Flipping Property With “No Money Down”: Genuine Opportunity or Online Mirage?

In the age of social media, it seems there’s no shortage of slickly produced videos promising effortless wealth. 

One of the most persistent claims is that you can “flip houses without spending any money.” 

The message is simple: no savings, no mortgage, no problem, just flip your way to financial freedom.

But as with most “too good to be true” business ideas, the reality is far more complicated. 

Here’s what’s really behind those claims, how the concept works, and what entrepreneurs should know before getting involved.

What Is Property Flipping?

Property flipping refers to buying a property, improving it, and reselling it quickly for a profit. It’s a legitimate business model that requires knowledge of the housing market, renovation costs, and timing. Traditional flippers use their own capital or financing to buy, refurbish, and sell properties — a process that can be both profitable and risky.

The modern “no money down” twist turns that on its head. Instead of using your own funds, you’re supposedly able to profit from property deals without ever spending a penny.

So, how does that actually work?

The “No Money Down” Model Explained

The online property gurus pushing this concept are often referring to creative financing strategies — legal, but complex, arrangements where you use other people’s money (OPM) or future value to make a deal.

Here are the main methods typically promoted:

Investor Partnerships

You identify a promising property and bring in an investor to fund the purchase and renovations. In return, you manage the project and split the profits. It can work — but it requires trust, contracts, and clear exit plans.

Lease Options (Rent-to-Buy)

You lease a property with the option to buy later at an agreed price. During the lease, you can sub-let or improve the property to increase its value. It’s perfectly legal but contractually complex, requiring professional legal advice.

Bridging Loans

Short-term, high-interest loans are used to buy and refurbish a property quickly before selling it to repay the loan. While a standard tool in property development, these loans are expensive and risky if your project doesn’t move fast.

Wholesaling (Mostly a US Practice)

You secure a property at a discount, then sell the contract to another investor before completion, taking a fee for arranging the deal. In the UK, this can breach estate agency laws if not done properly.

Is It Legal?

Yes — provided everything is disclosed transparently and contracts are properly drawn up. UK law doesn’t prohibit creative financing. However, it does prohibit misrepresentation and unregulated investment activity.

In short, you can’t:

Pretend you’re a cash buyer when you’re not.

Market property deals to the public if you’re not an FCA-regulated investment firm.

Withhold information about the source of funds or ownership.

Some of the “no money down” trainers online skate dangerously close to these boundaries — and several have faced legal action as a result.

The Business Risks

From an entrepreneurial perspective, the biggest danger is underestimating the complexity of property deals. The “no money down” pitch makes it sound like a shortcut into the property game, but in truth, it’s an advanced strategy that demands strong negotiation, legal, and financial skills.

Common pitfalls include:

High borrowing costs eating into profit margins.

Investor disputes when expectations aren’t aligned.

Legal liabilities if contracts or representations are incorrect.

Reputational damage within the property community.

As a businessperson, your credibility is one of your most valuable assets, and creative financing can quickly erode it if handled recklessly.

Why Entrepreneurs Are Drawn to It

It’s easy to see the appeal. “No money down” property flipping speaks to the entrepreneurial dream: leverage, opportunity, and speed. For some, it’s a genuine stepping stone into the property world — especially for those with strong sales or negotiation skills but limited capital.

The problem is not that the model is illegal or impossible; it’s that it’s misrepresented. Social media tends to skip over the months of legwork, legal paperwork, and the investor networking required to make it viable.

A Smarter, More Sustainable Approach

If you’re serious about entering the property business, there are more transparent and sustainable routes:

Start small — save a deposit and buy a single property to refurbish or rent.

Build relationships with reputable investors and estate agents.

Learn the legal side through property networking events and accredited courses.

Treat property as a business, not a get-rich-quick scheme.

Remember: professional developers succeed because they understand risk management — not because they avoid spending money.

Final Property Thoughts

The concept of flipping property with “no money down” isn’t inherently fraudulent — but the way it’s advertised online often borders on misleading. The deals that do work require hard work, legal expertise, and significant risk tolerance.

