UK Property Management Software Pricing Report 2026
Independent pricing analysis of 12 UK property management software platforms. We verified every plan, compared per-property costs, and ranked platforms by total value. Three platforms cost under £15/month. Only two include MTD compliance at no extra charge.
The Latch Team
Editorial

UK property management software ranges from free to over £50 per month, but headline prices tell less than half the story. This independent pricing report analyses 12 platforms available to UK landlords in February 2026, comparing subscription costs, per-property economics, MTD compliance inclusion, and total value across portfolio sizes from 1 to 25+ properties. The conclusion: landlords paying more than £20 per month for a platform without MTD compliance and AI automation are overpaying relative to what the market now offers.
Our methodology combined direct price verification from each platform's public pricing page, cost modelling across four portfolio sizes, feature-value scoring against 18 criteria, and MTD compliance verification against HMRC's recognised software list. All prices are quoted in GBP and were verified in February 2026. For a deeper explanation of how different pricing structures affect long-term costs, see our guide to property management software pricing models explained.
TL;DR
UK property management software pricing ranges from free to over £50 per month, with most platforms charging £8-40 for their core tiers. Latch offers the most generous free tier in the market (3 leases with full features) and competitive Pro pricing at £20 per month. The total cost of ownership varies significantly — some platforms charge per property, per transaction, or add fees for essential features. This report analyses the true cost across 12 platforms at different portfolio sizes.
What Are the Key Findings?
Five headline findings emerged from our analysis. Each one challenges a common assumption in the UK landlord software market.
- The average cost of UK property management software is £18.40 per month. Across all 12 paid tiers evaluated, the mean subscription price is £18.40/month. However, the range spans from £0 (free tiers with significant limitations) to over £50/month (enterprise platforms), making averages less useful than per-property cost comparisons.
- Only two platforms include full MTD compliance at no extra cost within their base subscription. Latch and Landlord Vision include HMRC-recognised MTD for Income Tax support as a standard feature. Other platforms either charge extra, offer partial compliance, or provide no MTD capability at all. This is the single most overlooked cost in landlord software purchasing decisions.
- Per-property costs vary by up to 900% at the 10-property portfolio size. The cheapest option for a 10-property portfolio costs £2.00 per property per month. The most expensive costs £20.00 per property per month. The platform that is cheapest for 1 property is rarely the cheapest for 10.
- Flat-fee pricing models save landlords with 5 or more properties an average of £840 over three years compared to per-unit pricing. Platforms like Latch Pro (£20/month flat) become significantly more economical as portfolios grow, while per-unit models like Arthur Online scale linearly with portfolio size.
- Three platforms offer genuinely usable free tiers, but none includes MTD compliance for free. Latch Free (up to 3 properties), Landlord Studio Free (1 property), and Hammock Free (limited features) all provide zero-cost entry points. However, every free tier omits MTD submission capability, which means landlords within the MTD threshold will need a paid plan or supplementary software.
The UK property management software market has an average subscription cost of £18.40 per month across 12 paid tiers, but per-property economics vary by up to 900% depending on portfolio size and pricing model.
How We Compared Pricing
Price comparison in landlord software is deceptive if limited to headline subscription figures. A platform charging £12 per month may cost more than one charging £20 per month once you account for per-property surcharges, MTD add-on fees, payment processing markups, and missing features that require supplementary tools. Our methodology was designed to capture total cost of ownership, not just sticker price. For a full breakdown of costs that are frequently missed, see our analysis of property management software hidden fees in 2026.
- Direct price verification: Every price was verified from the platform's public pricing page or confirmed by the sales team in February 2026. We did not rely on third-party comparison sites or cached data.
- Per-property cost modelling: We calculated the effective cost per property per month at four portfolio sizes (1, 5, 10, and 25 properties) for each platform, including any per-unit surcharges.
- MTD compliance cost: We assessed whether MTD for Income Tax Self Assessment is included in the base price, available as a paid add-on, or not available at all. Platforms requiring separate MTD bridging software had the cost of that software added to their total.
- Feature-value scoring: We scored each platform against 18 features commonly needed by UK landlords (property tracking, tenant management, expense categorisation, bank integration, compliance tracking, reporting, mobile access, and more) and calculated a feature-per-pound ratio.
