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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 might be for a few days, weeks or even months if if that’s what you want. A short term let might include houses, flats, bungalows, anything that a landlord wants to rent out. Also, if a flat is advertised for being available only for specific amount of time, that can also be considered as a short term let.
Why should you think about picking a short term let? Well maybe you have to emigrate to another country for work, and want a place to stay for more than a couple weeks, which in this case a short term let could be perfect, as you would have a temporary home to rent, for a fraction of the cost of actually buying a new property.
There are also other types of short term let properties which are normally run by businesses which offer luxury serviced or high level apartments for people in the business industry. A lot of short term let flats are situated within a city center or in big towns, and are perfect for business people working away from home. They combine both the comforts of a home, with the luxury of a hotel. Or if you are going traveling and plan to spend a couple weeks in different cities or countries, opting for a short term let could make things easier than to always be searching for somewhere to stay.
But if you require something for longer, then have you thought about a long term let? This would be perfect if you want somewhere 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, because this would be perfect without all the hassle or paperwork that usually comes with buying a home.
If you are a landlord who wants to rent out a home for short term let, be aware of things such as 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 home, there could 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.
So if you’re looking to rent a bungalow for less than six months, you might wish to think about a short term let, instead of living in a hotel for the same period of time.