It’s a very lucrative time to be a landlord in the UK. The amount of people renting has soared from 2.8 million in 2007 to over 4.4 million in 2021. That’s an increase of more than 63%!
So, this figure means everyone who buys a rental property is going to make a successful investment, right? Well, that’s not the case entirely. Renters expect more value for their money these days than they used to, and a touch of modern luxury can be the difference between someone choosing to rent from you over another landlord in the area.
With over 2.7 million other private landlords in the UK, potential residents have a lot of options, and they'll gladly look around to find the perfect property (and landlord) that’s right for them.
The good news is that landlord furniture packages offer a solution. A fully furnished property with high quality pieces will always be an attractive option. Having the right furnishings in place sets your property apart from others, and opting for a landlord furniture package makes the process quick, easy and potentially more profitable in the long-run.
The Benefits of Landlord Furniture Packages
There are many benefits to landlord furniture packages, which means less hassle for you, higher quality living conditions for your residents and even a more positive impact on the environment. If you opt for a landlord furniture pack, you’ll see benefits such as:
More time saved
Less money spent
No clash of interior design styles
More attractive furnishings
All items delivered in one go
Let’s take a look at each point in greater detail.
Landlord Furniture Packs Save Time
Finding the right furniture your residents will love can be time-consuming, especially when you’re faced with so many choices for patterns, colour schemes and textures.
Furnishing your rental property is a lot easier if you look at landlord furniture packages. They keep your choices to a more manageable amount and come with the added bonus of being put together by an interior designer.
We carried out our own study into landlords and their take on the rental market. 94% of landlords said interior design was important in terms of increasing rental figures and avoiding voids, so having an expert put a pack together is certainly a smart option.
Let’s face it, unless you have a passion for interior design, putting together pieces for a property isn’t much fun — even if it is necessary for happy residents. Landlord furniture packs mercifully cut your input out of the equation.
After all, you’re probably already tired of trying to find a sofa and armchair that goes with the coffee table and media unit. That’s why you’re reading a blog about landlord furniture packs to begin with.
And with everything being available in place, you can get everything you need for your property delivered in one time slot. This means you don’t have to set time aside for multiple deliveries from different vendors.
You’ll want to add a few extra pieces once you’ve bought a landlord furniture package to truly guarantee your property stands out. We’ve recently put together a whole new range of accessories to give your property its own unique style based on the feedback we’ve had from landlords and residents over the years.
A Landlord Furniture Package Saves You Money
Buying a furniture pack is a great way to keep costs down when fitting out your rental property, as they provide you with high quality furniture for the best possible price. Our expert team put together landlord furniture packs based on quality, price and appeal, ensuring both you and your residents have smiles on your faces once everything’s installed.
The added appeal of having furnishings in place also means you can set a higher rental figure. In Manchester, a two-bed rental property with all the furnishings in place brings in an extra £101 per month based on average rental rates and purchase prices. If you were wondering, that increase is equal to a massive 15%.
People are always willing to pay more for a better service, and the convenience of having a property ready to move into immediately is clearly an attractive opportunity for many.
A landlord furniture package should be seen as an added investment in your rental property. They give residents the touch of luxury they want while the durability of our furniture means you won’t have to make repeat purchases in the near future. With regular upkeep and maintenance, you can get several years out of our landlord furniture packs.
And not only do they save money upfront, they’re also great for keeping your rental figures from falling. In 2020, nearly 30% of the landlords we surveyed said they dropped their rent prices when negotiating a new lease agreement. Furniture that’s not fit for purpose and has become an eyesore meant those landlords didn’t have a leg to stand on when their residents brought it up.
Furniture included in packs is specifically designed for the rental market. It looks good and is built to last — both in terms of structure and style. This means you don’t have to worry about pieces looking dated after just a few months, and any furniture installed can withstand a lot of punishment.
Furniture Packs Prevent a Clash of Styles
We get it, there’s a million other things you’d rather be doing with your time other than buying landlord furniture. We’ve already touched on how difficult it can be to find the right furnishings that go together, and a landlord furniture package is the guaranteed way to prevent that from happening.
