Letting Fee Structure

At Whitmore Residential, we aim to provide transparent and competitive letting fee structures for our landlord clients. Our letting fee structure is designed to offer flexibility and value, allowing landlords to choose the level of service that best meets their needs.

Let Only:

For our let-only service, our standard letting fee is usually equivalent to one month's rent. This fee covers finding and vetting tenants, arranging the tenancy agreement, and collecting the first month's rent and deposit. Our let-only service is ideal for landlords who prefer to manage the property themselves following tenant placement.

Rent Collection:

If landlords opt for our rent collection service, the letting fee may be slightly higher to reflect the additional ongoing support. Typically, the letting fee for rent collection is 8% of the monthly rent. This service includes all the features of our let-only service, with the addition of rent collection and monthly reporting to the landlord.

Fully Managed:

For our fully managed service, the letting fee is higher, 12% of the monthly rent. This premium service encompasses comprehensive property management, including rent collection, maintenance coordination, regular property inspections, and management of tenant issues. 

Our letting fee structure is tailored to provide landlords with the best possible return on their investment, while ensuring a high level of service and support.

We understand that each landlord has unique requirements, and we are always happy to discuss individual circumstances to create a bespoke letting fee package that best fits your needs. Get in touch with us to discuss detailed letting fee structures and how Whitmore Residential can assist you with your property letting needs.

All quoted prices include VAT.