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Looking for a luxury serviced apartment? Did you know that a lot of companies offer these properties on a short term let basis? A short term let is the accepted industry standard tenancy agreement is 6 months and anything less than that is generally thought of as a short term let. Anything for less than six months is thought of as a short term let; it can be for a few days, weeks or even months if needed. A short term let can include houses, flats, bungalows, anything that a landlord wishes to rent out. Also, if a property is advertised that it’s available only for x amount of time, that can also be considered to be a short term let.

What are the reasons to think about picking a short term let? Well maybe you might have to emigrate to another country for work, and want a place to stay for more than a few weeks, which in this case a short term let would be ideal, as you can have a temporary property to rent, for a fraction of the cost of actually purchasing a new house.

There are also other types of short term let properties which are usually run by businesses which provide luxury serviced or high level apartments for people in the business industry. A lot of short term let bungalows are situated within a city center or in big towns, and are ideal for business people working away from home. They combine both the comforts of a home, with the luxury of a hotel. Or if you are going traveling and plan to spend at least a few weeks in different cities or countries, going for a short term let  may make things simpler than to always be searching for a place to stay.

However if you need something for longer, then have you thought about a long term let? This would be ideal if you want a place to stay for longer than, say, six months, for instance whether it’s for business or leisure. You could rent a villa abroad, or maybe a serviced apartment if you were being sent to work abroad for a year or so, because this would be ideal minus all the hassle or paperwork that usually comes with buying a flat.

If you are a landlord who needs to rent out a flat for short term let, be aware of things like landlord regulations, for example, gas safety certificates, before renting out a property. Otherwise if the tenant gets hurt or worse, you would like liable. As with renting out any flat, there may be times where things break or the tenant doesn’t know how to use the oven, so the landlord should be able to help in those cases, even if it’s just for a short while.

So if you’re looking to rent a bungalow for less than six months, you may wish to think about a short term let, instead of living in a hotel for the same period of time.