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Mid Term Serviced Properties in London & The UK

With many ways to rent your property today, it can be difficult to decipher where it’s best to turn your attention to generate more income.

  Veronica was a great host. House is as described and convenient for exploring Lewes!

thumb Thom And Anne
8/28/2023

Medium Term Lets - What They Are And How They Work

Deciding to choose one letting type over the other should be based on several factors, like the type of property you own, the rental market in the local area and whether it’s more tourist-based or residentially focused. Plus. the income you want to achieve and your investment goals will play a huge role.

If long-letting (12 months) or short-letting (3 months) isn’t right for you, mid-letting might. Medium-term lets, or mid-term lets sit between short and long-term letting options, which are utilised to rent your property for a couple of months.

Basically, it’s an alternative tenancy agreement that lasts from three to eight months.

Sultana Rabiya
Sultana Rabiya
30. March, 2023.
Great company with great people. Always responds on time.
leech3333
leech3333
5. March, 2023.
Highly reputable company, trustworthy and professional. Excellent management team, would definitely recommend to friends and family.
Christine James
Christine James
27. February, 2023.
Great service!! Really helpful with any queries we have, nothing too much trouble. Highly recommend!
Jack Beattie
Jack Beattie
22. February, 2023.
Thank you to everyone at Helloguest, appreciate all the help getting my property listed and booked out for the periods when I'm away. Veronica and Emily helped me get things set up and gave good advice on how to best furnish the flat including getting a sofa bed for extra guests. Customer service have always responded quickly and blocked dates for my stays. Would recommend to anyone looking for an Airbnb or short term rental management service.
Mariann Komar
Mariann Komar
24. January, 2023.
As a property owner it took a lot of time and work to manage bookings. Now that I found Helloguest I don't have to worry about anything while I'm abroad. They organize cleaning, take care of the guests and solve the maintenance issues. They also manage and advertise my place on many platforms. I can honestly recommend them because I'm very happy with their service. I know my place is in good hands.
Peter Hudson
Peter Hudson
24. January, 2023.
Helloguest have been managing my property for a number of years and I have found them to be honest, efficient and helpful. I would recommend them.
B Sykes
B Sykes
14. December, 2022.
I switched to HelloGuest after using another agency, which almost put me off Airbnb for good. Toby and Veronica however, have been incredible in turning things around. Property was managed well, cleaning all taken care of and looks like guests couldn't be happier. Would 100% recommend their services to anyone in need of Airbnb management in London or beyond.
michelle and gary homeowner photo

Why You Would Use A Mid-Term Let

  • Ideal for workers on short placement, who require a place to stay for the duration of their business contract or project. As well as consultants working on industry projects.
  • Students on short courses or staying in the area for work experience.
  • Families requiring accommodation whilst their primary homes undergo renovation work, expansion or maintenance.

We find that medium-term lets offer a similar flexible solution to short-term lets as they guarantee the property is booked over certain periods that might be quieter for holiday lets.

Let Us Take The Problem Out Of Your Hands (Fees from 12%)

Homeowners who choose HelloGuest are instantly relieved to hand over the worry about which letting type or rental period makes the most sense for their business goals and revenue targets.
 
Not only have we been known to guarantee rent every month, but we’re particularly talented at matching guests to your property – and just like in the short-let world, we select the most appropriate, high-quality tenants that maximise your rent. As a letting agency, our letting management package covers every important aspect you could think of to ensure happy guests and tenants.
 
Plus, did we mention you won’t need to do anything? It’s truly the perfect solution for all parties involved. Don’t wait, just contact.

Bridging The Airbnb Short-Term Gap

If you’re in the short-let world, you might be aware of growing legislation in major European cities that limit the number of nights stayed each year for short-term lets.
 
For example, if you’re managing an Airbnb in London, and your property exceeds 90 nights, you’ll need to obtain planning permission.
 
With it easier than ever to make money from tourism lets, cities have imposed certain rules to combat the problem of Airbnb taking over as the leader for tourism accommodation to protect pre-existing hotels and venues. Hence the 90-day limited short-stay each year.
 
However, utilising mid-term letting here has helped landlords work around the issue by allowing their properties full year-round whilst still maximising their rental income at every opportunity.

Mid-Terms Might Be The Alternative To Avoiding Short-Let Restrictions But Are They Recommended?

The positive to this type of let is that landlords can charge higher prices per night than long-term lets. As tenants stay for pre-agreed periods, the risk in failure to pay rent is minimised.

Plus, as the tenancy is viewed as an “out of season let” there are fewer formalities required to terminate the contract.

The downside to this type of let is that there is less demand for mid-term tenants – this is because it’s a niche industry group that either opts for short or long-term letting options.

We Take The Stress Away From Rentals

Our services operate from London but cover the most frequently visited, popular tourist destinations across EnglandScotland and Wales. Discover our property rental portfolio to see the types of properties we work with, from individual private homes and holiday properties to multi-unit/apartment blocks.

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Toby France

Trusted Property Manager & Co-Founder

“I’ve worked with thousands of short-let properties and helped every business determine their business goals and achieve them.”

Veronica Tribolati

Airbnb Manager

Being a natural extrovert and a go-getter, Veronica is a great communicator and is the face of HelloGuest.