12/03/2020 12:41 pm
Hello,
I’ve been approached by a property sourcing group about one of my available properties.
They have said the following:
“We would take the tenancy on for a minimum of 1 year and then would re-let the property on a nightly basis, anything from 2 nights to 6 months, depending on their needs.The Company would be responsible for the rent, bills and low maintenance issues throughout the tenancy. They would also send in professional cleaners at least 3 times a week. Please let me know if your landlord is happy with this”
If the landlord was happy, would this be a Company Let or Rent to Rent arrangement?
3 Comments
12/03/2020 1:38 pm
This would be a rent to rent arrangement and very complex. Please see here for details: https://www.landlordsguild.com/12-considerations-for-rent-to-rent/
guildy
12/03/2020 1:39 pm
Haha that’ll be a no to her then. I don’t do complicated
kaysproperty
12/03/2020 1:52 pm
That is a good decision in our view! Rent to Rent can be a nightmare! (But in fairness, some people do make it work).
guildy