Short Lets in Knightsbridge, Chelsea, Belgravia, Kensington, South Kensington and Mayfair
A short let rental agreement offers the Landlord flexibility and often achieves higher returns than long lets.
It can be a useful way of managing voids between long term tenancies providing you with multiple marketing opportunities. If you are unsure of your plans and do not want to commit to a long term Tenancy, short lets provides flexibility. If you do not use your property for some months of the year, it can provide significant income as well as ensuring your property is occupied while you are away.
Many world wide companies are using short term lets as a cost effective solution to hotel accommodation. It also provides their personnel with a ‘home from home’ situation which is often more popular. Film companies often use short let properties while filming on location in London.
Short lets work in the same way as a long term tenancy with references, tenancy agreements, inventory checks being taken up before the tenancy starts. The only difference is that utilities remain in the Landlords name (Except telephone) and of course they should be fully equipped.