It pays to take advantage of the Olympic letting boom

Landlord Expert
By Landlord Expert April 2, 2012 10:56

When you cast an eye over the competitors limbering up to rent out properties during the London Olympics and Paralympics, it brings to mind that moment in the Sydney 2000 games when novice swimmer Eric ‘The Eel’ Moussambani — competing thanks to a wildcard draw — found himself splashing his way to the 100m finish line in twice the time it took his professional rivals.

Similarly, two stratospherically different worlds are at play among the pool of rental properties waiting to be filled by the millions of visitors due to flock to London for this summer’s sporting action.

At one end of the spectrum there are the spare bedrooms, unfurnished buy-to-let flats and dubious websites that charge a fee to advertise your property but are reluctant to include their contact details (and probably can’t spell ‘accommodation’).

Your chances of getting bookings from them? Practically nil. And pity the overseas booker who believes that Plumstead is prime Greenwich, with equestrian mastery right outside the door.

At the other end of the market, however, a world of luxury awaits the sports fan with a six-figure sum to spend on renting a prime London property.

 

Landlord Expert
By Landlord Expert April 2, 2012 10:56

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