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  • London Property Management | UpperKey

    London Property Management UpperKey property management London simplifies the process of letting out a property by offering zero cost of property management in London . Guaranteed Rent Schemes City of London in Zones: W1 | W2 | SW1 | WC | SW7 | EC How much is your London property worth? ESTIMATE YOUR RENT One of our London property management experts will be in touch to discuss your property's rental value. How Guaranteed Rent in London Works 1. Property Evaluation & Rent Calculation We will determine the rental value of your property or portfolio, we will make an offer for up to 3 years of tenancy with 1 year of rent paid upfront. 2. Our Company Becomes Your Main Tenant in London UpperKey becomes your sole tenant while you get high guarnateed rent. We can then discuss if you prefer a long term rental vs a short term rental depending on Airbnb rules in London. 3. UpperKey London Property Management We offer full Airbnb concierge services without Airrbnb property management fees and manage all of the administration for Airbnb regulations in London. 4. Landlords Earn More While Doing Less With UpperKey, your property will be in good hands,rented exclusiviely to our vetted clientele of international business travellers and London expatriates. SEE LONDON GUARANTEED RENT RATES UpperKey London Estate Agent Services Barbican Estate Agents Battersea Estate Agents Belgravia Estate Agents Bethnal Green Estate Agents Blackfriars Estate Agents City of London Estate Agents Clerkenwell Estate Agents Covent Garden Estate Agents Holborn Estate Agents Hyde Park Estate Agents London Bridge Estate Agents Marylebone Estate Agents Mayfair Estate Agents Notting Hill Estate Agents Paddington Estate Agents Piccadilly Estate Agents Pimlico Estate Agents Soho Estate Agents St Pancras Estate Agents Tower Hill Estate Agents Trafalgar Square Estate Agents Victoria Estate Agents Waterloo Estate Agents Westminster Estate Agents Farringdon Estate Agents Visit the UpperKey blog to learn everything you need to know about Airbnb management in London: Airbnb regulations in London (90 day rule) Guaranteed rent in London London property management Airbnb concierge services in London How to find a trustworthy tenant in London? VIEW BLOG UpperKey Amplifes Your Earnings with Multi-Platform Listings Airbnb Management London Reviews: UpperKey London Neighbourhoods Marylebone Mayfair Soho Notting Hill Covent Garden Holborn Belgravia Lisson Grove Paddington Westminster Victoria Pimlico Battersea Hyde Park Waterloo Bethnal Green Clerkenwell Farringdon London Bridge Blackfriars Barbican Saint John's Wood St Pancras Tower Hill City of London Piccadilly Trafalgar Square Goodge Street Ready to let out your London property? We are looking to expand our Airbnb Management London portfolio in Mayfair, Marylebone, Saint John's Wood, Soho, Fitzrovia - Goodge Street, South Kenginston, Holborn, Knightsbridge, Victoria, Pimlico and Paddington. Determine your property's rental value Property Location CONTINUE

