Let only services are for landlords who want help finding tenants but plan to manage the property themselves. Letting agent fees in the UK for let-only services are usually:

Around 8%–12% of the annual rent, or
A fixed fee of approximately £500–£1,500, depending on the property and location

This usually covers marketing, viewings, referencing, collecting checks, and preparing the tenancy agreement. Ongoing management and compliances remain the landlord’s responsibility.

Rent Collection Fees

Rent collection is a middle-ground option for landlords who want help managing payments but not day-to-day property issues. The fees for rent collection are often:

Around 5%–8% of the monthly rent

This service usually includes collecting rent, issuing statements, and chasing arrears if needed, while repairs and compliance remain with the landlord.

Fully Managed Letting Fees

Fully managed services are the most popular option, particularly in London and South London. The fees for full management generally fall between:

10%–15% of the monthly rent, plus VAT

This level of service usually includes tenant management, maintenance coordination, regular inspections, compliance reminders for gas safety and electrical checks, and handling tenant queries. In higher-demand areas, fees may sit toward the upper end of this range due to increased regulatory requirements.

Extra Costs You Should Be Aware Of

When reviewing the letting agent fees in the UK, landlords should also ask about additional charges. These can include inventory reports, check-in and check-out fees, tenancy renewals, compliance certificates, or maintenance administration costs. These extras are not always included in the main percentage and can significantly affect the overall cost.

Legal Responsibilities of Landlord

Even when using a letting agent, landlords remain legally responsible for safety and compliance. Letting agents can manage certificates, inspections, and reminders, but the liability ultimately stays with the property owner. This is one reason many landlords choose fully managed services despite higher fees, as they reduce risk and save time.

Choosing the Right Letting Agent Fee Option

The lowest fee is not always the best option. Landlords should consider how much time they have, the type of tenants they expect, and whether they are confident managing repairs, compliance, and communication themselves. It is recommended to check the fees alongside service quality to ensure it leads to better long-term outcomes.

How Cribs Estates Helps Landlords

Cribs Estates specialises in providing the best letting services tailored to landlords across South London. We focus on clear pricing, reliable tenant selection, and management based on compliance that protects your property and income.

Whether you are comparing typical letting agent fees UK or looking for a dependable, hands-on managing agent, our team provides honest advice and practical support to help your hmo property perform at its best.

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