For entrepreneurs, the takeaway is simple: if you want to build a sustainable business in property, focus on learning the trade, building partnerships, and managing risk — not on chasing viral shortcuts.

Because in property, as in any business, the only real “no money down” deal is the one someone else profits from.

What’s happening with empty property relief?

The autumn statement should have provided a good platform for the government to have their say on empty property.

The property industry was in uproar as the government debated empty property rates for businesses. The Non-Domestic Rating Bill proposed changes to ensure more transparency, yet many are still sceptical as to its ability to undertake this. 

More recently however, central government and local authorities seem to be focusing their energies on the minority who abuse the empty property rates system. This is instead of ensuring support for the majority is stabilised and simplified.

The autumn statement should have provided a good platform for the government to have their say on empty property. Experts across the board however were reportedly 'disappointed' when they were less than forthcoming. Both on camera, and in writing.

According to the Department for Levelling Up, Housing & Communities, previous consultations suggest businesses are maintaining a minimal occupation period to obtain repeated reliefs. 

As such, the government were reviewing how empty property reliefs should work, if not scrapped altogether. This could have a negative impact on charitable organisations, who often hold vacant properties for use such as aid distribution centres or for retail purposes. 

Historically, they also have zero rates liability (as long as the properties in question are used for charitable purposes). One drawback of such reviews, is many believe it will mean charitable organisations will lose out on empty property relief altogether.

The current economic climate is discouraging investment on a local and national level

Business owners and leaders are unable to invest in their own operations; with few looking to take on additional properties in this high inflation - low growth economy. Many may be eligible for reliefs – such as Retail Hospitality and Leisure (RHL), which has been extended to offer a continued 75% discount to rates payable. 

As business rates are usually in the top four outgoing costs for any business, this generous relief should be allowing commercial property owners and tenants the wiggle room they need to invest. In reality however, it is simply procrastination at work.

Anthony Hughes, Managing Director at RVA Surveyors, was happy to weigh in. “The tricky thing here is balancing between ensuring those in actual need of reliefs have them swiftly applied, compared to the minority who are gaming the system,” Hughes said. 

“Because that doesn’t help anyone. Punishing the many for the actions of a few, is a ridiculous stance to take when business rates have climbed so high. And are set to rise even further for many, when April [2024] comes around.”

What about empty property relief?

Empty properties are eligible for business rates relief for a period of three months. This extends to six months for industrial units (as these are generally recognised as being harder to find tenants for). After this period, a property can't benefit from empty property relief unless the property in question is then occupied for a period of at least six weeks, before it once more becomes vacant.

A Treasury spokesperson said in September: “There are no plans to abolish Empty Property Relief for anyone. While this relief provides important support to landlords with vacant properties, local authorities and previous respondents to consultations have identified it as a significant channel for avoidance activity. The government is therefore seeking views on proposals that aim to balance support for those who require it with the need to tackle abuse.”

One of the latest consultations on empty property business rates focuses on proposals to reduce evasion and avoidance

In Wales, they have already implemented a plan to cut down on those attempting to circumvent paying business rates. The ‘reset period’ (six weeks) required before a property can become vacant and therefore be eligible for the relief once again, has been extended to a minimum of six months. This is one of the proposals considered in the Business Rates Avoidance and Evasion Consultation.

The Local Government Association (LGA) estimated that for 2017/2018, unpaid business rates cost the Treasury £250 million. This was around 1% of the projected total business rates income for that year. The most common way of doing so, was found to be repeated short term occupation of a property. Resulting alone, in an average loss of £396,000 for that tax year. This is but a drop in the ocean when business rates are expected to pull in £24.9 billion for 2023/2024. Government resources would be better prioritised streamlining the business rates system for modern needs.

To learn more visit https://www.rvasurveyors.com

Do you have land? Aldi might want to hear from you

Aldi has revealed the areas it wants to create new stores as it invests £1.4bn over the next two years.

In its annual trading update, Aldi said it's attracted around one million extra customers in the past year, with a new generation of savvy shoppers turning their back on traditional, full priced supermarkets.