  • Airbnb Investment Fund | UpperKey

    UpperKey Investment Fund We provide an accessible gateway to prime real estate markets, traditionally challenging to penetrate, starting from just $80K. Empower your investment portfolio by becoming a co-owner of residential properties through our fund. GET IN TOUCH An UpperKey property consultant will contact you to discuss your property investment goals. UpperKey provides secure and high-return property investment opportunities We strive to make property investments secure and effortless with our rent guarantee insurance, while also streamlining the letting and rental processes for your convenience. Seamless process UpperKey takes care of the entire process: from property sourcing to turnkey property management Guaranteed income Co-owners receive a direct stream of revenue from reccurring rental income as well as capital gains upon the property sale Prioritized access Owners have privileged rights to stay in the properties as well as acquisition rights when the property is divested Convenience Co-owners have full access to a detailed profile of their properties as well as the performance review of their investments WHY INVEST IN PROPERTY? Unlocking Exceptional Returns with the UpperKey Investment Fund Specific properties: UpperKey focuses on investments with high rental yield and liquidity Property sourcing channels: UpperKey has access to the best exclusive opportunities for turnkey investments worldwide Tenancy management: Multiple logistic partners and various distribution channels like Airbnb and Property optimization: UpperKey takes care of design of comfortable living spaces that are attractive to tenants Phases of investment: Our Asset Managers have created a seamless process at each investment stage to ensure guaranteed income and a stress-free investing experience profitable for owners. UpperKey Investment Fund acquires top-quality turnkey properties in Paris, London and other key cities UpperKey manages the property, handles tenancy, maintenance and collects rent UpperKey sells properties to earn appreciation in value generated Investment & Asset Acquisition You invest through UpperKey Investment Fund and become co-owner of residential properties Asset Operations & Distribution Divestment & Capital Return You receive income from the revenue generated by the rentals You receive capital gains from the property sales Have a specific city in mind? Learn more about the turnkey investment process in a city of your choice. London Paris Lisbon Dubai Why use an Airbnb concierge? Using an Airbnb concierge provides local and professional support to manage the practical aspects of the rental, offering a hassle-free experience for hosts and guests. What is an Airbnb manager? The principle of a manager is to provide a full management service to owners for short-term rental accommodation on Airbnb and other rental platforms. This includes communication with guests, booking management, check-in, housekeeping, prices management, and assistance. What are the disadvantages of using an Airbnb manager? The disadvantages of using a manager may include a commission on generated revenue and a loss of control over the management of the type of property that is rented out. However, the benefits of delegating these tasks to professionals may outweigh these disadvantages. Why use an Airbnb manager? If you do not have the time or experience to manage your short-term rental property, or if you want to maximize your rental income by optimizing the quality of services offered to your guests. Using a rental concierge service allows short-term owners to benefit from a complete property management service and maximize revenue through high-quality services. How much does an Airbnb manager cost? The cost of managing your seasonal rentals depends on the services you choose, and the rates charged by the professional you engage. It is important to carefully research several managers to compare the rates and services. Which Airbnb manager should I choose? The choice of a rental concierge expert depends on your needs and preferences. However, it is essential to carefully review the terms of payment before selecting a partner. Find your next property investment opportunity with the help of UpperKey's Asset Managers SUBMIT An UpperKey property consultant will contact you to discuss your potential property investment.

  • Tenants and Travellers | UpperKey

    Book Furnished Corporate Apartment Rentals for Business Travelers Destination CHECK AVAILABILITY UpperKey's Commitment Times are uncertain, but feeling at home should never be. Thanks to iRenting and PropTech, we do all the legwork for you so you can book today & move in tomorrow with ease while providing guaranteed monthly rent to property owners. BROWSE PROPERTIES The best rates on the market Book online for our newly-reduced monthly rents up to 50%. Our apartments are half the rate of a hotel for an equivalent stay period, but on par in our level of service and amenities. Flexible booking & cancellation Our easy online booking & remote check-in process offers you a transparent & hassle-free experience, so you can now renew or shorten your lease more flexibly & immediately. And, once you book with UpperKey, it’s easy to extend your stay or even explore a new city or neighborhood all under the same service agreement. Convenience & productivity Our homes are centrally-based in vibrant neighborhoods, in close proximity to hospitals, hubs, cultural offerings & more. Ideal for remote working and social distancing, our apartments are fully-equipped with high-speed WiFi and working desks. Questions about renting a property from UpperKey? Just starting your London flat search, or looking to learn more about a short term vs long term lease? Perhaps you need an apartment to rent in Paris short stay? Whatever your tenant needs are, UpperKey has you covered. Destination CHECK AVAILABILITY

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Blog Posts (485)

  • UpperKey in the Media

    In addition to the informative articles you can find on our own website, below you will find links to articles about UpperKey in the media, including features in Forbes and TechRound, articles on the UpperKey founders and CEO's Johan Hajji and Benoit Lam and more. Don't forget to subscribe to our YouTube channel! Click the icon below.

