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D5
Self-Manage vs Use a Letting Agent
The Renters' Rights Act increases the compliance burden. Is DIY still the right call?
Compare your options
Self-manage
Pros
- Save 8–15% of rent
- Direct tenant relationship
- Full control
Cons
- Time + on-call burden
- Compliance risk you carry personally
- Limited reach for tenant find
Best for: 1–3 properties within 30 minutes of where you live.
Letting agent (full management)
Pros
- Compliance handled
- Rent collection + arrears chase
- 24/7 maintenance
Cons
- 8–15% of rent
- Variable quality
- You still carry legal liability
Best for: Out-of-area portfolios, busy professionals, 4+ properties.
Worked scenarios
2 local properties, £1,000 pcm each
| Option | Outcome |
|---|---|
| Self-manage | Saves ~£2,400/yr; ~30 hours' work. |
| Agent | Trades £2,400 for time + compliance comfort. |
Decision checklist
- Estimate hours per month you can realistically commit.
- Score yourself on compliance knowledge (RRA, gas, electric, deposit, EPC).
- Get 3 agent quotes and read their T&Cs carefully.
- Check ARLA / Propertymark accreditation.
Related guides
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