Loading...
  • 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.




Other News
Quotation Mark Quotation Mark
  • I had been lucky enough to find Rent Happily to let my flat; the quality of the service I received from the very beginning is second to none, understanding and always showing integrity. Due to the professional approach and client care, I feel very glad to have had my property managed by Rent Happily for over four years.  I know my tenants are happy and my property is looked after. Thank you for being such a great team!

    Liz M. Happy Landlord
  • 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
  • Rent Happily has been managing our properties for seven years now. As a team they are fantastic, whether liaising with tenants, keeping up to date with any maintenance when needed, or making sure that we always comply with any new regulations. When we have tenant changeovers, they have been very quick to find new tenants so any void periods have been minimal. I thoroughly recommend their property management services.

    Caryl and Becky W. Happy Landlords
  • I have happily rented properties with this company for over five years and have always been extremely happy with their professional work. They have always been there to help with any requirements. Great team to work with!

    Mark A. Happy Tenant
  • I have been with this team for five years fully managing my property; they have been very professional, friendly and helpful. My rent has always been on time and put straight into my account. An excellent experience!

    Sagheer A. Happy Landlord
  • We have rented a property with Rent Happily for 6+ years now. They have always been very helpful and if there are any issues they are happy to get the problem fixed, in the quickest, fairest manner. The team are very friendly and approachable, you couldn't ask for more.

    Tom C. Happy Tenant