Fractional Letting is where a tenant rents a room or property for only part of the week, typically Monday to Friday. Often the rent will be about 60% - 70% of what it would be for the whole week.
If you have a spare room, why not consider renting it out for part of the week. Fractional Lets, or Monday-Friday lets, are increasing in popularity, particularly in big cities where rents for whole flats are high and so renting a room is much cheaper than renting a whole property. If you live in a city, then this may be the ideal choice for you. There will be tenants who would prefer to live in a home, rather than commuting daily, or living in a hotel.
Turn your spareroom into cash AND have your privacy at the weekends - get the best of both worlds!
Fractional letting can also be an option if you work away from home and return at weekends. Not only could you rent a room for yourself during the week, you could also let out your own home while you are away. You can effectively offset some of the rental costs with rental income from your main residence. Also your home is lived in 7 days a week, which will act as a deterrant to burglars. Result!
Our adverts allow you to specify if you are interested in fractional letting when you place an advert. You can choose if you are interested in All Week, Monday-Friday, or Saturday-Sunday.
Back to: