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  • More long term tenancies are needed

More long term tenancies are needed

17 Jun 2020

The market of short term lets has rocketed in recent years, to the direct detriment of long term renters.

As the profits in the holiday lets are higher than for the traditional rental market, many landlords have switched to seek higher returns, leaving fewer properties available for longer tenancies. This is bad news for tenants, who are loosing on two counts: it creates a shortage in rental accommodations, which in turn spurs a hike in price, as described in this article.

Unless there is an intervention from the government to regulate the sector, more homes will be lost to the benefit of short term lets, sadly.

At Rent Happily, we have always favoured long contracts, and our average tenancy length is twice as long as the sector average, as explained on our home page. We recognise that for a tenant to feel at home, it is paramount to enjoy the security of long term tenures.




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  • The team at Rent Happily is a pleasure to work with, they are easy to get hold of if need be and prompt to resolve problems. Thank you.

    Wayne A. Happy Tenant
  • This is our first let with Rent Happily. We have used numerous letting agents in the past and we are amazed by how much better in every department this agency is. The level of organisation and efficiency is fantastic. They really know their stuff and are on top of all the legal, financial and practical details. Their systems work and they are responsive to concerns and queries. The tenant selection process is based on finding a good fit for the landlord, the tenant and the property. The commitment to treating both tenant and landlord fairly is something we far prefer given the lack of ethical standard commonly seen in this business. This approach really takes the stress out of letting out a property. These are qualities we did never expected to find in this business and so we feel very lucky to have found Rent Happily.

    Margot Y. Happy Landlord
  • I have let through Rent Happily for a few years now and can honestly say they are the best letting agency I've used. They are friendly, reasonable and incredibly helpful. I highly recommend them.

    Niamh W. Happy Tenant
  • The team has been great at communicating with me and the tenants, and they have managed things expertly and hassle free. I have had a consistently high level of personalised service throughout what has been absolutely a superb experience.

    Ahmed O. Happy Landlord
  • Thanks for everything. You’re dealing with my application so efficiently and faster than anyone I've experienced before in this kind of situations.

    Matias J. Happy Tenant
  • It is great to know that my property is managed by a reliable team; it is quite simply a huge relief to know that they swiftly and responsibly take care of everything regarding the property and I can thoroughly recommend their services.

    Amy M. Happy Landlord