What do letting agents in London charge?

14% to 20.4% inc VAT for combined letting and full management on these sheets.

Do I need a licence to let in London?

London licensing is set borough by borough, and several boroughs license most private lets. Ask the agent to check your borough and apply where required.

Is Caso a comparison site?

No. Caso is a property manager. The figures on these pages come from letting agents' own published fee sheets, with the source for each one listed on our city fees pages. If you send an enquiry here, it comes to Caso and is never shared with or sold to anyone else.

Why do you not name the agents?

The tables describe the kind of business and the office, so you can see the range of fees in a city. Each figure links to its published source on the city fees page.

What does Caso charge?

Caso Complete is 8% of rent collected plus VAT. Caso Portfolio, for two or more properties, is 5% plus VAT. There are no setup, renewal or exit fees.

How do I compare two agents fairly?

Add up a full year: the management percentage with VAT, the setup fee spread over the tenancy, any renewal fee and monthly extras. The calculator on this page does that for you.

Can I switch agents during a tenancy?

Usually, yes. Check your current agreement for notice and any exit fee. We arrange the handover with your agent and your tenant.

Compare

Compare letting agents in London

Published London agent fees set side by side with Caso, and a calculator to check your own. Caso is a property manager; your enquiry stays with us.

Landlords typically save £5,200 a year with Caso

Step 1 of 2

See how much you save monthly with Caso

Letting agent fees in London, side by side

Figures as published on each agent's own website on 9 October 2026. Inc VAT where the agent shows it inc VAT. Links go to the agent's fee page. If you are one of these agents and your fees have changed, email contact@caso.property and we will update the table within two working days. Email a correction
Agent	Full management	Setup or tenancy fee	Renewal	Other charges worth knowing	Source
Prime London agent A, all branches	Letting 13.2% inc VAT plus management 7.2% inc VAT for one or two properties: 20.4% inc VAT combined	Tenancy agreement £450	Letting renewal 12% inc VAT in years one and two, then 8.4%; management renewal 4.8%	Deposit registration £50; licence application £450 per person	Source
Prime London agent B, all lettings offices	17% plus VAT (20.4% inc VAT), minimum £1,500 inc VAT per tenancy	Tenancy agreement £288 inc VAT; referencing £60 per tenant	Same commission continues on renewal	Deposit registration £48; additional visit £150	Source
National franchise D, West End office	19.2% of rent inc VAT	£390 inc VAT	£186 inc VAT, then 7.2% commission after the initial term	Referencing £57.60 first tenant; Section 21 £60	Source
London agent, all branches	19.2% of rent inc VAT	£300 inc VAT	£180 inc VAT plus renewal commission 19.2%	Deposit registration £60 a year; deposit dispute £360	Source
National franchise A, Harrow office	18% of rent inc VAT	£300 inc VAT admin plus £100 referencing per tenant	Section 13 rent review £150	Cancellation £300; £50 admin on certificates and inventories	Source
National franchise B, Tottenham office	14% of rent inc VAT	Let only setup 10% of the rental term	£100	Anti-money laundering (AML) check £36 per person; works arrangement 12%	Source
Caso	Complete: 8% plus VAT, 8% of rent + VAT, capped at £150 a month including VAT. Portfolio: 5% plus VAT for two or more properties.	None	None	No exit fee. Third-party costs agreed separately, at cost.	Source

Figures as published on each agent's own website on 9 October 2026. Inc VAT where the agent shows it inc VAT. Links go to the agent's fee page. If you are one of these agents and your fees have changed, email contact@caso.property and we will update the table within two working days. Email a correction

Prime London agent A, all branches

Full management: Letting 13.2% inc VAT plus management 7.2% inc VAT for one or two properties: 20.4% inc VAT combined
Setup or tenancy fee: Tenancy agreement £450
Renewal: Letting renewal 12% inc VAT in years one and two, then 8.4%; management renewal 4.8%
Other charges worth knowing: Deposit registration £50; licence application £450 per person

Source

Prime London agent B, all lettings offices

Full management: 17% plus VAT (20.4% inc VAT), minimum £1,500 inc VAT per tenancy
Setup or tenancy fee: Tenancy agreement £288 inc VAT; referencing £60 per tenant
Renewal: Same commission continues on renewal
Other charges worth knowing: Deposit registration £48; additional visit £150

