Buy-to-let Landlords to take advantage of Roomservice by CORT's solutions
Submitted by Laura Shepherd on 04/03/2009 - Senior Marketing Manager
The scheme allows investors to rent furniture on 12, 24 or 60 month plans and is tailored to meet the needs of each portfolio, with prices starting from under £100 per month.
Roomservice by CORT anticipates that the rental scheme will prove very popular with experienced buy-to-let investors looking to furnish a portfolio of properties for short or long-terms.
The rental scheme, which is open initially to customers with property in the south east of England, offers buy-to-let investors a number of distinct advantages over purchasing furniture:
- Renting furniture frees up capital as there is no front-end cash outlay, which can often be as much as £5,000 for a one-bedroom apartment in a city centre location.
- The scheme offers complete flexibility with the option to add or remove items to meet tenant demands, providing the landlord with a distinct advantage in a competitive rental market.
- Professionally furnished properties generate more appeal to tenants leading to faster letting, improved rents, longer tenancies and reduced void periods.
- Roomservice by CORT offers buy-to-let investors a wide choice of furniture options enabling a house or apartment to be tailored to meet the expectations of the property's target market.
- The furniture is installed directly by Roomservice by CORT saving the investor considerable time and hassle.
- Roomservice by CORT's substantial inventory of furniture means that properties can be furnished in days, allowing investors to let the property quickly, immediately generating an income stream.
- Roomservice by CORT will actively manage the furniture rented, replacing worn or damaged items where necessary, ensuring that the quality of the property's interior is maintained and always fresh.
- Roomservice by CORT's experience in the relocation sector means that required properties can be furnished down to the last detail including cutlery and crockery, enabling the apartment to appeal to the corporate let market.
- If the property is sold to another investor, the furniture rental contract can be assigned to the new leaseholder.