Letting agent fees, Leicester
How much do letting agents charge in Leicester? Full management is 12% to 14.4% of the rent.
On five Leicester agents’ own fee lists, read 26 October 2026, full management is 12% (First 4 Lettings) to 14.4% (Danvers Estate Agents) of the rent, VAT included. On the average Leicester rent that is £1,468.80 to £1,762.56 a year, before set-up fees.
- Fee lists
- 5
- Read on
- 26 October 2026
- Average rent
- £1,020 a month, ONS
Keeping the fee? LetCompliance is landlord software for running the whole let yourself: the advert, the tenancy agreement, rent by Direct Debit and Making Tax Digital, from £7.99 a month for one property.
Compare Leicester agents
What five Leicester letting agents publish
Every letting agent in England has to publish its fees with tax included (Consumer Rights Act 2015, section 83). These figures are read from the agents’ own sites, not from a summary, and each row links the page it came from. Each agent’s own list decides what you pay, and fees change.
What Leicester letting agents charge landlords
First 4 Lettings
Independent Clarendon Park, Leicester (LE2)- Full management
- 10% plus VAT 12% with VAT at 20%
- Set-up fee
- None listed
- Tenant find or let only
- Tenant find 75% plus VAT of the agreed monthly rent
- Rent collection
- Not listed
- VAT on the list
- Printed plus VAT
Moore & York
Independent Leicester city centre (LE1)- Full management
- 11% plus VAT, furnished or unfurnished 13.2% with VAT at 20%
- Set-up fee
- Initial set-up fee £195 plus VAT
- Tenant find or let only
- Tenant find only £500 plus VAT
- Rent collection
- Not listed
- VAT on the list
- Printed plus VAT
Keywest Estate Agents
Independent West End, Leicester (LE3)- Full management
- 11% plus VAT 13.2% with VAT at 20%
- Set-up fee
- £250 plus VAT per property
- Tenant find or let only
- Let only three quarters of a month’s rent plus VAT, minimum £495 plus VAT
- Rent collection
- Not listed
- VAT on the list
- Printed plus VAT
Danvers Estate Agents
Independent Western Boulevard, Leicester (LE2)- Full management
- 14.4% in total (12% plus VAT)
- Set-up fee
- New tenancy charge £399 plus VAT
- Tenant find or let only
- Let only the first month’s rent plus VAT, with the £399 plus VAT new tenancy charge
- Rent collection
- 9.6% in total (8% plus VAT)
- VAT on the list
- VAT included
Livingstone Property
Independent Clarendon Park, Leicester (LE2)- Full management
- 14.4% a month, VAT included, subject to valuation
- Set-up fee
- £475.00 initial tenancy set-up fee, VAT included, for a professional or family let
- Tenant find or let only
- Tenant find only 75% of one month’s rent plus VAT
- Rent collection
- Not listed
- VAT on the list
- VAT included
| Agent | Full management | Set-up fee | Tenant find or let only | Rent collection | VAT on the list | Source |
|---|---|---|---|---|---|---|
| First 4 Lettings Independent Clarendon Park, Leicester (LE2) | 10% plus VAT 12% with VAT at 20% | None listed | Tenant find 75% plus VAT of the agreed monthly rent | Not listed | Printed plus VAT | First 4 Lettings Fee list read 26 October 2026 |
| Moore & York Independent Leicester city centre (LE1) | 11% plus VAT, furnished or unfurnished 13.2% with VAT at 20% | Initial set-up fee £195 plus VAT | Tenant find only £500 plus VAT | Not listed | Printed plus VAT | Moore & York Fee list read 26 October 2026 |
| Keywest Estate Agents Independent West End, Leicester (LE3) | 11% plus VAT 13.2% with VAT at 20% | £250 plus VAT per property | Let only three quarters of a month’s rent plus VAT, minimum £495 plus VAT | Not listed | Printed plus VAT | Keywest Estate Agents Fee list read 26 October 2026 |
| Danvers Estate Agents Independent Western Boulevard, Leicester (LE2) | 14.4% in total (12% plus VAT) | New tenancy charge £399 plus VAT | Let only the first month’s rent plus VAT, with the £399 plus VAT new tenancy charge | 9.6% in total (8% plus VAT) | VAT included | Danvers Estate Agents Fee list read 26 October 2026 |
| Livingstone Property Independent Clarendon Park, Leicester (LE2) | 14.4% a month, VAT included, subject to valuation | £475.00 initial tenancy set-up fee, VAT included, for a professional or family let | Tenant find only 75% of one month’s rent plus VAT | Not listed | VAT included | Livingstone Property Fee list read 26 October 2026 |
Each agent’s list, line by line
First 4 Lettings A percentage of the rent printed before VAT, with no set-up fee listed.
| Service | To start | Ongoing |
|---|---|---|
| Full Property Management | None listed | 10% plus VAT |
| Tenant Find Service | 75% plus VAT of the agreed monthly rent | None |
- The page prints no set-up fee or other charge beside the rate, so ask which apply before you sign.
