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Full Management

A letting agent service that covers marketing, referencing, tenancy setup, rent collection, repairs and compliance. Fees typically run 10-15% of rent plus VAT. The landlord remains legally responsible for compliance even when a full management agent acts on their behalf.

Reviewed by LetCompliance Editorial TeamLast reviewed April 17, 2026Editorial policy

At a glance

Typical fee
10–15% of rent + VAT
Scope
Marketing, referencing, setup, rent, repairs, compliance
Legal liability
Still the landlord’s

Full guide

Read the complete landlord guide on Full Management

Deadlines, fines and step-by-step compliance in our in-depth resource.

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Why Full Management matters for landlords

Full management shifts operational burden but not legal liability. A tenant deposit still has to be protected within 30 days regardless of whether the agent or the landlord did the admin, and the landlord is the one served if a council takes enforcement action. The quiet win in full management is a single audit trail per property, which is why landlords benefit from holding the compliance system themselves even when using an agent for day-to-day.

Related terms

Joint Tenancy

A tenancy where two or more tenants are jointly and severally liable for the rent and obligations. If one tenant leaves, the remaining tenants are liable for the full rent. A notice served by one joint tenant can end the tenancy for all.

Renters Rights Act 2025

UK legislation that received Royal Assent in 2025 and came fully into force on 1 May 2026. Abolished Section 21 no-fault evictions, converted all ASTs to periodic tenancies, extended the Decent Homes Standard to the PRS, introduced a private rented sector database and gave tenants the right to request pets.

Let-Only

A letting agent service limited to finding a tenant, referencing and drawing up the tenancy agreement. The landlord handles rent collection, repairs and compliance. Typical fee: one month's rent plus VAT.

Fitness for Human Habitation

The standard set by the Homes (Fitness for Human Habitation) Act 2018. Every rented home must be fit for habitation at the start of the tenancy and throughout. Tenants can sue the landlord directly for breach, without involving the local authority.

Accelerated Possession

A fast-track court procedure used under a Section 21 notice in England and Wales. Abolished for new claims from 1 May 2026 because Section 21 no longer exists. Possession is now pursued under Section 8 using a specified ground.

AST (Assured Shorthold Tenancy)

The most common form of private tenancy in England. From 1 May 2026 all existing ASTs converted to assured periodic tenancies under the Renters Rights Act 2025, and new fixed-term ASTs can no longer be created for most residential lets.