Short Term Lettings in London

Short-term lettings may not be a common concept everywhere but London is definitely witnessing a rise in the short-lets market. People have started preferring serviced apartments and short term rental accommodation instead of hotels due to their various benefits.

London is becoming a hub of a wide range of apartments available for short term lettings. Some reports even suggest that nearly 21 per cent of all such options in the UK can be found in the capital itself. And why not, London is also the hub of many career aspirants and tourists alike. So, all these categories of visitors together make a huge chunk of the short-let accommodation users.

Apart from them, the demand for short term lettings in London also increases with major events that take place here, such as the Olympics 2012 which has boosted the demand for short-lets this summer.



There is a double-aspect benefit of short term rental market explaining the reason behind its increasing popularity. One is from the tenant’s perspective and the other is from the view-point of landlords.

If you are a tenant, you can benefit from a short let in many ways. First of all, you get good value for money. You get a beautiful and neat serviced apartment all for yourself. The rents are usually quite affordable as compared to the rates of hotel rooms of same quality and standard. You can get hotel-like services also if you want.  And the best part is the independence you get while in a service apartment instead of a hotel which makes you bound to a particular schedule and service. The variety of short term accommodation available in the market is also quite huge.

While tenants are gaining in many ways by booking short term accommodation in London, landlords are not lagging behind either. They see this is as an easy and less complicated source of income. It has quicker returns, the amount is good and there are lesser legal formalities and paperwork involved as such, as compared to long term tenancies.


Some people, especially students who cannot afford a high room rent find short-lets in London a bit expensive. But for corporate and vacation purposes, they serve as an ideal accommodation.