Saturday, August 10, 2013

Renting in Central London

By Mark Hamilton


Property for let in London is not too tricky to hunt out and there are a number of points you need to mull over before taking one on. Lets can be anything from six months usually, and they can give the tenant a great deal depending on funds and what they are exactly looking for. Before signing on that dotted line, skim the below points to consider what's best for you.

Short-term

Short term lets in London are primarily used by large businesses as a substitute to hotels as they provide homely touches that can be lost in large chains, in matter how plush. The apartments are kept in great condition, just as a hotel, but also give visitors to the capital their own front door and a place where they can feel more at ease. You can find properties in Belgravia, Pimlico and Victoria for short term let.

Holiday home

When not being used by businesses many people choose short term accommodation for their holidays. Their home-from-home qualities give tenants access to conveniences such as a kitchen complete with crockery and oven and hub, meaning all the resident has to do is buy their chosen food. It is also not uncommon for short term accommodation to be priced up to 30% less than hotel rooms of a similar standard - so it can be a cheaper alternative for those staying for longer periods of time. The fantastic flexibility is also a big plus to short term lets as tenants often, at the landlords discretion, have the option to extend their occupancy.

What you need

Before deciding upon rental accommodation it is necessary to work out exactly what you need from the property. Will you be mostly out at work or home during the day? If you are staying there for a longer amount of time you will want there to be space to unwind, eat, cook and possibly even work on a project. Think about how many rooms you need - are you there to chill out, work or do you simply need somewhere to crash?

Choose a budget and stick to it

Prices lettings in London, can be extremely varied. Before even starting your search it is sensible to work out how much you have to spend, and stick to it. It is easy to get persuaded into spending a bit extra when you see new exciting perks to living in particular areas but make sure you have worked out a maximum you have the funds for.

Location

London is a large space with many stretching suburbs and areas offering contrasting worlds and opportunities. If the city is unknown to you try spending some time reading local websites to discover what each place has to offer.

Leisure or work

Business trips tend to focus around the East Central postcode where as people who visit London for leisure time may wish to reside in a more in central West London. If you can, find some time to have a walk around before you decide on a location.

Facilities

Each short term let will vary, however, it is not unreasonable to expect all white goods and wi-fi, but you may also find unfurnished properties. It is very usual to have to pay for building maintenance costs too.




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