How much do property management companies in London charge?

14% to 20.4% inc VAT for combined letting and full management on these sheets. Compare VAT, minimum charges and extras as well as the percentage. Caso Complete is 8% plus VAT; 8% of rent + VAT, capped at £150 a month including VAT. Caso Portfolio is 5% plus VAT for two or more properties.

What is the cheapest way to have a London property managed?

Compare the total annual cost for the work you need. Self-management avoids a management fee but leaves the work and legal responsibilities with you. Caso charges a percentage of collected rent with no setup, renewal or exit fee. The calculator lets you compare your own figures; no company is claimed to be the cheapest.

Do London property managers charge setup and renewal fees?

Some do. Check the published fee sheet and agreement for setup, renewals, rent reviews and leaving. Caso has no setup, renewal or exit fees. Finding a tenant, repairs and council licence fees are separate costs agreed with you.

Is Caso a letting agent?

Caso manages property; it does not advertise homes or conduct viewings itself. For an empty home we appoint a local letting agent, agree their fee with you in writing before work starts, add nothing and coordinate the process.

Do you cover all of London?

Yes. Caso manages houses and flats across London. We check the council licensing position at your exact address. The area links below show the local pages.

Fees compared · 2026

Property management companies in London

Choosing a property manager in London starts with the full bill, not the headline percentage. Ask for a fee sheet showing VAT, minimum charges, setup costs, renewals and exit terms. Spread one-off charges over the expected tenancy so you can compare like for like. Then check what the management fee includes. Rent collection, arrears follow-up, inspections, certificates and tenant contact should be explained before you sign. Ask how many working days pass between the tenant paying and the rent reaching your account. Check whether repairs are passed on at the contractor's price or carry a markup. Request evidence of Client Money Protection and redress membership, rather than relying on a badge alone. Local licensing knowledge matters too: the manager should check your exact address and explain any application costs. Finally, get the service, total fees and notice terms in writing. A lower percentage is not always a lower annual cost.

Property management in London

Property management company fees in London

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.

What a management fee should include

Rent collection and payment tracking
Arrears follow-up and dated records
Rent paid within the agreed working days
Monthly statements and contractor invoices
Tenant contact and an out-of-hours emergency line
Repairs agreed with you and passed on at cost
Inspection reports and follow-up
Safety certificate and renewal tracking
Tenancy and deposit protection records
Address-specific licensing checks and application support

Questions to ask any London property manager

1What is the total annual bill, including VAT and any minimum charge?
2What is included in management and what is charged separately?
3Are there setup, renewal, rent review or exit fees?
4How many working days after the tenant pays do I receive my rent?
5Do you add any markup or commission to contractor invoices?
6Which Client Money Protection and redress schemes do you belong to?
7How do you check the licensing rules for my exact property address?
8Who finds a tenant, who handles emergencies and how do I leave?

Compare your management bill in London

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.

Property management companies in London

See how much you could save on property management with Caso

Property management company fees in London

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

What a management fee should include

Questions to ask any London property manager

Compare your management bill in London

What you pay now

Caso Complete

Caso Portfolio

Complete with rent guarantee (illustrative)

Email me this comparison

See how much you save monthly with Caso