Home  /  Insights  /  Property Management & Rentals/ Lettings
Property Management & Rentals/ Lettings  

Should You Use a Letting Agent? 5 Reasons Landlords Do

What an agent actually does for your fee.

Should You Use a Letting Agent? 5 Reasons Landlords Do Property Management & Rentals/ Lettings

Updated October 2026 · Fraser Bond

Landlords · Agents

Why use a letting agent

Compliance2026 rules
Tenantsreferenced
Rentcollected
Valuecalculator
In short: Letting rules have become far more complex: the Renters' Rights Act 2025 ended Section 21, made periodic tenancies standard and limited rent increases to once a year via the proper process, alongside safety certificates, deposit protection, right to rent checks and licensing. A good letting agent handles marketing, referencing, compliance, rent collection and repairs, and reduces voids. The fee is worth it if it saves you more in time, voids, arrears and legal risk than it costs.
Compliance

Certificates, deposits, licensing and the 2026 rules.

Finding tenants

Marketing, viewings and referencing.

Rent collection

And arrears handling.

Maintenance

Trusted contractors and inspections.

Legal protection

Correct notices and records.

Fee vs value
Annual fee–
Value of voids saved–
Net cost–

Your own time and risk reduction aren't included.

Frequently asked questions

What does a letting agent cost?

Often 10–15% plus VAT for full management.

Can Fraser Bond manage my property?

Yes.

Want your property managed?

Talk to our team or get a free valuation.

Speak to our teamGet a free valuation

Related guides

Next step

You are one message away from an answer.

If you have a question

Send it to us and get a straight answer.

Describe the property and the problem. We will tell you what we would do, what it should cost, and if we are not the right people, who is.

  • Replies the same working day
  • The person who answers is the person who handles it
  • No fee, and no obligation to instruct us
If you are looking for a property

See everything we are instructed on.

Sales and lettings across Prime Central London and the wider UK, with the same team behind every listing.

  • Residential and commercial in one search
  • Filter by borough, budget and size
  • Register once and we will send matches first