Landlords are very savvy these days in the use of ideas to refurbish a property in order to raise its appeal and good rental deals. As the market for short let as well long let accommodation is growing in all central locations, landlords are packaging properties to stay ahead of competition.
Already serviced apartments have economical alternatives to expensive hotels and apartment owners are minting money in the thriving market. These fully-furnished apartments help guests to put up for a few weeks up to 6 months.
Notwithstanding the nomenclatures short term as well as long term letting allows the guests to find everything so comfortable and call it a home away from home. Since every facility is given all that a guest has to do is just unpack the belongings and start the life. There is enough peace of mind as every detail is attended to.
To say that some letting agents do not have the best reputation will not be an exaggeration. Despite the robust growth of private rented sector (PRS) at an impressive pace, there is a steep decline in the customer confidence level on many agencies. The blame must go to a handful of rogue operators who have let loose many bad practices and stymied the image of other professional agencies that are very law-abiding.
There is talk of hike in rentals in air. Rental hikes are borne by high demand when buyers decide to do wait and watch in the house sale market and prefer renting instead. The Affordability Index is a measure under the premise that an average family spends half of their pre-tax income to pay for down payments, municipal taxes and utilities. But mortgage lenders insist that payments must be below 30 percent of the income to be eligible for a housing loan. Continue reading
In a tough rental market landlords have to work really hard to secure the best tenants. So the strategy must be to make your property stand out from rest of the crowd. For that mere hospitality to tenants will not work. What wins over tenants is impressive ambience and looks that please the tenants.
Impress the Tenant