Let’s say you buy an armchair, coffee table and media unit separately. Each individual item might look great on its own, but your residents want a property that feels whole, not one that’s DIY mix-and-match.
Our award winning interior design team wouldn't dream of letting that happen to you. An expert level of attention goes into each landlord furniture package, so you never have to worry about a clash of styles or colours.
We keep things straightforward, keeping you and your residents happy, and creating a more attractive living space.
A Landlord Furniture Pack is More Environmentally Friendly
Improving sustainability is one of LOFT’s key corporate responsibilities, and we encourage every landlord to do their part. To help, we make this as easy as possible by providing furniture packs that only require one delivery.
By purchasing all your items together, it means there’s less need for multiple drivers from different companies to haul heavy furniture up and down the region.
This ensures all vans are being used efficiently, and no excess fuel has to be burned.
LOFT’s Full Service for Landlords
We’ve been providing landlords with furniture packs for many years, and we like to offer more than just great furniture; we’re on hand to make the entire furnishing process as easy as possible.
Once you’ve contacted us about your needs, we’ll assign an account handler to you who will take the time to better understand your property, your likes and dislikes, and what type of furniture pack we can offer you for the best value for money.
After you’ve made your decision, our delivery and installation team will deliver, assemble and install the furniture. If our items are replacing old ones, we’ll take them away for you, as well as all the packaging from the new products. Where possible, we recycle old items and packaging. 89% of the furniture we’ve taken away has been converted into electricity, and we save over 5,000 mattresses from going to landfills every year.
If you live far away from your rental property, or if you have a busy schedule, we can arrange to pick up the keys from you or your property agent instead. This means we can put everything in place without you having to make a special visit or rearranging your day. Once we’re finished, we’ll return the keys, too.
There’s always the possibility an item could become damaged over time, which may mean having to replace it. Our landlord furniture packages are put together on set styles, so we can offer a like-for-like replacement on damaged pieces. This keeps your property in top condition without affecting the overall style.
The Biggest Advantage of Landlord Furniture Packages
Landlord furniture packs have a lot to offer. You receive great products at a great price, and the packages are put together by an Interior Design expert who understands the rental market. After a purchase, your items are installed by our trained and skilled delivery & installation team, with like-for-like replacements should something become damaged.
We’ve been helping landlords with their furniture needs since our company first started, and we understand being a landlord isn’t straightforward. To help you as best as we can, we make sure our services work in your best interests to limit the amount of work you have to do in attracting potential residents and keeping them happy.
Frequently Asked Landlord Furniture Pack Questions
Looking for more info? Take a look at our FAQs:
What Furniture Does a Landlord Have to Provide?
Technically, a landlord doesn’t have to provide any furniture if your property isn’t advertised as fully furnished. But stand out in a crowded market, we recommend having the following pieces installed:
A sofa and armchair
Coffee table and sideboard
Dining table and chairs
An office desk and chair for WFM
Do Furniture Packs Really Save Money?
Indeed they do. When you opt for a landlord furniture package, you’re buying items in bulk, which means we can offer you the best price. Using one supplier will also save you money if other providers charge you for delivery costs.
Does Adding a Landlord Furniture Pack Help Achieve a Higher Monthly Rental Figure?
Moving house can be stressful. For this reason, many prospective tenants, particularly young professionals and couples are looking for furnished properties and are often willing to pay a premium.
Furnished properties can bring in over £100 a month more each month depending on the location, meaning that in a relatively short space of time the initial outlay of a landlord furniture pack will become pure profit.
How to Choose the Right Landlord Furniture Package
It all starts with your property and the target market you’re going for. For example, the way you furnish a home in the suburbs for a family is a lot different to how you’d fit out a city centre apartment for the young professional. Make sure to contact our team for help from our interior design experts.
Does LOFT Offer Next Day Delivery on Furniture Packs?
If you need your furniture that little bit more urgently, LOFT’s skilled installation team can be on hand to deliver and install your landlord furniture pack the next day.
Can I Recycle my Old Furniture?
Our installation process is designed to be environmentally friendly throughout. All cardboard and plastic packaging from your furniture package will be sorted and separated to be recycled, and any old furniture you don’t want anymore will be removed and recycled responsibly.
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