  • Dubai Tenant Rights

    Dubai has become very popular in recent years due to its numerous attractions, opportunities, and quality of life. Many people who move to Dubai prefer to rent rather than buy property because it is well-known that its property market has become more expensive in recent years. As its rental rates grow, more tenants are renewing their leases. Whether you are moving to the beautiful city or renewing your lease, you should always know your tenant's rights. This knowledge will help you protect yourself and give you peace of mind. Negotiating Cheque Payments In Dubai, most tenants pay rent using cheques. As a tenant, you have the right to negotiate the number of cheques you will use to pay the whole amount throughout your tenancy. Once you have agreed on the total rent amount and the number of cheques, you divide the amount by the number of cheques and pay the result at predetermined intervals. The number of cheques, and therefore payments, typically varies between one and six. Negotiating is important because landlords prefer fewer cheques, while you might want more since each payment would be more manageable. That said, a real estate agent can negotiate this on your behalf depending on your situation. Tenants who pay using one cheque have to pay the whole rental amount at the start of their rental period. If they pay by more than one, they have to provide post-dated cheques for each interval. For example, a tenant paying using three would send one at the start of their tenancy, and two for each additional four-month period of their stay. Negotiating Lower Rent If possible, UpperKey recommends paying the whole amount using one cheque. Dubai landlords charge higher rents for tenants who pay using multiple checks. If you cannot pay the whole amount, consider praying with as few cheques as possible to lower your rent. Landlords who do not want to deal with cheques while increasing their income opt for short-term Airbnb rental arrangements. Also, the Dubai Land Ministry intends to allow rent payments through online banking, reducing the need for cheque payments. This arrangement will benefit both tenants and landlords while also ensuring the city is in line with other cities in developed nations. Security Deposit Rights Many Dubai landlords require a security deposit at the start of a tenancy agreement. As a tenant, you should expect to pay 5% of the annual rent if you opt for an unfurnished property and 10% for a furnished one. The security deposit is refundable but is subject to a crucial condition. You will receive the full amount or part of it depending on the property’s condition when you vacate it. The security deposit does not apply if you opt for a short-term Airbnb rental in Dubai, but other charges will apply according to the platform’s terms. It is also against Airbnb’s terms of service to ask for a security deposit outside the platform, so you have a right to report any Dubai landlord who does this. About Maintenance and Repairs It is typical for something to break or to require maintenance when renting a property. In Dubai, the landlord is responsible for all repairs and maintenance. However, there is a caveat. Some landlords add clauses to their contracts that stipulate they only cover repairs and maintenance that exceed a specific amount. Under these clauses, the tenant is responsible for minor repairs. UpperKey, therefore, strongly advises that you read your tenancy agreement carefully to see if they have included such clauses before signing it. Also, ensure the contract outlines the amount and what minor or major repairs and maintenance entail. This will avoid disputes and headaches when you inevitably need these services. Breaking Contracts Whether you can break a tenancy contract depends on the terms and clauses it includes. If you think you might need to do this, check the contract to see if there are terms that stipulate how to do it. In many cases, the clauses dictate that you pay the landlord a specific amount for breaking the contract. If there is no such clause and you do it anyway, the landlord might seek compensation. If you think you might have to do this before your tenancy is over, for example, if you need to move due to work arrangements, talk to your landlord beforehand. Many are reasonable and will include clauses that outline the terms of doing so to ensure tenant retention. Eviction Rights A Dubai landlord cannot evict you before your tenancy ends, unless under specific circumstances. For example, they can evict you if: ● The property is to be demolished ● You fail to pay rent within three days of being asked to ● You use the property for illegal or immoral activities ● You break the terms of your tenancy agreement ● You sublease the property without permission In all other cases, the landlord has to provide you with a written notice 12 months in advance through a Notary Public or registered mail. Protection from Rent Increases Despite the growing Dubai rental and property market, a landlord cannot increase your rent without following proper procedure. They can only do this when you sign a new lease or renew an existing one. If they want to do this during renewal, they must give you a written notice 90 days before the increase and your tenancy lapses. If they do not follow this procedure, you can refuse to pay the increase. You can also refuse the increase if you received communication too late; less than 90 days to the agreement lapsing. The Right to Use Services You Paid For Apart from the property you are living in, your agreement might also include access to amenities like communal areas. If the landlord does not pay for these services for your use, you can seek legal recourse through the Dubai Rental Disputes Settlement Centre. Dubai is one of the most attractive cities in the world, which explains why so many people move there every year. If you are considering doing so and renting a property, you should know what rights you are entitled to. These rights protect you and ensure the best experience living in the magical city.Dubai has become very popular in recent years due to its numerous attractions, opportunities, and quality of life. Many people who move to Dubai prefer to rent rather than buy property because it is well-known that its property market has become more expensive in recent years. As its rental rates grow, more tenants are renewing their leases. Whether you are moving to the beautiful city or renewing your lease, you should always know your tenant's rights. This knowledge will help you protect yourself and give you peace of mind.

  • Can You Negotiate Agent Commission?

