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Landlord fees

Transparency on what landlords can expect when letting with Marsh & Parsons
Selling or Letting? Request a valuation
Made in Chelsea, in 1856 With over 160 years’ experience matching people and property throughout London, we’re not only one of London’s longest established agents, but also one of the most prevalent.
The best in the business Underpinned by a culture built on energy, agility, professionalism and knowledge, our local teams live and breathe our values. That means we go to great lengths to get the best results for our clients.
Local know-how, better results Our clients benefit from better results because we intimately understand - and are proud to be a part of - the communities in which we operate.

Once we’ve found the perfect tenant for your property, we’ll start preparing the tenancy agreement right away. The tenancy charges may vary, depending on the agreement we have with you, so it’s best to ask your local Marsh & Parsons office for a full breakdown of costs.

That said, we don’t want you to have any unwelcome surprises when it comes to signing the contract, so here’s a list of what you can typically expect to pay:

Lettings Service

  1. Comprehensive Management & Lettings Service

    Long Let (6 months or more): 16%+VAT (19.2% inc. VAT)
    Short Let (less than 6 months): 24%+VAT (28.8% inc. VAT)

  2. Lettings Service Only (including rent collection)

    Long Let (6 months or more): 10%+VAT (12% inc. VAT)

Tenancy Renewals

  1. Comprehensive Management & Renewals Service

    Long Let (6 months or more): 15%+VAT (18% inc. VAT)
    Short Let (less than 6 months): 24%+VAT (28.8% inc. VAT)

  2. Lettings Renewals & Extensions Service

    Long Let (6 months or more): 9%+VAT (10.8% inc. VAT)

Pre-Tenancy

  • Tenancy Agreement / Admin Fee: £270
  • Inventory: £144 to £258
  • Deposit registration: £36
  • Gas Safety Certificate (if required)
    • Managed property: £78
    • Non-managed property: £126
  • Legionella Legal Requirements  (if required): £102
  • Smoke and Carbon Monoxide Alarm Checks and Fixture
    • One alarm:  £90
    • Units thereafter: £24
  • Portable Appliance Test (if required)
    • Managed property: £66
    • Non-managed property: £114
  • Electrical Safety (EICR Test) (if required)
    • Managed property: £246
    • Non-managed property: £294
  • EPC (if required): £90

All fees stated are inclusive of VAT (calculated at 20%)

During the tenancy (if required)

  • Overseas Landlords not holding HMRC Exemption Certificates: £84 per quarter
  • Income & Expenditure reports and statements
    • Managed property: Free of charge
    • Non-managed property: £120

All fees stated are inclusive of VAT (calculated at 20%)

Post-Tenancy

  • Check-out report: £144

All fees stated are inclusive of VAT (calculated at 20%)

Why let with us?

  • Unbeatable local know-how
  • Award-winning customer service
  • The best possible price, in the shortest time 
  • Exposure to 1,000s of high-calibre and corporate tenants
  • Viewings and appointments that fit around your schedule
  • Totally switched on marketing and a brand Londoners love

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Marsh & Parsons is registered in England (Company No. 05377981) Registered office address: 80 Hammersmith Road, London, W14 8UD (VAT No. GB 842 7959 83) | Copyright © Marsh & Parsons 2018

Client Money Protection is provided by Propertymark. The redress scheme for Marsh & Parsons is The Property Ombudsman Scheme. Calls may be recorded and/or monitored for training and/or data protection purposes. We are members of The Property Ombudsman (TPO), there to protect your interests. We abide by the TPO code of conduct.

We may refer you to recommended providers of ancillary services such as Financial Services and Insurance. We may receive a referral fee for recommending their services. You are not under any obligation to use the services of the recommended provider, which may also be an associated company of Marsh & Parsons.