Britain’s fourth largest supermarket, which opened its 1,000th store earlier this month, is committed to a long-term target of 1,500 stores in the UK – meaning it is on the hunt for more locations across the UK.

Priority locations where Aldi is searching for sites include:

London – Kensington and Hackney

South West – Penzance and Bath

South East – Maidenhead and Worthing

North West – Warrington and Bramhall

North East – Newcastle Upon Tyne and South Shields

East Midlands – Nottingham and Derby

West Midlands – Birmingham and Warwick

East of England – Cambridge and Brentwood

Yorkshire and the Humber – Harrogate and York

Wales – Cardiff and Chepstow

Scotland – Clarkston and Cathcart

Aldi is searching for a variety of sites including:- freehold town-centre, edge-of-centre, and retail park sites suitable for property development. The sites would need to be able to accommodate a 20,000 sq foot store with around 100 parking spaces. Ideally the location will be near a main road with good visibility and good access.

Aldo will also be investing in the development of new and expanded distribution centres, including its new distribution centre in Leicestershire.

Richard Thornton, Communications Director at Aldi UK, said: “We want to make our great value groceries accessible to all, and to do that we obviously need more stores, particularly in towns and areas that don’t have an Aldi already.

“The areas we’ve identified in our latest list are places where there is demand for stores and we are committed to continue investing until we can bring our quality products and unbeatable prices to as many people as possible.”

Anybody who has a site that may fit Aldi’s requirements should contact info.nationalproperty@aldi.co.uk.

For more information on Aldi’s nationwide site requirements, visit: www.aldi.co.uk/about-aldi/property/required-towns

Has the Revaluation Balanced Business Rates?

In March, the Non-Domestic Rating Bill was introduced in the House of Commons. This was the result of a lengthy review into the modernisation of the business rates system. A big component of this new bill is more frequent revaluations. Supposedly, this is to ensure that information on commercial property’s is updated more frequently and is therefore more accurate.

Attempting to modernise the tax system is nothing new. It's a fairly common request among business owners and leaders, and one ratings companies see on a daily basis. One that picks up steam momentarily around a new rating list. 

While shorter periods of time do offer the opportunity to update information more quickly, it is just that – an opportunity to do so. Without swift and dedicated involvement on behalf of the Valuation Office Agency (VOA), a shorter revaluation doesn't immediately offer a solution that fits everyone.

Requiring the relevant knowledge and expertise, which is information held by the VOA, business rates payers cannot challenge their liability without engaging the assistance and expertise of a specialist. 

The amount of time needed alone to take out of running a business to do so, is simply infeasible for many. Let alone having a complex knowledge of the inner workings of the whole business rates tax system"

So, how has the revaluation helped business rates payers?

Currently, the 2023 rating list is set to last for three years. For most, the only difference they'll have noticed is an increase that's simply going to stay elevated. So how has the revaluation helped businesses?

Challenging your business rates liability requires a tremendous amount of expertise. Whilst the VOA have the tools necessary to do so, they don't offer them to business rates payers to help individuals do so.

“We’ve said it before, and we’re going to keep saying it," opined Anthony Hughes, MD at RVA Surveyors, who laughed at the idea/

He went on to say: “Unless each individual commercial property is inspected within the three-year rating list, based on its own merits and unique assets, the information held by the VOA can never be entirely accurate. It's well within their ability to inspect every property within a rating list to ensure accuracy before a new revaluation. They have the manpower; they just need to have the willpower to do so.”

After a tumultuous few years, which saw businesses closing at an alarming rate, a support package for businesses was quickly put into place. Included in this was freezing the multipliers. During Covid, expanded retail relief was renamed Retail Hospitality and Leisure (RHL) which now covers 75% of the rates payable. 

UK Hospitality’s latest analysis predicts that an increase in business rates and the end of such reliefs will see an additional increase of £850 million in the next financial year for those in the hospitality industry alone.

While these have appeared as huge boons for business rates payers, they do come with limitations.

When the sticking plaster is removed, business owners and leaders will still be expected to pay the full liability. Many businesses will run foul and insolvencies will obviously increase. In the second quarter of 2023, there was an over 13% rise in insolvencies compared to the second quarter of 2022.