Source

National franchise D, West End office

Full management: 19.2% of rent inc VAT
Setup or tenancy fee: £390 inc VAT
Renewal: £186 inc VAT, then 7.2% commission after the initial term
Other charges worth knowing: Referencing £57.60 first tenant; Section 21 £60

Source

London agent, all branches

Full management: 19.2% of rent inc VAT
Setup or tenancy fee: £300 inc VAT
Renewal: £180 inc VAT plus renewal commission 19.2%
Other charges worth knowing: Deposit registration £60 a year; deposit dispute £360

Source

National franchise A, Harrow office

Full management: 18% of rent inc VAT
Setup or tenancy fee: £300 inc VAT admin plus £100 referencing per tenant
Renewal: Section 13 rent review £150
Other charges worth knowing: Cancellation £300; £50 admin on certificates and inventories

Source

National franchise B, Tottenham office

Full management: 14% of rent inc VAT
Setup or tenancy fee: Let only setup 10% of the rental term
Renewal: £100
Other charges worth knowing: Anti-money laundering (AML) check £36 per person; works arrangement 12%

Source

Caso Complete: 8% of rent + VAT, capped at £150 a month including VAT. Caso Portfolio (two or more properties): 5% plus VAT. Setup: none. Renewal: none. Exit: none. Deposit registration: included.

The percentage is half the bill

Take a London home let at £3,600 a month, the current two bed average. Using the published fees of a national franchise's London office, 18% inc VAT plus a £300 setup fee and a £150 renewal, the first year costs about £8,226.

On Caso Complete the same year is £1,800, with no setup, renewal or exit fee. That is £6,426 more in your pocket, or 1.8 months of rent.

See the full London fees page with sources

Compare your London agent with Caso

Set to a typical London rent of £3,600 a month. Change any figure to match your agent.

On £3,600 a month rent

Monthly rent

Current fee, inc VAT

Setup fee per tenancy

Renewal fee

Monthly extras

Tenancy length

months

What you pay now

£6,581 a year

A year, from the figures above

Caso Complete

£1,800 a year

8% of rent + VAT, capped at £150 a month including VAT

Caso Portfolio

£2,592 a year

5% plus VAT, two or more properties

Complete with rent guarantee (illustrative)

£2,768 a year

Against your agent total £6,581 a year. Supplied at cost, no markup.

You would pay £4,781 a year less on Caso Complete. That is 1.3 months of your rent.

Setup and renewal are spread over the tenancy length. Repairs, licences and insurance are excluded on both sides.

Email me this comparison

Property management companies in London: what to look for

Every fee in writing
Ask a London agent for its full landlord fee sheet, not just the percentage. Setup, renewal and exit charges often add as much again.
Repairs at cost
Check whether contractor invoices are passed on as they are, or with a commission added.
Rent paid quickly
Ask how many working days after the tenant pays you receive your rent, and whether statements show every charge.
Your money protected
Look for a client account, Client Money Protection and membership of a redress scheme.
Local licensing handled
London licensing is set borough by borough, and several boroughs license most private lets. Ask the agent to check your borough and apply where required.

Property management in London · Compare letting agents across the UK · Caso pricing

How to compare agents

Seven questions to ask every agent before you sign.

1What is the management percentage, and is it shown with or without VAT?
2What do you charge to set up a tenancy, and again for each new tenant?
3Is there a fee when the tenancy renews or the rent is reviewed?
4What does it cost to leave, and how much notice is needed?
5Do you add a markup to repairs, or pass on the contractor's invoice at cost?
6How quickly is rent paid to me after the tenant pays?
7Is my rent held in a client account covered by Client Money Protection?

Questions

Compare letting agents in London

See how much you save monthly with Caso

Letting agent fees in London, side by side

Prime London agent A, all branches

Prime London agent B, all lettings offices

National franchise D, West End office

London agent, all branches

National franchise A, Harrow office

National franchise B, Tottenham office

The percentage is half the bill

Compare your London agent with Caso

What you pay now

Caso Complete

Caso Portfolio

Complete with rent guarantee (illustrative)

Email me this comparison

Property management companies in London: what to look for

Every fee in writing

Repairs at cost

Rent paid quickly

Your money protected

Local licensing handled

How to compare agents

Comparing agents in London

Related in London