LEASING YOUR PROPERTY TO WEEKLY HOME
About Weekly Home
Weekly Home is a well-established company providing top-quality short let accommodation in Oxford and the surrounding area. Our customers include visiting academics, corporate visitors on short-term contracts, and holiday visitors.
Our short lets vary from a minimum of one week to several months or more, but two weeks is the average length of stay.
Despite the credit crunch, our business has grown significantly in recent years and we are looking for new properties to meet the demand from enquirers.
Owners with Weekly Home have three options: they can manage their own properties or the properties can be fully managed by us. For owner managed properties, our rental commission is 15% and for fully managed properties, our rental commission is 35%. Owners who choose the fully managed option are usually unable to do their own management because they do not live near enough to the property or are too busy.
The third option is to lease the property to us, at an agreed market rate, on a shorthold tenancy basis. We will then market and manage the property for short let through our website.
The advantages of leasing your property to Weekly Home
• We will lease your property on a continuous basis, covering the whole year, so that you will have none of the costly gaps between tenancies which normally occur.
• We will maintain the property for you in excellent condition.
• There will be much less wear and tear to the property from a series of short-let visitors than you would have from the continuous occupancy of a shorthold tenancy tenant. Short-let visitors ‘stay’ rather than ‘live’ in a property, with less belongings, less removals and an overall much lighter presence.
• You will have the financial security of a monthly rental and will not be subject to the risks of low occupancy during quiet periods.
Leased properties are the fastest-growing area of our portfolio as they offer clear advantages both to owners and to ourselves at Weekly Home. For more information about this and the other options available to owners working with us, please get in touch by email, info@weeklyhome.com , or phone our lettings team on 01993 811711. The best time to phone is a weekday morning, 9am-1pm.