Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.

KFH Switches to Monthly Landlord Fees in Major Lettings Update

Kinleigh Folkard & Hayward (KFH) has announced a significant change to its landlord fee structure, moving from annual upfront charges to a monthly payment model. The agency, which operates more than 50 branches across London, says the new approach is designed to improve cash flow for landlords and reduce initial costs.

KFH stated that this change comes as the private rented sector faces increased compliance obligations and operational costs, particularly as the sector adapts to the requirements of the Renters’ Rights Act. The agency said the revised fee structure aims to offer greater flexibility and support for landlords during this period of regulatory change.

According to KFH, the new monthly payment model reflects broader trends in the London lettings market, where landlords are encountering new challenges and evolving requirements. The agency highlighted that its recent research shows continued resilience in London’s rental market, with average rents rising by 1.5% in 2025 and the supply of rental homes increasing by 3% year-on-year.

The move away from upfront annual charges is intended to make property management more accessible and to help landlords manage their finances more effectively. KFH emphasised that the new structure is designed to support landlords, whether they are existing clients, former clients, or those who currently self-manage their properties.

This update is particularly relevant for letting agents and inventory clerks operating in London, as it signals a shift in how fees may be structured across the sector in response to regulatory and market changes.