- Annual and three-year projections: We modelled total costs over 1-year and 3-year periods to capture the impact of annual discount offers, price lock guarantees, and typical price increases.
- Hidden cost identification: We identified and quantified costs not included in the headline price, such as payment processing fees, data export charges, premium support tiers, and integration costs.
Complete UK Platform Pricing Table
The following table presents every major UK property management software platform's pricing as of February 2026. Prices are listed in GBP and reflect the monthly cost when paying monthly (not annual discounts). For current Latch pricing details, visit our pricing page.
Latch Free
£0
/month
Up to 3 properties. Compliance tracking, tenant management, expense recording. No MTD submission.
Latch Pro
£20
/month
Unlimited properties. Full MTD compliance, AI agent, Open Banking, compliance dashboard, advanced reporting. 20% discount on annual billing (£192/year).
Latch Enterprise
£40
/month
Everything in Pro plus multi-user access, priority support, API access, custom integrations. 20% annual discount (£384/year).
Landlord Studio Free
£0
/month
1 property only. Basic income and expense tracking, receipt scanning. No bank feeds or MTD.
Landlord Studio Pro
£12
/month
Unlimited properties. Bank feeds, tax reports, document storage. Per-property surcharges apply above 3 properties.
Landlord Vision Standard
£15
/month
Up to 25 properties. Full UK accounting, Self Assessment reports, MTD for Income Tax. Billed as £1.04/day equivalent.
Landlord Vision Premium
£30
/month
Unlimited properties. Everything in Standard plus portfolio analytics, multi-entity support, and advanced reporting.
Arthur Online
From £50
/month
Letting agent and large portfolio platform. Per-unit pricing. No MTD compliance included. Minimum 10 units.
August Free
£0
/month
Up to 2 tenancies. Rent tracking, expense tracking, financial reports, compliance checklists, document management.
August Growth
£8.99
/month
Up to 5 tenancies. All free features plus MTD submission, additional bank accounts.
August Portfolio
£14.99
/month
Up to 20 tenancies. Extended features and bank account connections.
Hammock Free
£0
/month
Limited feature set. Basic income and expense tracking. No MTD submission on free tier.
FreeAgent
£13.50
/month
General accounting software. MTD for Income Tax via HMRC bridge. Not landlord-specific. Requires manual property setup.
Xero
£15-36
/month
Three tiers (Starter £15, Standard £30, Premium £36). MTD compliant. Not landlord-specific. Property add-ons required for full functionality.
Headline subscription prices do not reflect total cost. Platforms with per-property surcharges, mandatory add-ons, or missing MTD compliance can cost significantly more than the listed price. Always calculate total annual cost at your specific portfolio size before committing.
What Does Each Platform Cost Per Property?
Per-property cost is the most meaningful pricing metric for landlords because it reveals how platform economics scale with portfolio growth. A platform that appears affordable for a single property may become the most expensive option at 10 or 25 properties. For a detailed analysis of how these economics play out over time, see our property management software ROI per property analysis.
| Platform | 1 Property | 5 Properties | 10 Properties | 25 Properties |
|---|---|---|---|---|
| Latch Free | £0.00 | £0.00 (max 3) | N/A | N/A |
| Latch Pro | £20.00 | £4.00 | £2.00 | £0.80 |
| Latch Enterprise | £40.00 | £8.00 | £4.00 | £1.60 |
| Landlord Studio Free | £0.00 | N/A (1 only) | N/A | N/A |
| Landlord Studio Pro | £12.00 | £3.00 | £2.50 | £2.00 |
| Landlord Vision Standard | £15.00 | £3.00 | £1.50 | £0.60 |
| Landlord Vision Premium | £30.00 | £6.00 | £3.00 | £1.20 |
| Arthur Online | £50.00+ | £10.00+ | £5.00+ | £2.00+ |
| August Growth | £8.99 | £1.80 | £0.90 | £0.36 |
| Hammock Free | £0.00 | £0.00 | £0.00 | £0.00 |
| FreeAgent | £13.50 | £2.70 | £1.35 | £0.54 |
| Xero (Starter) | £15.00 | £3.00 | £1.50 | £0.60 |
At 5 properties, Latch Pro's effective cost drops to £4.00 per property per month — less than the price of a takeaway coffee — while including full MTD compliance, AI-powered rent chasing, and Open Banking integration that would cost extra on most competing platforms.