David Kelly, Head of Insolvency at PwC, said: "The data shows the UK has had the highest quarterly number (6,342) of company insolvencies since the financial crisis in 2009. In total, in the first half of 2023, there were approximately 13,000 corporate failures.”

Due to a crippling economic outlook, many business rates payers are still struggling as people tighten their purse strings. While revaluations offer the opportunity for more accurate and fairer business rates, it's the actions of the VOA and government agencies which will determine what effect it has for business owners and leaders.

https://www.rvasurveyors.com

(Image courtesy of  Peggy from Pixabay)

The business of short term lets for the Olympics

It is estimated that in the next three months over 100,000 home owners in London will be cashing in on private letting of rooms, flats and whole houses. With rents running up to 35 times the norm, is anyone surprised?

Not that renting a property is straightforward. There are legal obligations, finance, tax, insurance and safety issues to consider. For many this can be daunting - which is where Olympic Short Let hope to help.

Jeremy Lee, CEO of Olympic Short Let (OSL), points out that Olympic rental websites only go so far as to list properties, find tenants and hold deposits. They do not provide managed tenancy services. A recent customer stated their situation like this...’We were surprised to find a tenant - now we have to learn how to be a landlord’.

Jeremy says "We created OSL to simplify the process and offer common-sense advice, templates and essential services all in one package. To demonstrate, OSL provide a free rental agreement and advise on the cheapest way to secure public liability and contents insurance through existing policies."

OSL began by securing service agreements with London’s best property service partners. We realised that our reputation stands or falls on the quality of service that people receive. We elected Aspect to provide 24hr Emergency Call-out Services, and BLC property services for testing and inventory services.

OSL have distilled their range of services into three service plans (from £95.00) created to suit typical landlord types - from low budget DIY to a comprehensive plan for those who prefer to leave everything to the experts. Unique to OSL, all three Service Plans automatically calibrate to the customers property profile - made in just a few clicks. Jeremy says "This is one way we can help people quickly assess products according to their budget and needs".

OSL claim to make every effort to remove jargon from copy - it is important you know; what each service does, what it costs, and a guide to whether it is essential or merely an optional extra. This distinguishes OSL from other property management services - where products can be complicated, inflexible and expensive - especially for shorter lets. "I believe the 2012 London Olympics will kick-start a trend for ongoing private home rentals and for this reason OSL plan to continue long after 2012" Jeremy is a property consultant with 15yrs experience and a personal interest in simplifying home rentals. He says "OSL is an idea started by friends and family who are all renting homes - our collective experiences helped shape this business."

So will the London Olympics create part-time landlords as a new breed? Olympic Short Let certainly believes it will - and their views are shared by the leading Olympic letting agent www.AirBNB.com whose bookings in the UK have increased by 748%. Only time will tell - but it is good to know that OSL are here to help Londoners through this stage.

Olympic Short Let (OSL) is a trading name of Art & Industry (UK) Ltd. 5 Albemarle Way, London ECIV 4JB. Tel: 0800 298 7061.

Four awards for Belvoir franchise owner Terry Lucking

Belvoir Lettings are proud to announce that Terry Lucking of Belvoir Peterborough and Belvoir Cambridge won an astounding four awards at their recent black tie dinner and awards ceremony, held at Belton Woods Hotel, near Grantham.

A worthy winner, Terry received the Belvoir Rankings Winner award, the Belvoir Monthly Record Breaker award, the Belvoir Innovation award, plus the top award of the evening: the Belvoir Franchise of the Year Gold award.

In attendance were representatives from Belvoir offices UK,-wide, plus writer and broadcaster Gyles Brandreth who co-hosted the evening along with Belvoir’s CEO Dorian Gonsalves and Belvoir’s founder Mike Goddard.

“I was genuinely surprised to win four awards at the Belvoir Awards Evening but I was also sincerely proud,” says Terry. “I’m extremely passionate and have a never-ending desire to grow and improve what we do, so it was lovely to be recognised for that.

