Definition
A single let is where a single household, which could be a family, couple or single person, rents the entire property.
A single let contrasts to an HMO where three or more households rent a property and share the common parts.
Single lets are easier to manage than HMOs as there are no licensing requirements. There is also only one tenancy to manage.
Landlords can choose whether single lets are furnished or unfurnished, and the choice depends on your target market and, to a certain extent, to your location. City centres tend to have more furnished properties, as they have younger renters who might not yet have their own furniture.
To find out what “unfurnished” means, click here for a blog post that discusses it in detail.