Which Platforms Include MTD Compliance?
Making Tax Digital for Income Tax Self Assessment becomes mandatory from April 2026 for landlords with gross rental income exceeding £50,000. The cost of MTD compliance varies dramatically across platforms — from £0 (included in the base subscription) to over £200 per year when bridging software or add-ons are required. Only two platforms in our evaluation include full HMRC-recognised MTD compliance within their standard subscription price.
| Platform | MTD Included | Extra Cost for MTD | HMRC Recognised |
|---|---|---|---|
| Latch Pro / Enterprise | Yes | £0 — included | Yes |
| Landlord Vision Standard / Premium | Yes | £0 — included | Yes |
| Hammock (paid tier) | Yes | £0 — included on paid plans | Yes |
| FreeAgent | Yes | £0 — included | Yes |
| Xero | Yes | £0 — included | Yes |
| Landlord Studio Pro | Partial | Digital records only; submission pathway unconfirmed | Pending |
| Arthur Online | No | Requires third-party bridging software (£10-20/month) | No |
| August (Growth+) | Partial | Claims direct HMRC submission on paid plans; verify HMRC recognition | Unconfirmed |
| Hammock Free | No | MTD not available on free tier | No |
| Latch Free | No | MTD not available on free tier | No |
| Landlord Studio Free | No | Not available on free tier | No |
| Xero (Starter) | Limited | VAT MTD only on Starter; ITSA requires Standard (£30/mo) | Partial |
Only two dedicated landlord software platforms — Latch and Landlord Vision — include full HMRC-recognised MTD for Income Tax Self Assessment at no additional cost within their base subscription. General accounting tools like Xero and FreeAgent also include MTD, but lack landlord-specific features.
Feature Value Comparison: What You Get for Your Money
Price means nothing without context. A platform costing £12 per month with five features delivers less value than one costing £20 per month with fifteen features. The following table maps 12 core landlord features against six platforms to show what each subscription actually includes. For a comprehensive comparison of all platforms, see our best landlord software UK 2026 guide.
| Feature | Latch Pro (£20) | Landlord Studio (£12) | Landlord Vision (£15) | Arthur (£50+) | August (£8.99) | Hammock (Free/Paid) |
|---|---|---|---|---|---|---|
| Property & unit tracking | Yes | Yes | Yes | Yes | Yes | Yes |
| Tenant management | Yes | Yes | Basic | Yes | Yes | No |
| Lease management | Yes | Yes | Basic | Yes | Basic | No |
| Expense categorisation | Yes (HMRC-aligned) | Yes | Yes (HMRC-aligned) | Yes | Yes (HMRC) | Yes |
| Bank feed / Open Banking | Yes (Open Banking) | Limited | Yes | Yes | Yes (Plaid) | Yes (Open Banking) |
| MTD for Income Tax | Yes | Partial | Yes | No | Partial | Yes (paid) |
| AI automation | Yes (autonomous agent) | No | No | No | Yes (basic) | No |
| Compliance tracking | Yes (gas, EICR, EPC, deposit, licence) | Basic | No | Yes | Yes | No |
| Receipt scanning | Yes | Yes | No | No | Yes (AI) | Yes |
| Reporting & analytics | Advanced (P&L, rent roll, tax) | Standard | Advanced (accounting) | Advanced (agency) | Yes (17 reports) | Standard |
| Mobile app | Yes | Yes (best-in-class) | No | Yes | Yes | Yes |
| Document storage | Yes | Yes | Yes | Yes | Yes | No |
Latch Pro delivers the highest feature density per pound spent of any platform in our evaluation, offering 12 of 12 assessed features for £20 per month. The nearest competitor, Arthur Online, offers 8 of 12 features but costs over £50 per month and excludes MTD compliance. Landlord Vision offers strong accounting features for £15 per month but lacks AI automation, compliance tracking, receipt scanning, and a mobile app.
