Landlord Fees

Understand Landlord Fees for complete peace of mind around your property letting.

Landlords Fees should be simple to understand. That’s why we’ve kept them simple.

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Comprehensive services, simple prices.

Let Only (DIY)

Variable

first Month’s rent as Letting Fee

MORE INFO

Fully Managed

12%

of the rent each month
& First month’s rent
as Letting Fee

MORE INFO

Rent Collection

9%

of the rent each month
& First month’s rent
as Letting Fee

MORE INFO

Watch Zahid and Nihal explain about our Landlord Fees

You can download our full T&Cs here to get a full breakdown of our Landlord Fees by clicking on the image below.

All 3 services broken down and explained

Now that that the Landlord Fees have been covered, let’s have a look at what each services includes, the pro’s and cons, and who it suits best. Easier way to do this is to start with the basic package of ‘Let Only’ and see the difference as we keep adding services.

Let Only (DIY) service explained:

We are going to find the tenant and move them in. What’s included:

Advertise the property
Conduct the viewings
Thoroughly reference the tenants
Ensure the paperwork meets all compliance requirements before tenant collects keys

Suitable for:

Someone who has many years experience of dealing with tenancy management.
Someone who takes regular courses to keep up to date with compliance and legislation changes.

‘‘With Abbey Property I can relax knowing that I’m safe with my tenants because all the vetting and referencing has been done properly’’

The pros are:

Saves you a lot of time from having to do it all yourself when you’re already busy as it is.
Gives you nationwide exposure to tenants looking on the most popular portals.
Ensures your tenants are thoroughly vetted to minimise risk of rental defaults and damages.
Saves you money if you can manage yourself.
You have to be willing and competent to attend court if tenants break the contract.

The cons are:

You have to manage the tenancy yourself.
Requires you to have technical & legislative knowledge if you self-manage, or to always have access to a knowledgeable solicitor.
Requires you to be time rich to be able to research solutions and fix tricky situations.
Very soon will legally require you to be qualified and regulated.
Tenant could default on rent.

Rent Collection service explained:

We are going to find the tenant and move them in. What’s included:

Everything inside ‘Let Only’.
Duty of chasing rent.
Serving notices related to rent if in arrear or regularly late.

Suitable for:

Landlords who can handle all aspects of compliance and tenancy management, but would prefer a hand when it come to collecting rent.

‘‘The worry and angst around rent collection is a thing of the past now that Abbey Property’s professionals take care of my rent collection’’

The pros are:

Once less thing to worry about.
Suitable for landlords who want to get a bit hands on.

The cons are:

You still have to deal with the tenancy management yourself.
Compliance is still your responsibility.

Fully Managed (hands-off) service explained:

We find the tenant, move them in, collect the rent, and manage everything to give a complete hand’s off experience for you each month.

Advertise the property.
Conduct the viewings.
Thoroughly reference the tenants.
Ensure the paperwork meets all compliance requirement before tenant collects keys.

Suitable for:

Landlords who have commitments.
Landlords who want a truly hands-off & hassle-free experience.
Landlords who Someone who has many years experience of dealing with tenancy management.
Someone who takes regular courses to keep up to date with compliance and legislation changes.
Want a truly hand-off hassle experience.
Are looking to grow their portfolio.
Want every aspect to be done for them.
Aren’t comfortable with the endless compliance requirements.

‘‘One of my rental properties developed a plumbing problem while I was on holiday. Thank goodness I had taken the fully managed service so that the guys at Abbey Property sorted it out while I stayed on my sun lounger’’

The pros are:

Everything within ‘Let Only’ and ‘Rent Collection’ and much more!
A totally hands-off and hassle-free experience.
Experts dealing with your compliance and maximising your rental returns - cheaper than the cost of a daily coffee.
Our fully managed service is a good choice if you have a full-time job or other life commitments.
Want a truly hand-off & hassle-free experience.
Are looking to grow their portfolio.
Want every aspect to be done for them.
Aren’t comfortable with the endless compliance requirements.