Do you know what is a short term let? The accepted industry standard tenancy agreement is 6 months and anything less than that is generally thought of as a short term let. Anything for less than six months is considered short term let; it could be for a few days, weeks or even months if if that’s what you want. A short term let could include houses, flats, bungalows, anything that a landlord needs to rent out. At the same time, if a flat is advertised for being available only for specific amount of time, that can also be considered as a short term let.
What are the reasons to consider choosing a short term let? Well maybe you might have to emigrate to another country for work, and need somewhere to stay for more than a couple weeks, which in this case a short term let might be perfect, as you could have a temporary flat to rent, for a fraction of the cost of actually purchasing a new bungalow. There are also other types of short term let properties which are normally run by businesses which provide luxury serviced or high level apartments for people in the business industry. A lot of short term let flats are situated within a city centre or in big towns, and are perfect for business people working away from home. They fuse both the comforts of a home, with the luxury of a hotel. Or if you are going travelling and plan to spend a few weeks in different cities or countries, going for a short term let would make things simpler than to always be searching for a place to stay.
However if you want something for longer, then have you considered a long term let? This would be perfect if you need a place to stay for longer than, say, six months, for example whether it’s for business or leisure. You could rent a villa abroad, or maybe a serviced apartment if you were being sent to work abroad for a year or so, as this would be perfect minus all the hassle or paperwork that normally comes with purchasing a property.
If you are a landlord who needs to rent out a property for short term let, be aware of things like landlord regulations, for example, gas safety certificates, before renting out a property. Otherwise if the tenant gets hurt or worse, you would like liable. As with renting out any property, there might be times where things break or the tenant doesn’t know how to use the oven, so the landlord should be able to help in those cases, even if it’s just for a short while.
Basically if you’re looking to rent somewhere for less than six months, you may want to consider a short term let, as opposed to living in a hotel for the same period of time.