What Are Long Term Lets?

When it comes to accommodation like serviced apartments, you typically have a couple options in terms of the duration of your stay. Typically, people are used to short stays for a few days or weeks, particularly when visiting a new city. 

 

But, for some, a long term stay, or long let, is preferable. This guide will explain everything you need to know about long term lets.

 

Understanding Long Term Lets

While the definition may vary from country to country, in the UK a long term let refers to a residential agreement that lasts at least 6 months but can last up to usual maximum length of an assured shorthold tenancy of 12 months.

 

Because the concept of long term is a broad one, it does include  a number of different rental agreements such as student lets, council lets and private letting.

Long Term Let vs Short Term Let

Short term lets are typically things like a holiday rental, however, it can also include arrangements like renting out a room for a few weeks.

 

Shorter holidays are typically the primary reason you would want to go with a short term let as you really don’t need to commit to anything long term. 

 

While most people think of Airbnbs, service apartments are a great choice too.

 

Why Choose A Long Term Let?

For both tenants and landlords, there are real benefits to a long term let arrangement. 

 

The longer term contract provides increased security for all parties. Tenants know that they won’t have to leave soon and landlords can earn a consistent income.

 

If you are moving to a city like London for several months to a year, due to work, study or even health, then the idea of a longer term contract is very appealing. You don’t need to worry about moving every few weeks and can have a place to call home, even if only for a few months.

 

The only issue with a long term let is that you have to handle things yourself. You will need to arrange furniture as most options come unfurnished and you will need to deal with utilities yourself. 

 

The exception to this is if you are staying in a service apartment.

 

Long Term Service Apartment Lets

Service apartments combine the amenities and service of a hotel with the comfort of your own flat. This means you can expect high quality furnishings, cleaning service and even a 24 hour concierge.

 

These amenities are consistent whether you are staying for a few days or a few months. So, if you’re looking for a hassle free experience with a longer term commitment, serviced apartments are a perfect option for you.

Why Choose Stayprime

A Stayprime serviced apartment is a perfect choice for your long term stay in London. All our apartments are located in the most desirable and safe areas of London including:

 

• Notting Hill
• Fitzrovia
• Marylebone
• Kensington
• Earl’s Court

 

Stayprime’s long term lets prioritise comfort, flexibility and a hassle free process to ensure your experience is the best it can possibly be.  All our apartments are fully furnished, include a 24/7 support team and include everything you could possibly need on day one of your arrival.

 

Summary

Long term lets really refer to any stay that exceeds 6 months. And while you can have a long term let practically anywhere, if you want a truly creme de la creme experience, then there’s no better place to stay than a Stayprime serviced apartment.

 

Get in touch today to book your long term let today.