“I’m really pleased with all my awards, but I’m particularly proud of winning Franchise of the Year 2012 (Gold) – that’s not my award, it’s my team’s award. It may be in my name but it’s them that have done the hard work.

“I can recruit people, I can give them reviews, I can help point them in the right direction, coach them and organise training, but it is down to their hard work that the business is such a success. You don’t hear the England manager taking credit for a goal score – and that’s what we’ve done, we’ve scored a golden goal but it’s not mine, I didn’t score it, my team did. It is my firm belief that the stronger the team the stronger the business.”

As well as being in recognition of Terry’s outstanding performance at his two Belvoir offices, it is no doubt that Terry’s success at the awards evening was also a celebration of his tireless support of the Belvoir brand and his determined commitment to develop and share ideas with other franchise owners...

“Over the years I’ve had many ideas and a lot of them have been very valuable and are used today by other franchisees,” he explains. “Among these are the Research and Development Working Party, Buy to Let Workshops and the Belvoir Networking Group, which evolved from the idea I had for the Belvoir Franchise Forum 12 years ago.

“One of the key benefits of being part of a franchise is that we can share ideas and offer each other support. I fail to understand why anyone would buy into a franchise and not network with all of their colleagues in the group. My thoughts are why be part of a business family unless you’re willing to contribute and be involved in the development of that family?

“All of us are in the same business, the same industry, and we all have experiences we can share, whether it be about staff issues, business development or day-to-day procedures. I think it’s of extreme importance to have ideas and share those ideas with others – if the ideas work they can be spread around the whole group and everybody benefits.

“Moving forward my teams at Belvoir Peterborough and Belvoir Cambridge will work hard to continue to grow,” he continues. “We constantly work towards business development, building sales and growing turnover. I never ever step back and I never take it for granted – I don’t work any less hours now than I did when I first started. I always believe that what we’ve done well today can be done even better tomorrow...”

On presenting Terry’s awards Belvoir’s CEO Dorian Gonsalves said, “Terry is someone who needs no introduction. He’s one of our most successful franchise owners who is always willing to help the network. With many years of experience in the industry and two successful franchises, it is a real pleasure to have you with us tonight Terry. You help push the boundaries of success, giving enormous support to the Directors and to the network.”

Terry’s four awards – at a glance

Belvoir Franchise of the Year Gold award

Belvoir Rankings Winner award

Belvoir Monthly Record Breaker award

Belvoir Innovation award

Belvoir Lettings now have over 140 offices nationwide. To find your nearest Belvoir office, visit their website at www.belvoirlettings.com.

Patent Prosecution Highway With Germany Now Open

A new two-year pilot scheme, launched today, will provide a boost for growth by helping businesses speed up the processing of patent applications in the UK and Germany.

The Patent Prosecution Highway (PPH) allows applicants who have been successful in obtaining a patent from either the UK Intellectual Property Office (UK IPO) or the German Patent and Trademark Office to request accelerated examination of a corresponding patent application filed in the other country.

Minister for Intellectual Property Baroness Wilcox said: "Speeding up the international patent process means British businesses wishing to expand abroad can do so more quickly and cheaply. The Patent Prosecution Highway with Germany's Patent and Trademark Office adds an important partner to the existing schemes the UK IPO already has with a number of other countries. The agreement will provide a more efficient and affordable system for British and German businesses."

The UK-Germany PPH pilot programme was launched on 1 March 2012 and will run for an initial period of one year, ending on 1 March 2013.

Start Out In Overseas Property Investment From Just £4,000

'Experience property ownership' has been developed with Barrasford & Bird Worldwide to give first time buyers more confidence and protection when looking to get into the overseas property market.

Experience ownership means investors actually have bricks and mortar fractional ownership providing five star properties at a low entry price. For example until March 1st, this can be purchased at our French Château de la Cazine from just £4,000.

UK property prices are still near their lowest, but high mortgage deposits and strict qualifying criteria makes the UK property market still very difficult for first time investors to get into. With an opportunity to purchase a slice of French property from £4,000, overseas Experience Ownership with Barrasford & Bird Worldwide couldn't be easier and achievable.