Source: First 4 Lettings, Landlord services, read 26 October 2026.
Moore & York An initial set-up fee, then a monthly commission printed before VAT.
| Service | To start | Ongoing |
|---|---|---|
| Fully Managed | Initial set-up fee £195 plus VAT | 11% plus VAT, furnished or unfurnished |
| Tenant Find Only | £500 plus VAT | None |
- A re-let is £160 plus VAT, and ending management without three months’ notice £250 plus VAT.
- Its fee table says every price is subject to VAT at 20%, while the same page gives an Energy Performance Certificate at £75 including VAT, so ask which applies to that fee.
Source: Moore & York, Lettings services, read 26 October 2026.
Keywest Estate Agents A set-up fee for each property, then a percentage printed before VAT.
| Service | To start | Ongoing |
|---|---|---|
| Fully Managed Service | £250 plus VAT per property | 11% plus VAT |
| Let Only | Three quarters of a month’s rent plus VAT, minimum £495 plus VAT | None |
- Its page says an inventory can be arranged for a small administration charge, with no figure given.
Source: Keywest Estate Agents, Landlord services, read 26 October 2026.
Danvers Estate Agents A new tenancy charge, then a percentage printed before and after VAT, with the inventory and deposit registration priced by size.
| Service | To start | Ongoing |
|---|---|---|
| Full Management | New tenancy charge £399 plus VAT | 14.4% in total (12% plus VAT) |
| Rent Collection | New tenancy charge £399 plus VAT | 9.6% in total (8% plus VAT) |
| Let Only | The first month’s rent plus VAT, and the £399 plus VAT new tenancy charge | None |
- An inventory is £198 plus VAT for one or two bedrooms, up to £365 plus VAT for seven or more, and registering the deposit £100 plus VAT for one or two bedrooms, up to £250 plus VAT for seven or more.
- Tenant references are £20 plus VAT for each adult. On full management, an annual tenancy review with serving of notices is £150 plus VAT and an end of year statement £95 plus VAT.
Source: Danvers Estate Agents, Landlord fees and services (PDF), read 26 October 2026.
Livingstone Property An initial tenancy set-up fee, then a monthly percentage with VAT included.
| Service | To start | Ongoing |
|---|---|---|
| Full Management for Professional / Family Properties | £475.00 initial tenancy set-up fee, VAT included | 14.4% a month, VAT included |
| Full Management for Student Properties | 75% plus VAT of one month’s rent | 14.4% a month, VAT included |
| Tenant Find Only | 75% of one month’s rent plus VAT | None |
- A tenancy renewal is £75.00, VAT included.
- Its own example: on a rent of £800.00 a month the tenant-find fee is £720.00, which is £600 plus VAT at 20%.
- Portfolios of three or more properties are priced by negotiation.
Source: Livingstone Property, Landlord fees, read 26 October 2026.
Before you compare
How Leicester fee lists differ
A set-up fee on top.
Moore & York charges an initial set-up fee of £195 plus VAT, Keywest £250 plus VAT per property, Danvers a new tenancy charge of £399 plus VAT and Livingstone £475.00 with VAT included for a professional or family let, or 75% of a month’s rent plus VAT for a student let. First 4 Lettings lists none beside its rate.
Tenant find as a share of the rent.
First 4 Lettings and Livingstone charge 75% of a month’s rent plus VAT to find a tenant, Keywest three quarters of a month’s rent plus VAT with a minimum of £495 plus VAT, and Danvers the first month’s rent plus VAT, with its new tenancy charge on top. Moore & York charges £500 plus VAT.
Extras priced by size.
Danvers prices an inventory from £198 plus VAT for one or two bedrooms to £365 plus VAT for seven or more, and registering the deposit from £100 plus VAT to £250 plus VAT.
Percent of what.
A rate can be charged on the rent due, the rent collected or all money received. Ask which, and whether the fee continues if you end the management but keep the tenant.
A year in Leicester
Full management on an average Leicester rent: £1,468.80 to £1,762.56 a year
The average private rent in Leicester was £1,020 a month in September 2026, on the Office for National Statistics’ latest figures. Full management at 12% to 14.4% of that is £1,468.80 to £1,762.56 a year, before set-up fees. LetCompliance Single is £95.88 a year for one property, paid monthly.
- Full management at 14.4%Danvers Estate Agents
- £1,762.56 a year
- Full management at 12%First 4 Lettings
- £1,468.80 a year
- LetCompliance Single£7.99 a month for one property
- £95.88 a year
The bars compare fees, not services. Full management includes someone who goes to the property for viewings, inspections and key handovers; running the let yourself, that person is you, or someone local you pay. Set-up, inventory and renewal fees come on top of the agent’s figure. Source: Office for National Statistics, Price Index of Private Rents, released 21 October 2026.
