Benefit from Corporate Lets

  • No need for multiple viewings
  • Charge corporate lets an admin fee
  • Easy, hassle-free payment in full

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There is no cost or obligation.

What Makes Us Different?

KP Property Estates is different by design.

At KP Property Estates we believe in adding value for our clients. For example, we take pride in our approach to all properties we take on. We treat them like it will be our own home and that means any light touches that may need doing up, we can take on that approach to fix things & make things look more glammed up without the landlord having to. We understand that if we look good by making sure the house is perfect then it will make yourself look good & tenants will want to stay & we pride ourselves on that.

What is a Corporate Let?

Corporate lets is the form of rent somewhere between a classical long-term lease and short time rent, dedicated for tourists.

The idea is that the company rents the property from the landlord, administers it and lets it for short and longer terms for employees of different companies. A corporate let is a type of rental strategy often offered by independent property advisors (IPAs) to provide landlords with a hands-off investment. It is like a single let; however, there are several key differences:

  • Firstly, the paying “tenant” is a company instead of an individual/couple/family.
  • Secondly, instead of an assured shorthold tenancy (AST) agreement between the homeowner (landlord) and the company there is either a commercial/corporate tenancy agreement or a management agreement.
  • Thirdly, this company takes over running and renting out the property (including all management of tenants and maintenance) for typically 3-5 years.

What is the Difference Between Corporate Let and Sub-letting?

The difference is that with subletting the landlord and Agency will assume you are living there, and you then decide to rent it out to other people without there knowledge. This is illegal!

Top 5 benefits of Corporate Let:

  • Hands-off approach
  • Guaranteed rent
  • No voids
  • Upkeep and maintenance
  • Not having to deal with multiple tenants

Landlords and HMOS

Why Do Landlords Find HMOSs a Problem Today?

  • Long void periods
  • Tenant not paying rent on one room & missing out on money
  • Having to look for multiple tenants instead of just one
  • Maintenance and upkeep
  • Not enough time to book multiple viewings for tenants or answer to there needs.

Letting Agencies and HMOS

Why Do Letting Agencies Find HMOSs a Problem Today?

  • Void Periods
  • Letting agency can no longer charge the tenant an admin fee so less money to be made
  • Having to look for multiple tenants instead of just one
  • Hands tied when it comes to maintenance
  • Wasted time and resource if tenant don’t show up

No Hassle. No Stress.
Property Management Simplified.