In return of investment, purchasers will become part-owners in their development of choice. The investments works at either you staying in your property free of charge for one week every year, or, place your week into the rental pool and generate a guaranteed annual return. The rental guarantee/ personal usage option will remain in effect for ten years.

Easy payment terms are available allowing owners to spread the cost of their investment over a twelve month period, interest free for only a small amount each month.

Generating the high returns you would expect from a traditional purchase, coupled with a guaranteed entry strategy- this unique opportunity means you can begin to use your property or generate returns from year one.

"The perfect opportunity for a first time investor and an essential addition to any successful property portfolio," said Robin Barrasford, Developer.

"We currently have access to a number of experience ownership properties through Barrasford & Bird Worldwide. Full and fractional ownership options are also available at our Resorts."

Visit www.bandbw.co.uk  or call 0800 1 303 101.

(EDITOR: That's Business recommends seeking expert legal advice before making any investment decisions.)

Bruntwood leases remaining office space at 14 King Street, Leeds

Commercial property company Bruntwood has concluded a pair of deals for 14 King Street in Leeds, which means that all of the available office space at the building has now been filled.

Barton Willmore LLP has decided to lease 1,322 sq ft of floor space while 3Volution LLP has taken 1,507 sq ft. They will join high-profile existing occupiers such as the Co-Operative Bank, Healthcare Locums and Charles Stanley.

The fact that 14 King Street is now at 100 per cent occupancy demonstrates the success of the refurbishment programme undertaken by Bruntwood several years ago. Acquired by the commercial property company in 2007, 14 King Street was then given a brand new reception facing onto Quebec Street and King Street as part of a major overhaul. Prospective customers were invited to look around from late 2008 onwards.

The modern office space at 14 King Street has been equipped to the highest specifications. There are raised floors, suspended ceilings, lifts and even bicycle storage. The building also benefits from 24-hour access and a dedicated onsite customer service team.

Adam Selka, sales surveyor at Bruntwood, stressed that the company views every property as a long-term investment. He explained: "Our aim is to develop vibrant and well-functioning places that create the right environment for the success of our customers."
In related news, Bruntwood has progressed details of the redevelopment plans for another Leeds property. City House, which is situated directly above the city's main train station, will offer 120,000 sq ft of Leeds office space when it is completed in 2013.

Craig Burrow, Director of Leeds at Bruntwood, explained: "We want to produce an iconic building that Leeds can be proud of."

Visit http://www.bruntwood.co.uk/

New research points out how emerging changes in the work-place are impacting commercial property decisions

Birmingham-based Port@l, leaders in delivering space and infrastructure solutions, has commissioned an independent white paper that assesses how, technology, Government initiatives and the mitigation of risk is changing the attitude of companies towards commercial property and the work-place.

Aimed at Chief Executives, Chief Financial Officers, Property professionals and Human Resource executives, ‘The Changing Workplace’ examines current and future trends in property and accommodation acquisition and how corporations are reacting to these changes.

The research covers a range of topics such as, flexible working, age, gender, technology, green initiatives and alternative work places.

Port@l’s Managing Director John Gotley said: “Historically the elements that determine commercial property decisions have remained unchallenged and the process of obtaining new accommodation predictable. Organisations have had two choices, own property or sign long lease agreements. However as the country emerges from recession there has been a major shift in the property landscape.

"Accommodation procurement is no longer dominated by the supply side; myriad factors are now playing a part in corporate decision making that go way beyond the simplistic process of determining location, size and price per square foot.”

Gotley Continues, “We have commissioned this paper to assist senior executives understand how these emerging influences, that include; technology, and communications, work-life balance, demography and alternative methods of property provisioning, may impact their future accommodation strategies.”

The paper was written by Helen Hide-Wright, a freelance independent researcher specialising in commercial projects, who previously worked at Leeds Metropolitan University where she was involved in researching, writing and producing commercial reports used within the banking sector to influence investment decisions.

To obtain a copy of the white paper visit: www.portal-centres.com/whitepapers.html

Enquiries for London holiday rental properties for summer 2012 131 times greater than for 2011

Figures from HomeAway.co.uk, UK arm of the market leader of the online holiday rentals industry, reveal that London homeowners are benefiting from an unprecedented demand for holiday rentals during the London Games. Demand for rental properties in London for the Olympic summer of 2012 has increased by 131 times as compared to the previous year.

