Starting a family can be expensive, but Edinburgh-based Nick Murray and his wife, Laura, have found a way to make it work for them by renting out their flat with Houst.
When the couple decided to upgrade to a family home, they were reluctant to let their city-centre flat go. “The area the flat is in, Fountainbridge, is a very desirable neighbourhood,” explains Nick. “We had put a lot of work into the flat, and it seemed a shame to let it go.”
“As a young couple, we found ourselves in the very fortunate position of owning a property and we wanted to make the most of it.”
Nick and Laura first went down the route of being traditional landlords, but after six months found that it wasn’t really suited to their lifestyle. Nick, who works in marketing, and schoolteacher Laura are always busy with work – and are now even busier with a baby on the way.
After seeing a friend successfully let out their flat for short-term holiday lets, the couple decided to give it a try. They’ve been with us since April, and have found Houst has been invaluable for making the most of their property. Since taking Houst on board, their Fountainbridge flat has been more or less fully booked, including a very busy upcoming period for the Edinburgh Fringe Festival.
“We met with George from Houst who really put our mind at ease. He talked us through the whole process, and we felt confident that our property would be in good hands,” says Nick. “The team are fantastic at communicating with us, and the office being conveniently located in Edinburgh city centre means that we’ve been able to go in and meet the staff.”
The main benefit of using Houst for Nick is the time it saves. With busy jobs and a new family to prepare for, the couple wouldn’t be able to effectively manage the property themselves.
“The user platform for hosts is really helpful,” adds Nick. “I can check up things if I need to, but the Houst team take care of everything. They’re able to instantly pull up documents for guests, which I’m not able to do on my phone when I’m on the move with work. Recently, they even replied to a guest’s queries in French – which I wouldn’t have been able to do myself!”
Building a sense of trust is really important when you’re letting out your home. Nick felt instantly at ease thanks to the Houst team’s communication.
“Any queries I’ve had, Houst have got back to me straight away,” he explains. “It’s great to work with a motivated partner, as I know they’re just as motivated as I am to get guests in.”
The couple have found that short-term letting with the help of Houst has brought them substantially more income than traditional long-term letting. They’ve been able to put this money towards doing up their family home, in nearby Shandon, to get ready for their new arrival.
“Not only is the extra income a big help towards paying off our two mortgages, it’s also great for the little things like stocking up on nappies and redecorating the baby’s room,” says Nick. “No matter how busy my life gets over the next few months, I know everything is taken care of.”
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