What a property management invoice template should cover
A property manager’s invoice is checked line by line against the management agreement, so every charge should point back to a clause in it. Name the property on each line, give the period the fee covers, and show how a percentage fee was worked out rather than quoting only the result.
- Your company name, address and VAT number if registered.
- The landlord’s name and address.
- Invoice number, date and the month or quarter covered.
- One line per fee per property, with the rent figure each percentage is based on.
- A note of any contractor bills paid on the landlord’s behalf, and where they appear.
Charging a management fee as a percentage of rent
The usual structure is a fixed percentage of the rent, set in the management agreement. Decide, and write down, whether it applies to rent due or rent actually collected.
As an example, rent of £1,450 is collected for October and the agreed fee is 12%. The fee is £174.00. A VAT registered agent adds 20% VAT of £34.80, so the fee line totals £208.80. Show the working: “Management fee, 12% of £1,450 rent collected, 14 Ash Grove, October 2026.”
Typical lines on a property manager invoice
Beyond the monthly fee, most charges are one off services listed in a fee schedule attached to the agreement. Keep the wording close to the schedule so the landlord can tick each one off. These prices are examples in pounds sterling, before VAT.
| Fee | Basis | Example |
|---|---|---|
| Full management fee | Percentage of monthly rent | 12% |
| Tenant find and referencing | Flat fee per new tenancy | £450 |
| Mid tenancy inspection with photo report | Per visit | £85 |
| Tenancy renewal paperwork | Flat fee per renewal | £150 |
| Arranging and supervising a repair | Flat fee per job | £40 |
| Inventory and check out report | Per property, by size | £120 |
Maintenance invoices for landlords: recharge or disbursement
When a plumber or electrician fixes something at a managed property, you can either pass their bill through as a disbursement or recharge it as part of your own service. The choice changes the VAT. HMRC lets you leave a payment out of your VAT calculation only when every condition for a disbursement in VAT Notice 700 is met.
Those conditions include acting as the landlord’s agent when you paid, the landlord being responsible for the cost and authorising the payment, the outlay being itemised separately on your invoice, and recovering exactly what you paid with no markup. If any condition fails, the cost becomes part of your own supply and VAT applies to it. Many agents keep contractor bills off the fee invoice altogether and show them on the landlord statement, with your coordination fee as a separate line.
Invoice versus monthly landlord statement
The landlord statement and the invoice do different jobs. The statement accounts for the landlord’s money: rent received, deductions and the net amount paid out. The invoice records your sale to the landlord: your fees and the VAT on them. When you deduct fees from rent, the landlord still needs the invoice.
Keep the two documents in step by quoting the invoice number on the statement line for your fees. If a tenant pays late or short, show the shortfall on the statement and follow the tenancy agreement for chasing it. Since the fee invoice repeats every month, our guide to recurring invoices explains how to schedule it.
Sending a rent invoice to a tenant
Commercial tenants and some residential ones ask for a rent invoice each period so their own accounts can pay it. It is a separate document from your fee invoice, issued in the landlord’s name or yours as agent, depending on your agreement. Show the property, the rental period, the amount and the payment reference.
Keep the due date identical to the date in the tenancy agreement. Whether VAT applies to the rent itself is a separate question for the landlord, so take advice before adding VAT to a rent invoice.
Using the letting agent sample
The buttons on this page download the layout in Word, Excel or PDF. To edit on screen, open the property manager invoice generator with the Leeds sample, which loads two percentage fees, an inspection, a renewal and a repair coordination fee with 20% VAT.
The UK VAT invoice template lists every field HMRC expects. Contractors who work for your landlords can use the handyman invoice or the end of tenancy cleaning invoice. All designs are in the invoice templates collection.
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