It is expected home owners looking to cash in on the leap of interest could generate an average of £4,500 by renting their home during the 16 day-long event; an average of £2,000 per week. Londoners thinking about doing this can now find out how much a property similar to theirs could make using HomeAway.co.uk’s interactive Olympic Rental Map.

The Map calculates the average income you could expect to make from your home; taking into account the rental rate increase the Olympics is expected to spark as well as proximity to sporting venues and transport hubs.

The Olympics has the potential to earn millions in rental income for homeowners in the Capital. There are currently over 700 London properties available for rent on www.HomeAway.co.uk and the company is expecting weekly rental rates for those properties to increase by almost 150% on average, echoing a trend for price spikes seen during the 2010 World Cup in Johannesburg.

Tim Boughton, UK General Manager, HomeAway.co.uk said: “We have observed a steady increase in tourists looking for holiday rentals, with particularly high peaks in demand around major global sporting events. These latest figures confirm that London will be no exception. Enquiries for London properties have skyrocketed, particularly those properties in close proximity to the key Olympics sites and with good transport links to London’s top attractions. This, combined with the expected repetition of the 150% increase in rental prices seen at the 2010 World Cup, means savvy Londoners will truly be going for gold next summer.”

www.HomeAway.co.uk

Accommodation for 2012 Olympic Games to be provided by new service

A new service, providing accommodation during the London Olympic Games, has been launched by London Property Rental 2012. The properties provide accommodation for both families and groups and are located within fifteen minutes by train of Central London.

Set up by experienced property professional Carol Fox, London Property Rental 2012 provides a home-from-home experience by offering fully vetted, high quality private homes in highly desirable areas of London – all within walking distance of excellent transport links. The properties, owned by affluent families who have chosen to be away from the capital during the games, are comfortably furnished, well-equipped and provide added benefits of free parking, fast broadband and digital TV.

According to Carol Fox, Director of London Property Rental 2012, “We were approached by a friend in the United States who asked if he could rent our house during the Olympics. We saw immediately how families and groups would benefit by renting a quality family home during the 2012 Olympics rather than standard hotel rooms - especially those groups who need multiple rooms and have arranged their own travel and tickets to the London Games.”

Up to 350,000 foreign tourists are expected to visit London during the eight weeks of the 2012 Games, estimates the European Tour Operators Association, while Lord Coe has talked of up to ‘a million’ extra visitors. This far outstrips London’s estimated capacity of 100,000 hotel beds.

Says Fox, “Families and groups who want to stay together may find it difficult to find accommodation during the Olympic Games that offers the benefit of an intimate environment but which is also cost-effective. In setting up London Property Rental, we will provide a quality ‘home-from-home’ experience where guests can relax and unwind away from the games yet still be in the centre of London within a 15-minute train journey, to explore tourist attractions or access the Olympic venues.”

She added: “It’s not too late for Londoners to put their property with us for rent during 2012 Olympic Games. We are always on the look-out for high quality family homes in excellent locations with good transport to add to our portfolio.

“We are finding that a large number of London home-owners are opting to go away during the Olympics and are accessing our service to earn money by making their property available for a 2012 managed let during July and August next year. And, in a lot of cases, the rental income generated will more than cover the cost of their summer holiday.”

FACTFILE:
London Property Rental 2012 offers private homes available for rent near the Olympic venues in Dulwich and across South London for visitors to the 2012 London Olympic Games.

London Property Rental 2012 is part of the Fox Vision family, a privately owned company run by Carol Fox and her husband Nick that has been trading for over 10 years. Based in Dulwich, Fox Vision provides a range of services including London property rentals, Home Energy Inspections, floor plans, lease plans and Energy Performance Certificates.

Fox Vision has launched London Property Rental 2012 to showcase private houses available for let in Dulwich for visitors to the London Olympic Games during July and August 2012.

For further information visit www.London-Property-Rental-2012.com