Management fees · London
Property management fees in London in 2026 run from 11.7% to 17% of monthly rent plus VAT across the 6 agents whose published fees we checked, with 16% the typical figure. On a typical London rent of £3,600 that is £505 to £734 a month including VAT. Caso charges 8% plus VAT, capped at £150 a month including VAT, with no setup, renewal or exit fee.
| Fee | On £3,600 a month, inc VAT | |
|---|---|---|
| Lowest published | 11.7% plus VAT | £505 |
| Typical | 16% plus VAT | £691 |
| Caso | 8% plus VAT, capped at £150 inc VAT | £150 |
Last checked: 9 October 2026
What property management in London really costs, line by line.
See how agents usually charge, what VAT adds, and what the same property costs with Caso.
In London
London property management spans period conversions in Hackney, purpose-built blocks near Canary Wharf, and everything in between. Fee structures vary significantly between agents, and borough licensing requirements can add further charges that are not always clear upfront. See property management in London.
Comparing agents properly means looking beyond the headline percentage to what is and is not included in the monthly fee.
London agents typically charge a monthly management percentage plus a separate fee for finding a tenant. Indicative local rates vary considerably between boroughs and property types.
Some agents charge separately for handling borough licensing applications, particularly in areas running additional or selective licensing schemes, so it is worth asking whether this is included.
Management percentages are usually quoted monthly, and whether VAT is included varies by agent. A fee that appears competitive can look different once VAT is added on top.
Ask for the full VAT-inclusive monthly figure in writing before comparing agents across different boroughs.
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
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.
Full management on these London sheets runs from 14% to 20.4% inc VAT. Tenancy agreement fees range from £288 to £450, Prime London agent B, all lettings offices, has a minimum commission of £1,500, and renewal commissions keep charging after year one.
On a £2,000 a month flat, 20.4% is £4,896 a year before the agreement fee. Caso Complete at 8% plus VAT on the same rent is £1,920 plus VAT, with no setup or renewal fee.
With Caso, you pay the management percentage with no setup, renewal or exit fee. Third-party costs, including repairs and any council licence fee, are separate and passed on at cost.
Licensing is set borough by borough, so check yours. At the check date, Brent licenses every privately rented home outside Wembley Park. A selective licence is £640 (£340 on application and £300 on grant), with renewal at £600 and one or five year licences.
Newham runs borough-wide selective licensing to 31 May 2028 in all wards except Royal Victoria and Stratford Olympic Park.
Croydon and Waltham Forest run part-borough schemes started in 2025 and 2026. Fees vary, so use the borough page. Caso checks the borough for every London property we take on and applies where a licence is needed.
Setup fees, renewal fees at each tenancy extension, and exit fees for leaving the agent are all common in London, sometimes adding a meaningful amount to the cost of a tenancy over several years.
Request a full breakdown of these charges before signing a management agreement, as they rarely appear in the headline percentage.
Inventory reports and maintenance markups on contractor invoices are common additional charges, and can vary depending on property type and borough.
In boroughs with additional licensing schemes, some agents also charge for managing licence renewals separately, which is worth clarifying in advance.
Caso Portfolio is 5% of rent plus VAT, and Caso Complete is 8% of rent plus VAT. Rent guarantee is available at cost with no Caso markup. There are no setup, renewal or exit fees, and rent is paid within 3 working days of the tenant paying.
This applies consistently regardless of which London borough the property is in, including those with additional or selective licensing schemes.
General information, not legal or tax advice. Landlord information last reviewed: September 2026. GOV.UK: renting out a property
Cost comparison
Starts at the typical 2 bed rent in London.
Agent figures are indicative, from a published high-street fee sheet, April 2026. Your own agent's fees may differ. Finding a tenant is excluded on both sides.
Use the full fee calculatorWe manage, we do not let. When your property is empty we appoint one of the best letting agents in your area to find the tenant. Their fee is agreed with you in writing before anything starts, and Caso adds nothing to it. We brief the agent, approve the marketing, check every applicant's referencing, handle the move-in and protect the deposit. You deal with one company throughout.
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Useful landlord resources
Areas: Barking and Dagenham · Barnet · Bexley · Brent · Bromley · Camden · City of London · Croydon
Figures supplied on 11 October 2026. Monthly management on London's average rent of £3,600. VAT is included only where stated. Agent B uses supplied working bands: £109 below £1,000 rent, £129 from £1,000 to £2,000, and £159 above £2,000. These simplify its published bands. Setup and tenant-finding costs are separate.
£150 a month
£159 a month
£360 a month
£110 a month
£180 a month
£150 a month inc VAT
Flat fees look cheap until the setup fee, the tie-in and the tenant-find charge are added. Caso has none of them.
Caso has no own tenant-finding charge. The appointed local agent's fee still applies and is agreed with you first.
