Managing Agent Fee Comparison Calculator
Compare the cost of a professional managing agent against self-management for your block. Enter your agent's current or quoted fee and see the annual difference — and what that money could fund instead.
Your block details
Agent fee is charged:
Self-management costs (adjust if needed)
Typical: £500-1,500
Typical: £200-500
LevyBoard target: £15-25
Understanding managing agent fees
Professional managing agents typically charge £60-200+ per block per month for residential blocks in the UK. The fee varies by block size, location, and the scope of services included. Some agents charge per unit (£5-15/unit/month) rather than a flat rate per block.
Self-management eliminates the agent's fee but introduces costs for professional services you'll need to source separately: an accountant for year-end service charge accounts, directors' and officers' liability insurance, and potentially software tools to manage demands, arrears, and compliance.
The cost comparison alone shouldn't drive the decision. Consider the time volunteer directors will invest (typically 5-15 hours per month depending on block size and complexity), the common challenges self-managed blocks face, and whether you have enough willing directors to distribute the workload.
Important: This calculator shows the direct cost difference only. It does not account for volunteer time, one-off costs (legal fees for RTM acquisition, handover costs), or potential costs from compliance errors that an experienced agent might avoid.
Considering self-management?
LevyBoard is purpose-built for volunteer directors — guided workflows, automatic demand generation, and compliance tools at a fraction of a managing agent's fee.
This calculator is for general comparison purposes only and does not constitute financial advice. Actual costs will vary by block, location, and service scope.