Short-term Flat Lets in Glasgow?September 30, 2015 9:09 am
For both landlords and tenants there can be situations where a short term let can be an ideal solution. But how does it work and how can one find or offer short term flat lets in Glasgow?
Short term lets can be popular with homeowners who work abroad for periods of time, such as several months in a block. Rather than leave the home empty and at risk of vandalism or burglary, they seek to install a tenant for a shorter than normal term of time until they return. Another scenario is where a house is on the market but unoccupied. Rather than be forced to sell at a lower price rather than leave it standing, a homeowner may choose to install a short term tenant to help pay towards the cost of the mortgage until the property is sold. Some landlords actually prefer short term lets as they can create anywhere from 15 to 50% of the monthly rental price under an assured shorthold tenancy and aren’t committed to keeping the property for a longer period of time.
On the tenant side, who would want a short term let? For starters, the opposite of the work abroad person – someone working in the area for a short period of time who wants somewhere to call home but not a long-term rent. It is cheaper than hotel accommodation and more homely, especially if they bring family with them. People needing to be in an area for a time such as due to family concerns may also consider this type of let.
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