Fees & Charges
For Landlords
Fully Managed Service — 12% + VAT of monthly rent
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No additional hidden charges — maintenance and non-routine costs are billed at actual cost, always agreed with you in advance
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If a penalty arises due to our error, Shidai bears the cost
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Rent transferred to landlord within 3 working days of receipt, with monthly statement
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Annual financial summary provided to support tax filing
Let-Only Service — 8% + VAT of monthly rent
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Covers tenant find, referencing, and tenancy set-up
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Ongoing management (rent collection, maintenance, compliance) not included
For Tenants
In line with the Tenant Fees Act 2019, permitted charges are limited to:
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Rent
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A refundable tenancy deposit (capped at 5 weeks' rent where annual rent is under £50,000)
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A refundable holding deposit (capped at 1 week's rent)
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Payments associated with early termination, when requested by the tenant
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Payments for a default, e.g. replacing a lost key, or late rent (capped by law)
We do not charge tenants referencing fees, administration fees, or any other prohibited charges.
Redress & Client Money Protection
Shidai Property Management Ltd is a member of:
The Property Redress Scheme — Membership No. PRS040870
Client Money Protect — Membership No. CMP012134
Registered with the ICO for data protection — Registration No. ZB576201