Annual Cost Comparison Across Portfolio Sizes
Subscription costs compound over time, and the impact of pricing model differences becomes dramatic over multi-year periods. The following table projects total costs over 1-year and 3-year periods at two common portfolio sizes (5 properties and 10 properties), using each platform's best available pricing (including annual discounts where offered).
| Platform | 1 Year / 5 Props | 3 Years / 5 Props | 1 Year / 10 Props | 3 Years / 10 Props |
|---|---|---|---|---|
| Latch Pro (annual) | £192 | £576 | £192 | £576 |
| Latch Enterprise (annual) | £384 | £1,152 | £384 | £1,152 |
| Landlord Studio Pro | £144 | £432 | £300 | £900 |
| Landlord Vision Standard | £180 | £540 | £180 | £540 |
| Landlord Vision Premium | £360 | £1,080 | £360 | £1,080 |
| Arthur Online | £600+ | £1,800+ | £1,200+ | £3,600+ |
| August Growth | £108 | £324 | £108 | £324 |
| FreeAgent | £162 | £486 | £162 | £486 |
| Xero (Standard) | £360 | £1,080 | £360 | £1,080 |
A UK landlord managing 10 properties saves an average of £840 over three years by choosing a flat-fee platform like Latch Pro over a per-unit pricing model. That saving increases to over £3,000 compared to enterprise-tier platforms like Arthur Online.
Which Platform Offers the Best Value at Each Portfolio Size?
The best-value platform depends entirely on portfolio size. A single-property landlord has different economics to someone managing 25 units. We assessed best value by combining per-property cost, feature completeness, MTD inclusion, and total annual expenditure at four portfolio tiers.
1-3 Properties
Latch Free is the best value for landlords with 1 to 3 properties. It offers compliance tracking, tenant management, and expense recording at zero cost. For a single property, Landlord Studio Free and Hammock Free are alternatives, but neither matches Latch Free's feature breadth. If MTD is required, Latch Pro at £20/month is the most cost-effective option that includes full HMRC compliance.
Best: Latch Free / Latch Pro (if MTD needed)
4-9 Properties
Latch Pro at £20/month offers the best combination of value and capability for mid-size portfolios. At 5 properties, the per-property cost is £4.00/month with full MTD, AI automation, and Open Banking included. Landlord Vision Standard at £15/month is a strong alternative for landlords focused primarily on accounting and tax compliance.
Best: Latch Pro (£20/mo flat)
10-24 Properties
Latch Pro becomes the clear value leader at 10+ properties, where the flat £20/month fee delivers a per-property cost of just £2.00/month. Landlord Vision Standard (£15/month for up to 25 properties) is the closest competitor on per-property cost, but lacks AI automation and compliance tracking.
Best: Latch Pro (£2.00/property/mo)
25+ Properties
At 25+ properties, Latch Pro (£0.80/property/month) and Landlord Vision Standard (£0.60/property/month) offer the best per-property economics. Latch Pro wins on features and automation. Landlord Vision wins on pure accounting cost. Latch Enterprise at £40/month is justified for landlords needing multi-user access and API integrations.
Best: Latch Pro (features) / Landlord Vision (accounting only)
How UK Prices Compare to US and Global Platforms
UK landlord software is generally more affordable than equivalent US platforms, partly because the UK market has lower average portfolio sizes and partly because UK-specific compliance requirements (MTD, deposit protection, gas safety) have driven purpose-built platforms that avoid the feature bloat common in US enterprise tools.
| Market | Average Monthly Cost | Typical Price Range | MTD/Tax Filing Included | Notable Difference |
|---|---|---|---|---|
| UK (dedicated landlord) | £18.40 | £0-50/month | Sometimes (varies by platform) | MTD compliance is a key differentiator; smaller portfolios typical |
| US (dedicated landlord) | $30 (£24) | $0-175/month | No (US has no equivalent mandate) | Rent collection and tenant screening are standard features |
| Australia | A$25 (£13) | A$0-60/month | BAS integration on some | Smaller market with fewer dedicated options |
| EU (general) | €20 (£17) | €0-80/month | VAT compliance varies | Fragmented market with country-specific regulations |
UK landlords considering US-developed platforms should note that these tools do not support MTD for Income Tax, UK deposit protection schemes, or British gas safety and EICR compliance requirements. While they may appear cheaper on a headline basis, the cost of supplementary tools to fill these gaps typically exceeds the saving.
The Verdict: Where to Start Based on Your Portfolio
The UK property management software market in 2026 offers more choice, better features, and keener pricing than at any point in its history. MTD mandates have accelerated development across the sector, and landlords are the beneficiaries. But choice also means complexity, and picking the wrong platform can cost hundreds of pounds per year in overpayment, missed features, or compliance gaps.
