Fractional renting

Fractional renting

Weekday renting is a term used to describe those individuals who rent on a part-time basis. These people typically rent a room in someone’s home for the working week, hence weekday renting is often also described as fractional renting.

The growth in popularity of weekday renting in the UK has arisen as individuals find that work requirements draw them away from their homes, lengthening commuting distances and journey times. Busy people, tired of long distance commuting, look for somewhere to rent close to work so they can stay away during the working week and improve their work-life balance.

Simultaneously, financial pressures on homeowners have led to a rise in the number of people offering rooms for working week renting. Taking a weekday lodger provides additional income but leaves the homeowner with a spare room for the weekend.

Weekday renting services facilitate the linking of homeowners and lodgers.


Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Fractional ownership — In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing.… …   Wikipedia

  • Timeshare — A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. Timeshare properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each… …   Wikipedia

  • Collaborative consumption — The term collaborative consumption is used to describe an economic model based on sharing, swapping, bartering, trading or renting access to products as opposed to ownership.[1] Technology and peer communities are enabling these old market… …   Wikipedia

  • Collaborative finance — The term collaborative finance is used to describe a specific category of financial transaction which occurs directly between individuals without the intermediation of a traditional financial institution. This new way to manage informal financial …   Wikipedia

  • collaborative consumption — n. An economic model in which consumers use online tools to collaborate on owning, renting, sharing, and trading goods and services. Example Citations: From social lending (Zopa), to car sharing (Zipcar) to co working (HubCulture), to peer to… …   New words

  • Economic democracy — is a socioeconomic philosophy that suggests a shift in decision making power from a small minority of corporate shareholders to a larger majority of public stakeholders. There is no single definition or approach for economic democracy, but most… …   Wikipedia

  • Islamic banking — Banking A series on Financial services …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”