{"id":16415,"date":"2018-04-24T08:49:45","date_gmt":"2018-04-24T08:49:45","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=16415"},"modified":"2018-10-05T10:13:57","modified_gmt":"2018-10-05T10:13:57","slug":"could-short-letting-your-property-be-the-solution-to-the-annual-property-price-drop","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/could-short-letting-your-property-be-the-solution-to-the-annual-property-price-drop\/","title":{"rendered":"Could Short-Letting Your Property be the Solution to the Annual Property Price Drop?"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p><span style=\"font-weight: 400;\">As property prices in London decrease year after year, property owners are less likely to sell and as a solution, are turning to short-letting their properties to earn money while they wait for house prices to increase. The average asking price in London has generally increased by month however the annual price change shows a decrease, with property prices in Inner London dropping by 2.8%.<\/span><a href=\"http:\/\/www.rightmove.co.uk\/news\/house-price-index\/\"> <span style=\"font-weight: 400;\">Rightmove\u2019s news update<\/span><\/a><span style=\"font-weight: 400;\"> shows the changes each month in the property market in London, as well as other parts of the U.K.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This results in property owners turning more to short-term letting solutions, such as holiday letting through<\/span><a href=\"https:\/\/www.airbnb.com\/\"> <span style=\"font-weight: 400;\">Airbnb<\/span><\/a> <span style=\"font-weight: 400;\">or<\/span><a href=\"https:\/\/www.expedia.co.uk\/\"> <span style=\"font-weight: 400;\">Expedia<\/span><\/a><span style=\"font-weight: 400;\">. Even though the price of a 2 bedroom flat in London has actually increased, albeit 1%, the same property can reach a yield of \u00a33,000 per month by short-term property letting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Property website,<\/span> <span style=\"font-weight: 400;\">Zoopla<\/span><span style=\"font-weight: 400;\">, compiled figures on which London boroughs were suffering the most and had the largest reduction in house prices. If you are interested in investing in property for short-term let, then the London Borough of Kensington and Chelsea in popular Zone 1 has had the largest reduction in average house prices with an average of 7.8%. This was then followed by just as popular, Westminster (-7.61%), Hammersmith and Fulham (-7.41%), and Camden (-6.99%). So if you are looking to invest in property, now seems to be a good opportunity in the capital. Or if you already own a property in these areas, maybe you want to wait before selling? If this is the case, why don&#8217;t you short let while you wait and earn money in the meantime?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Though selling your house seems like a lot of hassle, and short-term letting even more so,<\/span><a href=\"http:\/\/www.passthekeys.co.uk\/\"> <span style=\"font-weight: 400;\">property management company<\/span><\/a><span style=\"font-weight: 400;\">, Pass the Keys, can take out the stress of holiday letting by managing your property for you. Pass the Keys management service can maximise your occupancy levels, reaching almost 80% during high seasons. They can also take care of your listings and advertising, manage your bookings, provide 24\/7 guest support, and professional cleaning and maintenance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">London property owners Anne and Edward achieved success with <a href=\"https:\/\/www.thehouseshop.com\/property-management\" title=\"Property Management\">property management<\/a> company, Pass the Keys, by letting their two-bedroom flat in London for 4 months, earning \u00a312,150 in total. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another happy home-owner, Chris in London earned over \u00a39,100 in their 3-month duration of letting their two-bedroom flat with Pass the Keys. Chris also recommended his mother to the service, who now rents out her short term let in Brighton while she holidays in Spain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Discover how much you could earn by short letting your property with Pass the Keys by getting a free estimate for your property or contact our sales team on 0208 050 2818.<\/span>[vc_row][vc_column][vc_separator][vc_column_text]\n<h2>Find Properties to Rent in London and the Surrounding Area:<\/h2>\n[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/barnet\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Barnet<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/bexley\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Bexley<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/brent\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Brent<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/bromley\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Bromley<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/camden\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Camden<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/chelsea\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Chelsea<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/croydon\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Croydon<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/ealing\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Ealing<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/enfield\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Enfield<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/fulham\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Fulham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/greenwich\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Greenwich<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/hackney\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Hackney<\/strong><\/span><\/a><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/hammersmith\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Hammersmith<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/haringey\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span>\u00a0<span style=\"color: #f58350;\"><strong>Haringey<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/harrow\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Harrow<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/havering\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Havering<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/hillingdon\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Hillingdon<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/hounslow\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Hounslow<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/islington\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Islington<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/kensington\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Kensington<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/kingston\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Kingston<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/lambeth\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Lambeth<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/lewisham\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Lewisham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/london\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>London<\/strong><\/span><\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/merton\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Merton<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/newham\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Newham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/redbridge\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Redbridge<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/richmond\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Richmond<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/southwark\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Southwark<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/sutton\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Sutton<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/tower-hamlets\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Tower Hamlets<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/waltham-forest\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Waltham Forest<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/wandsworth\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Wandsworth<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\/greater-london\/westminster\"><span style=\"color: #1e3b5d;\">Property to Rent<\/span> <span style=\"color: #f58350;\"><strong>Westminster<\/strong><\/span><\/a><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"<p>As property prices in London decrease year after year, property owners are less likely to sell and as a solution, are turning to short-letting their properties to earn money while they wait for house prices to increase. The average asking<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/could-short-letting-your-property-be-the-solution-to-the-annual-property-price-drop\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":16416,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[1,10,16],"tags":[295,671,670,370,669,668,672],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2018\/04\/guest-post.jpg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/could_short-letting_your_property_be_the_solution_to_the_annual_property_price_drop_","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/16415"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=16415"}],"version-history":[{"count":2,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/16415\/revisions"}],"predecessor-version":[{"id":18199,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/16415\/revisions\/18199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/16416"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=16415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=16415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=16415"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=16415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}