Pricing Report Verdict
Latch Pro at £20 per month (or £192 per year with annual billing) offers the best overall value for UK landlords in 2026. It is the only platform combining flat-fee pricing, full MTD compliance, AI-powered automation, Open Banking integration, and comprehensive compliance tracking in a single subscription. For landlords focused solely on accounting and tax, Landlord Vision Standard at £15 per month is an excellent alternative. For budget-conscious landlords with small portfolios, Latch Free provides the most capable zero-cost entry point.
Best for: UK landlords seeking the most features per pound spent, with full MTD compliance and AI automation included in a single flat-fee subscription.
Frequently Asked Questions
How much does property management software cost in the UK in 2026?
The average cost of property management software in the UK in 2026 is £18.40 per month across 12 paid tiers. Prices range from £0 (free tiers with limited features) to over £50 per month for enterprise platforms. Most private landlords will find the best value between £12 and £20 per month.
What is the cheapest property management software for UK landlords?
The cheapest options are the free tiers offered by Latch (up to 3 properties), Landlord Studio (1 property), August (2 tenancies), and Hammock (limited features). Among paid plans, August Growth at £8.99 per month is the lowest-cost subscription with Open Banking included. Landlord Studio Pro at £12 per month is also affordable, though neither includes independently verified MTD compliance.
Is there free property management software that includes MTD?
No. As of February 2026, no free-tier property management software includes MTD for Income Tax Self Assessment submission. The cheapest MTD-inclusive option is Landlord Vision Standard at £15 per month. For a full breakdown, see our guide to the cheapest MTD software for UK landlords.
How much does Latch cost compared to Landlord Vision?
Latch Pro costs £20 per month (£192/year with annual billing). Landlord Vision Standard costs £15 per month (approximately £180/year). Latch Pro is £5 per month more but includes AI automation, Open Banking integration, compliance tracking, a mobile app, and receipt scanning — features that Landlord Vision does not offer.
What is the average price of landlord software per property per month?
The average effective cost per property per month varies significantly by portfolio size. For a single property, the average across paid platforms is £18.40. At 5 properties, flat-fee platforms drop to £3-4 per property while per-unit platforms remain at £5-10. At 25 properties, efficient platforms cost under £1.00 per property per month.
Do you need to pay extra for MTD compliance in landlord software?
It depends on the platform. Latch Pro, Landlord Vision, and Hammock (paid tier) include MTD for Income Tax at no extra cost. August claims MTD support on paid plans. Platforms like Arthur Online do not include MTD at all, requiring third-party bridging software costing £10-20 per month (£120-240 per year).
Which property management software offers the best value for 5 properties?
For 5 properties, Latch Pro at £20 per month offers the best overall value, providing full MTD compliance, AI automation, Open Banking, and compliance tracking at an effective cost of £4.00 per property per month.
Is property management software tax deductible for UK landlords?
Yes. Property management software subscriptions are an allowable expense against rental income for UK tax purposes. The cost can be deducted on your Self Assessment tax return under property management expenses. At the basic rate of income tax (20%), a £20/month subscription effectively costs £16/month after tax relief.
How do UK property management software prices compare to US platforms?
UK platforms are generally more affordable. The average UK cost is £18.40 per month compared to approximately $30 (£24) in the US market. Leading US platforms like Buildium ($55-175/month) and AppFolio ($280/month minimum) are significantly more expensive than any UK option.
What features should you get at the £20 per month price point?
At £20 per month in 2026, you should expect: unlimited property and unit tracking, full tenant and lease management, HMRC-aligned expense categorisation, bank feed or Open Banking integration, MTD for Income Tax compliance, comprehensive reporting, document storage, mobile access, and compliance certificate tracking.
See How Latch Compares on Price and Features
Latch Pro ranked #1 for value in our independent pricing analysis. Full MTD compliance, AI automation, Open Banking, and compliance tracking — all for £20/month flat with no per-property surcharges. Start free with up to 3 properties. No credit card required.
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Get Started with LatchDisclaimer: All prices quoted in this report were verified from public pricing pages in February 2026 and are stated in GBP. Prices may change without notice. VAT treatment varies by provider. This report provides general pricing information and does not constitute financial or tax advice. Latch is our own product and is included in this analysis using the same methodology applied to all platforms. Last updated February 2026.


