Fully Managed Lettings | £600 Setup, then 10%

Fully Managed

Fully Managed costs a £600 setup fee, then 10% of the rent, including any VAT. It is the whole tenancy handled: everything in Rent Collection, plus the property itself, repairs reported to us and dealt with, periodic inspections with a written report, the compliance calendar kept, the check out inspection, the deposit negotiated and any dispute resolved through the scheme, and an annual appraisal of the rent against the market. Most of our landlords choose this tier, because it is the one where owning the property stops being a job.

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Item	Amount
Setup fee	£600, including any VAT
Ongoing fee	10% of the rent, including any VAT
What it adds to Rent Collection	Repairs handled, periodic inspections with a written report, the compliance calendar kept, check out, deposit negotiation and an annual appraisal

Item

Amount

Setup fee

£600, including any VAT

Ongoing fee

10% of the rent, including any VAT

What it adds to Rent Collection

Repairs handled, periodic inspections with a written report, the compliance calendar kept, check out, deposit negotiation and an annual appraisal

What the 10% covers, beyond Rent Collection

Repairs

tenants report to us, we instruct trusted contractors, and works beyond an agreed limit are authorised by you first. You pay the contractor's cost; our published callout price only applies where you ask us to attend ourselves.

Periodic property inspections with a written, photographed report to you.

The compliance calendar

gas safety, electrical condition, smoke and carbon monoxide alarms, tracked and renewed on time at the published prices.

The check out inspection against the inventory at the end of the tenancy.

Deposit deductions negotiated with the tenant, and any dispute taken through the scheme's resolution service with the evidence file we have been building all along.

An annual appraisal

the rent reviewed against the market, and the statutory increase notice served when a rise is justified.

What managed means under the 2025 Act

Periodic tenancies and evidenced possession grounds have made record keeping the landlord's best defence and worst chore. Under full management the records keep themselves: every inspection, notice, repair and payment sits on one file, maintained by an agency that works one floor from a firm of solicitors. If a tenancy goes wrong, the file is the case; if it never does, the file is why.

The honest arithmetic

On a rent of £1,000 a month, full management costs £100 a month. One mishandled deposit dispute, one missed gas renewal or one month of unchased arrears costs more, and a tribunal or licensing penalty costs far more. We publish the whole price list on the Landlord services and fees page so you can do the arithmetic yourself, which is more than any brochure will let you do.

Questions we are asked

What does Fully Managed cost? +

£600 setup, then 10% of the rent, both including any VAT. On £1,000 a month rent, £100 a month. Additional works, a gas certificate or an inventory for example, are at the published prices on our Landlord services and fees page and only when used.

Do you mark up contractor invoices? +

No. You pay the contractor's actual cost, and works above an agreed authority limit are approved by you before they are instructed. Our published prices apply only to work we do ourselves, and they are on the fees page for you to read before you sign anything.

How often do you inspect the property? +

Periodically through the tenancy, with a written and photographed report to you each time, and immediately when something reported suggests a closer look. The first inspection is early in the tenancy, when habits are being formed.

What happens at the end of the tenancy? +

A check out inspection against the inventory, proposed deductions evidenced and negotiated with the tenant, and any dispute taken through the deposit scheme's free resolution service. Then the property is re-marketed, and because the same file has run the tenancy, the void is usually short.

Fully Managed

What the 10% covers, beyond Rent Collection

What managed means under the 2025 Act

The honest arithmetic

Questions we are asked

Related services

Start with a figure in writing, and a straight answer.