Why More Landlords Are Leaving High-Street Letting Agents for HomeKey Residential
Why More Landlords Are Leaving High-Street Letting Agents for HomeKey Residential - price comparison
When it comes to managing a rental property, many high-street letting agents rely on long contracts, high percentage fees and a long list of additional charges. At HomeKey Residential, we take a different approach. Our service is built around transparent pricing, no unnecessary extras and hands-on management that protects your investment rather than eroding your profit. This comparison explains why more landlords across the South East are choosing to switch.
High-Street Agents: Low Service, High Fees
High-street agents typically charge management fees of 10–15% every month, often before any additional costs are applied. Once extra charges are added, the true cost of management can be significantly higher than expected. Many traditional agents charge separately for tenancy agreements, inventories and check-ins, check-out reports, serving Section 21 or Section 8 notices, rent review letters, property inspections, contract renewals, maintenance call-outs and contractor mark-ups. These costs quickly add up and can amount to hundreds of pounds over the life of a tenancy. High staff turnover is also common, meaning landlords often deal with multiple property managers who have little long-term knowledge of the property. Communication and response times can be slow due to centralised systems and heavy workloads.
HomeKey Residential: Transparent, Cost-Effective and Hands-On
HomeKey Residential charges a lower monthly management percentage than most high-street agents while including more as standard. Our management service covers tenancy agreement creation, inspections every three months, tenant-find administration, rent reviews and renewal documentation, serving Section 8 and Section 21 notices, eviction handling, GDPR-compliant documentation, full contractor management, 24/7 issue reporting and ongoing compliance checks. Landlords deal directly with Jordan Barnett, ensuring consistent communication and personal oversight of every property. Without corporate systems slowing things down, issues are resolved faster, tenants remain satisfied and void periods are reduced.
Comparison Overview
High-street letting agents typically charge 10–15% per month, plus additional fees for tenancy agreements, inventories, check-ins, check-outs, rent reviews, renewals, inspections, notices and contractor management. Many also apply mark-ups to maintenance costs and operate with long fixed contracts and frequent staff changes. HomeKey Residential offers a lower monthly percentage with most services included, no renewal fees, no contractor mark-ups, regular inspections, direct communication and flexible, transparent terms with South East–wide coverage.
Real Savings for Landlords
Most landlords save between £300 and £1,000 or more per year by switching from a high-street agent to HomeKey Residential, even before considering reduced void periods and improved tenant retention.
Making the Switch Is Simple
We handle the entire handover process, including communication with your existing agent. There is no downtime, no stress and no disruption for your tenants. You simply move to a better service at a lower cost.