    With the average home in the UK costing about £250,000 and those in London costing more than £500,000, the commission a real estate agent charges to help you sell your home can add up to a considerable sum. Going the DIY Route When you add up other costs associated with selling a property, such as legal fees, marketing fees, and banking charges, the amount can add up quickly. This is why the number of people going the DIY selling route is increasing. Many online platforms have sprung up to help property owners sell while charging discounted fees. However, those who go this route miss out on the expertise and experience a real estate agent provides. Engaging the services of a real estate agent can be hugely beneficial, but you need to learn how to negotiate the commission to keep costs as low as possible. Can You Negotiate Agent Commissions? Yes, you can. Property owners who negotiate agent commissions can save one or two per cent on the commissions if they do it right. While there is an upside for homeowners to do so, it is a downside for agents. In a market with more properties than buyers, property owners negotiating agent commissions down can lead to lower income for real estate agents. Independent real estate agents can bolster their income by referring properties to management companies like UpperKey. Doing so can be a great way of making up the difference in the negotiated agent commission. Regardless of the shape the market is in, you should always try to get the best deal for you. So, how do you negotiate agent fees? Get a Starting Figure Property owners who have never sold before might not know how much the commission will likely be. Before asking a real estate agent for a valuation, ask them about their standard rate and if they are open to negotiating. Asking several agents the same questions will help you better understand what a reasonable rate could be. You should know that typical fees range from 0.9% to about 3.6% depending on the real estate agent and the arrangement. You pay a lower fee when you enter into a sole agency agreement. In this arrangement, you instruct a single agent and pay between 1.2 and 1.8% inclusive of VAT. A multi-agency agreement, where you instruct multiple agents, leads to fees of between 3 and 3.6%. A significant benefit of this arrangement is that it can reduce the time the property is on the market and give you a wider range of selling prices. Some agents charge a minimum fee, which can be hugely relevant when selling cheaper properties. Ask About Additional Charges Generally, real estate agents charge additional fees typically not included in the basic amount. Reputable agents will tell you about them to be as transparent as possible, but it is always a good idea to ask and double-check. The basic agent fee will cover: ● Marketing and listing the property ● Property valuations ● Creating written descriptions ● Drawing up floor plans and taking photographs ● Contacting potential buyers ● Conducting viewings ● Negotiating the final price Talk to the agent before or soon after the valuation. Once they have viewed the property, they will know the target market and how fast it can sell. If they think the process will not be too much trouble, they might be more open to negotiating at this point. However, always be careful about agents who give you a massive upfront discount. This could indicate they are desperate, something the buyer will notice too. If they reduce their fees significantly for you, they might do the same for the buyer, and you will end up much worse. Consider a Sliding Scale Sometimes, negotiating the agent’s commissions and fees can stall if both parties cannot agree on the percentage. Instead of letting the deal collapse, ask the agent if they would consider a sliding scale. In this arrangement, you pay a higher commission if they sell the home at a higher price. In this way, you pay less if the house sells for less than you imagined, and the agent is motivated to negotiate the highest price possible. Depending on the arrangement, you can also choose not to sell if the agent does not find a suitable buyer, and you can always turn over the property to a company like UpperKey to manage it for you in the meantime. Negotiating Agent Commissions as an Agent The idea of negotiating up while the property owner does the opposite is daunting for many agents. After all, you want to land the business, and there is always the fear that the property owner will walk away if they deem the commission too high. The best place to start is having a reasonable base rate arising from research and an honest appraisal. This will give you and the client a ballpark to work with, and you will be confident about the figures you quote. Lead with the Benefits There is a thin line between justifying your rates and trying to convince a client of them. Instead of justifying them, sidestep this by leading with your offering’s benefits. Some of the benefits you could mention include your experience selling that type of property, your understanding of the market, the peace of mind you will give the homeowner and the amount of time your services will save them. Explain the benefits in a way that makes the property owner understand that the selling process is something they will not have to worry about. Build Your Negotiation Skills Crucially, you should have excellent communication skills if you want homeowners to use your services. At UpperKey we understand this, so we encourage any independent real estate agents who work with us to build these skills. While negotiating does not come naturally to everyone, learning how to do it efficiently can lead to higher commissions. As you do so, learn to stay calm, state your expectations clearly, and encourage the property owner to continue the conversation. You should also learn how to navigate issues that could derail the negotiations. Property owners and real estate agents want the best deal possible when selling properties. Both sides can negotiate the fees and commission respectively, and there are several ways to do so productively. Importantly, they should come to the table with an understanding of what they want to get out of the deal and be open to what the other party has to say for the best outcome.

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