Fully Managed

Fully Managed (also called Full Property Management) is a comprehensive letting agent service handling all aspects of property rental including marketing, tenant finding, rent collection, maintenance coordination, compliance management, and end-of-tenancy processes. Typically costing 10-15% of monthly rent plus VAT, this service suits landlords living far from properties, managing multiple units, or seeking hands-off investment.

What's Included

A typical fully managed service includes:

Marketing & Tenant Find:

• Property photography and listings
• Conducting viewings
• Referencing tenants
• Preparing tenancy agreements

Move-in Process:

• Check-in and inventory
• Deposit registration
• Serving required documents

Ongoing Management:

• Rent collection
• Rent arrears chasing
• Maintenance coordination
• Property inspections
• Tenant communication
• Compliance management

Move-out Process:

• Check-out inspection
• Deposit negotiations
• Finding new tenants

Typical Costs

Fully managed fees usually:

• 10-15% of monthly rent
• Plus VAT
• Plus setup/admin fees
• Renewal fees may apply

Who Benefits Most

Fully managed suits:

• Landlords living far from property
• Landlords with multiple properties
• Time-poor landlords
• First-time landlords
• Accidental landlords
• Landlords wanting hands-off investment

Comparison with Other Service Levels

For Letting Agents

Fully managed services require:

• Robust systems for tracking tasks
• Clear communication with landlords
• Reliable contractor network
• Strong compliance processes
• Regular reporting to landlords