Or keep the fee
Run the whole Leicester let yourself, from £7.99 a month
That is £95.88 a year for one property, against £1,468.80 to £1,762.56 for full management on the average Leicester rent.
Plans are one price for each size of portfolio, never a charge per property, a month: £7.99 for 1 property, £14.99 for up to 3, £19 for up to 10, £29 for up to 20 and £49 for any number.
- Let it without an agent. Adverts, applications and viewings in one place, referencing paid per check, and an assured periodic tenancy agreement signed online.
- Start the tenancy right. The deposit’s 30-day protection clock and the Prescribed Information, with the gas, electrical and EPC certificates tracked and reminded.
- Get paid without a commission. Rent by Direct Debit, with a card link as a fallback, and arrears tracked and chased. LetCompliance takes no commission. Stripe charges 1% of each Direct Debit payment with a 20p minimum and a £4 cap, and £5 for a disputed payment.
- Handle the rest. Repairs reported by the tenant and sent to your own contractors, Section 8 and Section 13 notices on paid plans, and Making Tax Digital for Income Tax on UK property income, recognised by HMRC.
What an agent still does that software does not: turn up. Viewings, inspections, key handovers and being the tenant’s first call when something breaks stay with you, or you buy them in.
Licensing is separate from the agent’s fee. Whether a Leicester let needs a licence, and which, is on the landlord rules page for Leicester.
Online agents
National online agents, for comparison
They price the whole country, so they are kept out of the Leicester range. Their figures are the UK-wide comparison’s, each read on the date shown.
OpenRent
One-off fees and small monthly add-ons. No percentage of rent at any tier.
- Full management
- No full-management plan listed; Management Plus, £19 a month, covers emergency repairs, up to 3 fixes a year
- Set-up fee
- None beyond the advertising package
LettingaProperty.com
A flat monthly fee set by rent band, with no percentage of the rent.
- Full management
- Complete Care, a flat £109 to £159 a month inc VAT by rent band (no percentage)
- Set-up fee
- £199, covering 8 weeks of portal advertising
Purplebricks
A percentage of rent for the whole term, plus a set-up fee. Priced like a high-street agent, not like a flat-fee one.
- Full management
- 12% of the total rent for the term, minimum £81 a month
- Set-up fee
- £540 for full management outside London, £960 inside; £420 or £720 for rent collection
Method
How these figures were read
- Every figure is from the agent’s own fee page or fee PDF, read on 26 October 2026 and linked in its row. The law makes each letting agent in England publish its fees, with each amount including tax (Consumer Rights Act 2015, section 83).
- The range is the lowest and highest full management rate for a let to one household across the Leicester lists that charge a percentage, VAT included, packages with rent guarantee or extra cover among them. Where a list gives a band or a starting point, or a reduced rate shown against an original price, those figures count and the row says so. HMO, student and portfolio rates are in the lists, not the range.
- Where a list prints its rate only plus VAT, the figure with VAT at 20% (GOV.UK VAT rates) is shown beside it and counts in the range.
- Franchise branches are included: each sets its own fees, and its row names the company that runs it. National online agents are shown apart, from the UK-wide comparison.
- Left out of the range: flat fees, a rate whose VAT the list does not state, a tier sold as all-inclusive with no tenant-find fee added, and lists that give two different rates for the same service. Set-up fees have their own column; nothing is averaged.
- The average rent is the ONS figure for Leicester, all property types, for September 2026. The figures are general information, not legal, tax or financial advice.
Questions
Letting agent fees in Leicester: questions landlords ask
How much do letting agents charge in Leicester?
On five Leicester agents’ own fee lists, read 26 October 2026, full management is 12% to 14.4% of the rent, VAT included. First 4 Lettings lists the lowest rate. Danvers Estate Agents and Livingstone Property share the highest. Most also charge a fee to set up each tenancy, shown beside each rate on this page.
What does a letting agent cost a year on an average Leicester rent?
The average private rent in Leicester was £1,020 a month in September 2026 (ONS). Full management at 12% to 14.4% of that is £1,468.80 to £1,762.56 a year, before set-up fees. Running the let yourself on LetCompliance Single is £95.88 a year for one property.
Which Leicester letting agent lists the lowest management rate?
On these lists, First 4 Lettings, at 12% of the rent for full management, VAT included. A low rate can come with a higher set-up fee or a minimum charge, so compare the first year with every fee added.
Do Leicester letting agents quote their fee before VAT?
Most of these lists do. First 4 Lettings prints 10% plus VAT, which is 12% of the rent. Keywest prints 11% plus VAT, and Moore & York lists 11% with every price subject to VAT at 20%, so both come to 13.2%. Danvers prints both, 12% plus VAT and 14.4% in total, while Livingstone prints 14.4% with VAT included. Compare every quote with VAT included.
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