SmartNewHomes

Landlords aiming to let out their properties on a short term basis may benefit from Association of Residential Letting Agents (ARLA) guidance.

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  • Short-term rental periods can be beneficial to both landlords and tenants if managed correctly, according to the Association of Residential Letting Agents (ARLA).

    Usually lasting between one week and one month, short-term agreements can be useful to property investors looking to fill rental voids or use vacant affordable homes.

    When arranging a short-term let, ARLA recommends an agreement in advance about tenant payment of utility bills.

    In addition, landlords should thoroughly clean the property and undertake any maintenance needed prior to the start of the rental period.

    Some tenants renting affordable homes for a shorter period of time expect additional services such as a laundry service for bedding and cleaning of the property.

    Providing multiple options for payment can also help to encourage prospective tenants, the association argues.

    Ian Potter, operations manager at ARLA, said: "If these tips are followed, it should be possible to strike a balance between remaining flexible with your rental offering and being a responsible short-term let landlord."ADNFCR-1100-ID-800564056-ADNFCR

    Some information contained herein may have changed since it was first published. SmartNewHomes strongly advises you to seek current legal and/or financial advice from a qualified professional. 

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