Relocating to London on business can be an exciting yet daunting prospect. If you’re looking for a short-term tenancy of around 3-6 months, it can be incredibly challenging to rent a traditional rental property. A better, and often more affordable option (compared to a hotel), is to stay in a serviced apartment. This article will give you an insight into how simple and straightforward it can be to book a serviced apartment in London on a 3-6 month contract.
Alternatives to Traditional Rentals in London
Finding a traditional rental tenancy for 3-6 months is not easy, as most landlords demand a minimum 12-month commitment. For the uninitiated the normal direction for a 3-6 month stay would be to check into a hotel. However, there is now the option of a serviced apartment.
Hotels can be nice to stay in for a short period of time, but they are rarely suitable for longer stays. Hotels limit you to just one private room (plus en-suite), and although they often offer other facilities, they are unable to provide the space and the residential feel of a serviced apartment. When relocating for a number of months, you probably would want to stay somewhere that feels like your own home.
Staying in a serviced apartment has many added benefits to a traditional rental or hotel.
Typically, Serviced apartments offer:
- Weekly house cleaning
- Weekly Linen and Towel changing
- Concierge/reception or 24/7 contact number
- Laundry facilities
- Smart TV and Wi Fi
Serviced apartments combine the convenience of having your own personal space (not having to eat alone in a restaurant is definitely a plus); with the comfort of a well maintained serviced apartment, where you can cook your own meals and enjoy a quiet night in after a long day in the office.
Depending on the length of stay some property operators offer an assured shorthold tenancy which benefits the guest immeasurably as the rate can be much lower than normal serviced apartment rates and still provide all the benefits of a serviced apartment.
Aparthotels are also an available option. Perfect for 7-28 day stays, Aparthotels tend to be more compact and include kitchenettes rather than kitchens.
Comparing Hotels to Serviced Apartments
Importantly, hotels demand a nightly rate. Currently many hotels are offering dynamic rates which vary according to availability and can make the rates higher, whereas serviced apartments tend to offer weekly or monthly rates depending on the length of stay. Some properties on ASTs (Assured Shorthold Tenancy) are exempt from VAT.
- On accommodation – 20% VAT is usually applied for 28 nights and reduced to 4% thereafter.
Some serviced apartment properties are exempt of VAT which can also assist overseas guests
Remember personal service – We do!
Polly & Robert of Find London Apartments pride themselves on their independent, personal and reliable service, sourcing serviced apartments for customers relocating to London either from abroad or within the UK. They listen to their clients to ensure that their needs are met, whether they want advice on properties near to where they work or in a more residential area with good transport links to their office. The apartments on offer span the breadth of London, with featured locations including The City, Mayfair, Liverpool Street, West End and more. If you’re looking for short-medium term accommodation in London, get in touch today.