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AMBER STAYS

LANDLORDS SERVICES READING

Our goal is to streamline and enhance your serviced accommodation experience. With our hands-free management, you can enjoy higher returns on your investment without the hassle of managing day-to-day operations.

Amber Stays | Serviced Accommodation across the UK
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SHORT TERM RENTAL MANAGEMENT IN READING

Amber Stays provides hassle-free Airbnb management, handling everything from bookings and guest communication to cleaning and pricing, maximising your rental income.

GUARANTEED RENT IN READING

Amber Stays offers guaranteed rent services, providing you with fixed monthly income while we manage all aspects of your property.

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HOLIDAY LETS IN READING

Amber Stays offers stress-free holiday let management, taking care of everything from guest bookings and communication to cleaning and pricing, ensuring you maximise your rental income effortlessly.

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WE HELP LANDLORDS

MAXIMISE THEIR
PROPERTY INCOME

Our goal is to streamline and enhance your serviced accommodation experience. With our hands-free management, you can enjoy higher returns on your investment without the hassle of managing day-to-day operations.

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FAQs

FREQUENTLY ASKED QUESTIONS

  • What is Short Term Rental Property Management?
    Short Term Rental property management refers to the services provided to landlords who rent out their properties on Airbnb. The goal of Short Term Rental property management is to ensure that the property is well-maintained, clean, and ready for guests at all times. Just a few of the key tasks involved in Airbnb property management include: Guest communication: Responding to inquiries and messages from potential and current guests in a timely and professional manner. Check-ins Cleanings: Ensuring that the property is clean and ready for guests before and after each stay. Maintenance: Handling any repairs or maintenance issues that may arise during a guest’s stay.
  • Is an Airbnb difficult to manage?
    Yes, you can hire an Airbnb management service like Amber Stays to handle all the tasks involved in managing an Airbnb property. A professional management service takes care of everything, from guest communication to cleaning and maintenance, enabling landlords to adopt a more hands-off approach. This is particularly beneficial for landlords who live far from their Airbnb property or have other commitments that make self-management challenging. Hiring a management company can save you significant time and effort while maximising your returns!
  • What percentage does a Short Term Rental Management company take from the landlord?
    Short Term Renta management company fees can vary, but Amber Stays charges landlords 14% of the booking subtotal to manage everything on your behalf.
  • Is an Airbnb difficult to manage?
    Managing an Airbnb property can be time-consuming and demands meticulous attention to detail. However, an experienced Airbnb professional or management company like Amber Stays can handle it efficiently. The key to successful Airbnb property management lies in having a reliable system for guest communication, check-ins, cleaning, and maintenance. A professional management company provides this system, ensuring your property is always guest-ready and managed seamlessly.
  • Is it worth it to hire an Short Term Rental management company?
    Yes, hiring an Short Term Rental manager can be a valuable choice for landlords looking to save time, enhance the guest experience, and maximise profits. An Short Term Rental management service takes care of all aspects of property management, including guest communication, check-ins, cleaning, and maintenance, allowing landlords to focus on other priorities.
  • How many Airbnbs can one person manage?
    The number of Airbnbs one person can manage depends on factors such as property size, location, and the level of service required. Experienced professionals or management companies like Amber Stays can handle multiple properties efficiently, ensuring each one receives the attention and care it needs. For individual landlords, managing even a single property can be time-intensive and demanding, often requiring significant personal time and effort to keep everything running smoothly.
  • Can an Short Term Rental management company help me with check-in and check-out processes?
    Yes, many Short Term Rental management companies offer assistance with check-ins and check-outs. They can help you set up self-check-in options, handle key exchange, and provide guests with detailed instructions on accessing and vacating the property. They can also take care of all other aspects of Airbnb management, such as accepting bookings, responding to guest enquiries and arranging cleaning and maintenance services. To find out more, contact Amber Stays today.
  • What is guaranteed rent?
    Guaranteed rent is a service where a property management company or local council ensures the landlord receives a fixed monthly rental income, regardless of whether the property is occupied or vacant. The management company handles all aspects of property management, including finding tenants and ensuring timely rental payments. This arrangement offers landlords a stable income stream and minimises risks associated with void periods and non-payment of rent.
  • How does guaranteed rent work?
    Under a guaranteed rent scheme, the landlord enters into a contract with a management company, agreeing to rent the property to them for a fixed period. The management company takes full responsibility for the property, including its management and tenant arrangements. The landlord receives a guaranteed rental income each month, typically for a term of 3–5 years, with the possibility of extensions upon renewal.
  • How does guaranteed rent benefit landlords?
    Rent to rent landlords enjoy a reliable and consistent rental income, even when the property is vacant. The management company takes on the responsibility of filling the property, managing the property, and dealing with any maintenance issues that arise. This can save the landlord a lot of time, money, and hassle.
  • Is guaranteed rent only available for commercial properties?
    No, rent guarantee schemes are available for both commercial and residential properties.
  • Can guaranteed rent be applied to residential properties as well?
