London Olympics Continue to Build Up the Short-Lets Market

London, United Kingdom, July 12, 2012 --(PR.com)-- With the Olympics preparation in full swing, many lettings agencies have come up with their specialist teams for short-lets in London, particularly for the Olympics’ period. They are rigorously preparing for more and more short-let demand as the supply has already started falling short as compared to the huge demand of short-let service apartments.

Short Let Apartments, which is a London leading provider for short lets and serviced apartments during Olympics, said: “We are planning for the Olympics demand head-on and intend to arrange many short serviced apartments as possible, so that most of the demand for these apartments is met without any dearth of choices available for clients.”

A large percentage of home owners are trying to make it worthwhile to move out, put their belongings in storage and set up their house for the tenants’ requirements. They are seeing this as an opportunity to make the most from their property while the market is high for short-let services.

“Properties are being let on record rent. The rents secured this time have been over amount, in location for XX type of apartments. The hunt is still going on for rental property in London by many people, from within UK and abroad.”

On one hand the forthcoming London Olympics has brought a lot of opportunity to rent out long-held apartments.

On the other hand, it has also caused a number of landlords to consider losing a long-term tenant in order to take advantage of the high rental prices being advertised for short-term lettings.

“London Olympics is being seen as a golden period where the short-let properties are fetching good rental income to landlords. They are even getting cautious about maintaining and refurbishing their property to be able to rent at good rates.”

“The frenzy created by Olympics in the lettings domain can be seen with the huge number of properties available to rent online. Our website is updated with new short-lets for the upcoming season.”

However, “Short Let Apartments” advises the landlords to expect the rents suitably as the visitors seeking short-lets would obviously rent an apartment which is not too expensive. This will only help them in securing a short-lets tenant quicker.

Short Let Apartments specialises in short term lettings in London and is part of a property group with over 50 years' experience in the London residential lettings property market. We provide serviced apartments to corporate clients and business travellers and, with an extensive portfolio of fully furnished apartments on our database.