Property management
Full property management, from an agent who actually does it.
A good property manager collects the rent, keeps the home safe and legal, and deals with your tenant so you don't have to. Fees vary widely, and so does the service. Budgy compares local property management companies on both, negotiates the fee and gets you set up.
Free · Nothing goes to an agent without your sign-off
Why it matters more in 2026
Your manager's paperwork is now your protection.
Every record counts
Since 1 May 2026, possession depends on grounds and evidence. A missing certificate or unproven notice can stop a claim, so how well your manager keeps records matters.
Deadlines don't wait
Rent increases once a year on the right form, pet requests answered within 28 days, certificates renewed on time. A slow agent turns these into fines.
The fines are yours
Councils can fine landlords up to £7,000 for many breaches, and up to £40,000 for the most serious. Paying an agent doesn't move that risk.
What's included
What you should get for your fee.
Full management cost 9.6% to 20.4% of the rent including VAT at the agents we checked. This is what that should buy.
Money
- Rent collected and paid over promptly
- Clear monthly statements
- Arrears chased early
- Client money protection
Compliance
- Safety certificates renewed on time
- Deposit protected, prescribed information served
- Right to Rent checks
- Rent increases on Form 4A
The property
- Repairs triaged and handled
- Inspections with photos
- Inventory at move-in and move-out
- Emergency cover out of hours
Your tenant
- One point of contact
- Requests answered on time
- Notices served correctly
- Records you can take with you
These rules are for England. Wales, Scotland and Northern Ireland have their own, so check the requirements where your property is.
How Budgy helps
The right property manager, on the right terms. We do the legwork.
Tell us about your property
Where it is, what it rents for and what you need. If you already have an agent, send your terms and we'll check them.
We compare local managers
Fees, extras, service standards and contract terms side by side, in pounds a year on your rent.
We negotiate and get you set up
We agree the fee with the agent you choose and, if you're moving from another agent, handle the switch. Nothing goes to an agent without your sign-off.
Questions
Property management, explained.
What is property management?
For a landlord, it means an agent runs the let day to day: collecting rent, arranging repairs, keeping safety certificates and the deposit in order, inspecting the property and dealing with the tenant. It's usually called full management.
How much do property management companies charge?
In our research, full management cost 9.6% to 20.4% of the rent including VAT, depending on the agent and city. Set-up fees and monthly extras come on top, so compare the yearly cost in pounds.
What's the difference between a letting agent and a property manager?
Many firms do both. Letting covers finding and setting up a tenant; management is the ongoing work after move-in. Some firms only manage, and some letting agents only find tenants.
Can I change property management company?
Yes, even mid-tenancy. Your contract sets the notice period. The deposit, rent and records have to move in the right order, and we can handle that for you.
Is Budgy available in my area?
Comparing letting agents is open now: enter your property's address on this page and we'll email you a side-by-side report. Negotiating the fee and handling the switch are in private beta, opening area by area, and you can join the waitlist for that from your report.
Free · takes 2 minutes
Compare property managers near you
Type your property's address. We'll check the letting agents nearby on published fees, reviews and client money protection, then email you a side-by-side report, usually within 10 minutes. It's free.
- Fees
- Reviews
- Protections
Nothing goes to an agent without your sign-off.