With Brexit dominating the dinner table conversation, so it quickly turns to the housing market and the most likely implications come 29th March. The outlook is bleak. Uncertainty so often results in ‘standing still’, which as we know is no good when it comes to buying and selling houses. As is usually the case, with such seismic change can so often come interesting outcomes. The sharing economy was built out of the ‘2008 crash’ and it continues to thrive in economic uncertainty due to the flexibility it provides. For those who are trying to sell second homes, or homes they don’t live in for long periods of time, responsible short-term letting should almost certainly be considered. Here Merilee Karr, CEO and Founder of premium short-term lettings provider UnderTheDoormat, explains why this alternative solution has its benefits:
1. Your home stays safe and secure – ‘lived in’ as opposed to empty
2.Working around Estate Agents and viewings
3. Keeping your home well- maintained whilst waiting to sell
4. Providing an additional income stream
Most homes have a mortgage or service charges and upkeep on them that still need to be paid for – whether the home is empty or not. By short-term letting your home, it provides you with an attractive income stream that can help cover the costs of your home until it sells for the right price. The typical UnderTheDoormat homeowner earns £10,000 per annum by short-letting their home – something to seriously consider in the midst of a turbulent property market.
Launched in 2014, UnderTheDoormat up was formed as a result of a passion to make the most of the staggering number of empty homes in and around London and, consequently, offer exceptional accommodation for those seeking out a ‘home from home’. Offering a completely effortless service for the homeowner, UnderTheDoomat manages in excess of 200 homes on and around London and works with individuals, property developers, relocation agents and estate agents to help homeowners maximise their return on what is arguably their greatest investment.
underthedoormat.com | +44 (0) 207 952 1650