Tips for Letting to Companies
If you are letting to a company for their exec tenants, your property must be central - and close to a tube or train station (by which I mean less than 5 minutes walk).
Don’t come unstuck on furnishings and find out what the market wants first.
Bear in mind that those relocating with their families may bring all their furniture with them whilst singletons may expect you to provide a fully furnished place.
And of course, if you furnish, the standard has to be as good as any hotel. So forget MFI and Ikea.
Foreign expats in particular will look for large rooms and lots of storage space.
Generally, this market will be less price sensitive than normal lets -after all it is the company who is paying!
However for that they will expect not only good furnishings but a prompt and efficient service if anything goes wrong. So if the washing machine breaks down on a bank holiday, you’ll probably have to fix it that day and the extra call out cost will have to go and hang itself.
This is the last post before the New Year. It's time for a break!
I wish you a happy Xmas and a prosperous New Year. Good luck. David Lawrenson
Back to main site at www.lettingfocus.com
Don’t come unstuck on furnishings and find out what the market wants first.
Bear in mind that those relocating with their families may bring all their furniture with them whilst singletons may expect you to provide a fully furnished place.
And of course, if you furnish, the standard has to be as good as any hotel. So forget MFI and Ikea.
Foreign expats in particular will look for large rooms and lots of storage space.
Generally, this market will be less price sensitive than normal lets -after all it is the company who is paying!
However for that they will expect not only good furnishings but a prompt and efficient service if anything goes wrong. So if the washing machine breaks down on a bank holiday, you’ll probably have to fix it that day and the extra call out cost will have to go and hang itself.
This is the last post before the New Year. It's time for a break!
I wish you a happy Xmas and a prosperous New Year. Good luck. David Lawrenson
Back to main site at www.lettingfocus.com
This entry was posted by lettingfocus, on
Friday, December 22, 2006.
