Flexible or fractional rental covers a huge range of ways in which long term flexible or fractional rental agreements can be set up to share an asset. Below are some examples based on property to give you some ideas, but the principles can be applied to boats, mobile homes, aircraft and just about any valuable asset.
Weekday lodgings are increasingly popular with people working away from home or as an alternative to a lengthy commute. Here are the current Monday to Friday listings.
If you have a spare room, live near to an area of good employment, and are looking for ways of generating some income (or simply want some company), you may be considering taking a lodger. However if you occasionally need to use your spare room, want your home to yourself sometimes and don’t like the idea of a permanent lodger, then consider letting a room for weekdays only.
If you are currently commuting long distances, weekly commuting or overseas commuting, or contemplating any of these, consider renting from Monday to Friday.
Twenty-five million people in the UK commute to and from their place of work. Four million people now work from home and this trend is likely to continue. However, long distance commuting (i.e. above 50 miles a day) is also increasing. In the UK the average commuter travels for 58 minutes a day and one in ten commuters have a daily journey of over two hours. ‘Extreme commuters’, who travel at least three hours per day, account for 3% of all commuters.
Weekday lodgings are increasingly popular with people working away from home or as an alternative to a lengthy commute. So how do the actual costs of commuting compare with a weekday letting? Below we’ve worked out the comparative costs for two relatively common long distance commutes: Bristol to London and Norwich to London.
If you have employees who are working away from home or commuting long distance, then you might be interested to know about Monday to Friday lettings. Weekday lodgings are increasingly popular with people working away from home or as an alternative to a lengthy commute.
Mark Jones had been trying to find a Monday to Friday lodger for many months with no success until he advertised on the yours2share website.
Over the last five years there has been an increase in tenants letting accommodation on a Monday to Friday basis. Usually these are people who work away from home and had become fed up with living in hotels or bed and breakfasts all week.
There are some major advantages for Monday to Friday landlords compared with full-time tenants:
Some people working away from home have made a long term commitment to this way of life and buy a small apartment in which to live during the week.
Have any of these people considered letting their accommodation at the weekends when they aren’t there? One recent ad on yours2share is looking for somewhere more “permanent” to stay at weekends only. The advertiser lives in Manchester, but his girlfriend lives in Sheffield and he wants a base in Sheffield for the weekends.
Many people regularly visit a place at weekends, staying in hotels, B&Bs, even friends’ sofas. There are two main reasons:
But visiting sweethearts is equally valid. So is simply having a second home – for fun! When I moved to Norfolk, a rural county in England about two hours north east of London, I soon found that one place in which many Norfolk people wanted to own a second home was London (interestingly many of them have second homes on their own coast). I personally would be very interested in having a base in London that I could use at weekends, but I was surprised to find that I was not on my own.
If these situations are so common, why aren’t more people sharing? I think it is simply because there are no services other to yours2share that can accommodate this and it isn’t a well known service, so it doesn’t occur to people to ask.
I spent much of last week puzzled by a huge increase in visitors to yours2share. I knew yours2share had obviously had a great mention somewhere, but where? ...
Another great mention for yours2share on Channel Four's Superscripmers last Friday. Here is more information about dog sharing and the latest list of dog sha...
