21
Nov
Short term rental accommodation during Summer in London 2012
London will host the Olympic Games between 27 July - 12 August
and the Paralympic Games between 29 August - 9 September 2012. It
is expected that millions of visitors will visit London during
these periods. Inevitably short term rental accommodation and
holiday lettings, not only near the Olympic Stadium but across
London, are expected to be in strong demand.
With such high demand for housing and accommodation during the
games, many homeowners and existing landlords are considering
letting out their property on a short term rental agreement. It is
not surprised that rental prices will go much higher than normal
and some visitors have started making enquiries with a hope to
securing a short term accommodation in good time. We even knew that
some overseas landlords have decided not to renew an existing
tenancy ending before the games so they themselves can come to stay
for a few months during these exciting times in London.