For a £700 a month let, fully managed, the first year with a Northumberland agent costs from £1,540 to £1,840 on the fees they publish (agents that state their VAT). That's a difference of about £300.
Cheapest£1,540first year, managed
Typical£1,540middle agent
Dearest£1,840first year, managed
First year cost, cheapest first
£700 a month, one new tenancy, the agent's set up or letting fee included, VAT included. Bars start at zero so lengths compare fairly.
We only rank fees we can total honestly. These agents publish some fees, but not enough to total a managed first year, or their page is unclear. Some still appear in the tenant find ranking:
Good to know. The monthly percentage is only part of it. Set up fees, tenancy agreements, renewals and repairs commission can add hundreds a year, so each agent's page shows everything they publish.