Serviced accommodation services in Birmingham
Our premium property management service covers all aspects of the hosting process, taking the hassle away from property owners. We assess the suitability of your property to the short lets market, and prepare it for success on Airbnb. This involves arranging professional cleaning, interior design services and more to prepare your property for guests. We also arrange professional photography, to create an Airbnb listing likely to secure high occupancy rates.
We handle all guest communication, from taking bookings, responding to queries during their stay and completing check-outs. Our smart technology means that you can log in to view your reservations, and alter your block-out dates at any point.
Maximising rental income
Our team of property experts are always abreast of changes in the property market. We monitor changes in the short let space, looking at all factors which affect the pricing strategy, such as season, cultural or sporting events, and location. The most optimal pricing strategy will vary throughout the year, as demand changes due to various factors. We’ll monitor this, and advise you on the best strategy to gain maximum booking rates.
Factors to consider in order to maximise your earnings are:
- Season – summer and Christmas time can be particularly busy; properties can command higher prices.
- Events – popular events may mean you can increase the rent of a property close to the relevant venue or area.
- Market demand – certain times of year are busy for various reasons, such as a sudden spell of hot weather, or a series of business conferences. We’ll help you to identify these factors and adjust your rent accordingly.
Legal obligations for furnished short lets
The UK government has set particular regulations for furnished holiday lets. These are less onerous than those required for HMOs, but you need to ensure you comply with them as a landlord or tenant. Remember to consider the following:
- Mortgage terms. If you’re a landlord, contact your mortgage provider, or check the terms of your mortgage, before you let your property.
- Contact your local council. Sub-letting is not legal in certain areas. If you’re a council tenant, check with your local council before you sublet a property.
- Check tax obligations. There are special tax rules for properties categorised as furnished holiday lets. You might be entitled to Capital Gains tax relief, and to allowances for furniture and fixtures.