Tuesday, August 13, 2013

Lettings in Central London

By Mark Hamilton


Property to let in London is not too difficult to find but there are a few points you need to think about before signing on that dotted line. Rentals can be anything from six months upwards, plus they can offer a lot depending on your funds and specification. Before making a firm decision, read the points we've put together to give you a helping hand.

Short-term

Short term lets in London are often used by companies as an alternative to hotels as they offer home comforts and space to yourself that can be difficult to find in large chains. Pimlico, Victoria and Belgravia are areas where you might find such properties. They are kept to a high standard, just as a hotel, but allow visitors to the city their own front door and a more relaxed atmosphere.

Holiday home

For leisure many people choose short term accommodation for the same reasons as a business. Their home-from-home qualities give tenants access to facilities such as a kitchen complete with crockery and a fridge meaning that the occupier just needs to buy perishables. It is also not unheard of short term accommodation costing up to 30% less than hotel rooms of equivalent standard so it can be a cheaper alternative for those staying for longer periods of time. The immense flexibility is also attractive as you will often have the option to extend your tenancy at your landlord's discretion.

What do you need?

Before considering renting a property it is important to work out exactly what you need from it. If you are staying there for a number of months you will want there to be space to relax, eat, cook and possibly even study or work. Think about how many rooms you need in order to fulfil your purpose in the apartment - are you there to relax, work or do you simply need somewhere to sleep?

Choose a budget and stick to it

The cost for rental accommodation, particularly in London, can vary massively. Before even beginning your search for a property, You should aim to decipher exactly how much you have to spend, and make sure you don't budge. It is easy to get influenced into spending more when you see attractive accommodation or perks to living in certain areas however, try to work out a maximum you can afford before you go to avoid not being able to pay the rent in future.

Your 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 EC postcode where as holiday makers may wish to reside in a more W1 or SW area. Take a look around and get your bearings before settling on a location.

Facilities

Each property will differ but some will be furnished and may include white goods and internet access. Others may not - some may also have additional building maintenance charges.




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