    Yes, rent guarantees can be applied to both residential and commercial properties.
  • Is there a minimum or maximum length of time for guaranteed rent agreements?
    The duration of guaranteed rent agreements varies by management company, but Amber Stays typically offers contracts ranging from 3 to 5 years. For new landlords, an 18-month trial tenancy is sometimes available.
  • Are there any fees associated with guaranteed rent?
    There are no fees when using a guaranteed rent scheme with Amber Stays. For landlords, it operates much like a standard tenancy, but the contract is between the landlord and Amber Stays. This arrangement can save landlords a significant amount of money.
  • Is there a limit to the amount of guaranteed rent I can receive?
    The amount of guaranteed rent can vary depending on the location, size, and condition of the property, as well as the terms of the contract.
  • Can I receive guaranteed rent if my property is currently vacant?
    Yes, guaranteed rent is provided even if the property is currently vacant.
  • Can I receive guaranteed rent if my property is currently occupied by a tenant?
    It depends on the terms of the existing tenancy agreement. Amber Stays would either take over the current tenancy agreement or wait for it to expire before renting the property directly. This approach is common among rent-to-rent companies.
  • Can I receive guaranteed rent if my property is in need of repairs or renovations?
    The requirement for repairs or renovations depends on their extent. Amber Stays may ask the landlord to complete necessary repairs or renovations before entering into a guaranteed rent agreement. This practice is common among rent-to-rent companies.
  • Is guaranteed rent available in all areas or only certain locations?
    Amber Stays offer guaranteed rent across the whole of the UK including all the major cities.
  • Can I receive guaranteed rent if I have multiple properties?
    Yes, guaranteed rent can be applied to multiple properties. Amber Stays will generate a specific quote for each property or block of flats.
  • Can I sell my property while under a guaranteed rent agreement?
    Selling a property under a guaranteed rent agreement can be more complex. Landlords should review the contract terms regarding property sale and termination clauses. It might involve providing notice to the management company and settling any outstanding payments or penalties as per the agreement.
  • How is the rent amount determined in a guaranteed rent scheme?
    The rent amount is usually determined through a market analysis and property evaluation conducted by the management company. It is often slightly below the market rate to compensate for the guaranteed income and hassle-free nature of the service.
  • How can landlords find reputable guaranteed rent providers?
    Landlords should conduct thorough research to find reputable guaranteed rent providers. Reading reviews, seeking recommendations from other landlords, consulting real estate agents, and reaching out to local landlord associations can provide valuable insights. It’s important to choose a reliable and trustworthy provider with a proven track record of fulfilling guaranteed rent agreements and managing properties effectively.
  • Can I customise the guaranteed rent agreement to meet specific needs?
    Some management companies offer customizable guaranteed rent agreements tailored to specific landlord requirements. Landlords can discuss their preferences and needs with the management company before finalising the agreement. Customization options might include services offered, rent amount, contract duration, and other terms, ensuring the agreement aligns with the landlord’s individual circumstances and goals.
  • Are there any additional fees associated with guaranteed rent schemes?
    Landlords should inquire about any additional fees or charges related to guaranteed rent schemes. Some management companies deduct administrative fees, maintenance costs, or other expenses from the guaranteed rent amount. It’s essential to understand the fee structure and any potential deductions before entering into an agreement. Clear communication and transparency regarding fees are crucial for a successful partnership between landlords and guaranteed rent providers.
  • What happens if the tenant damages the property in a guaranteed rent scheme?
    In most guaranteed rent schemes, the management company takes responsibility for handling damages caused by tenants. They typically use the security deposit held from the tenant to cover repair costs. If the damages exceed the deposit amount, the management company might cover the additional expenses or have insurance policies in place to address such situations. Landlords are usually shielded from the financial burden of tenant-induced damages.
  • Is there a difference between guaranteed rent and rent-to-rent schemes?
    Yes, there is a difference between guaranteed rent and rent-to-rent schemes. Guaranteed rent involves a management company or council guaranteeing a fixed rental income to the landlord, regardless of occupancy. Rent-to-rent schemes involve a third party (renter) renting the property from the landlord and then subletting it to other tenants, often at a higher rent, with the aim of making a profit. Guaranteed rent offers a more stable and secure income, while rent-to-rent schemes carry higher risks and legal complexities.
  • Can I participate in a guaranteed rent scheme if I have multiple properties?
    Yes, landlords with multiple properties can participate in guaranteed rent schemes for each of their properties, provided they meet the eligibility criteria set by the management company or council. Each property would have its individual guaranteed rent agreement, allowing landlords to enjoy stable income streams across their property portfolio. Managing multiple properties under guaranteed rent schemes can provide convenience and financial security for landlords.
  • What kind of documentation is involved in a guaranteed rent agreement?
    A guaranteed rent agreement typically involves a formal written contract outlining the terms and conditions agreed upon by both parties. This document includes details such as the rent amount, payment schedule, responsibilities of the management company, termination clauses, and any other specific arrangements. It’s essential for landlords to thoroughly review and understand the documentation before signing to avoid misunderstandings later on.

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