An Isle of Man village has become the latest authority to clamp down on the growth in short-term lets.
The Royal Family could be raking in £118,775 each month from their holiday let portfolio, adding up to a lucrative annual rental income of more than £1.4 million.
The number of short lets in Scotland fell last year as the sector felt the impact of its licensing scheme clampdown.
If you are involved with Furnished Holiday Lets you are probably be aware by now that there are far reaching tax changes coming - what to do about them?
Holiday let owners are facing a significant dip in bookings this year as the sector feels the effects of the cost-of-living crisis, poor weather and an increasingly saturated market.
Generation Rent has called for even stronger action to be taken against holiday lets which it says have been “making life a misery” for renters in the UK’s most popular tourist destinations.
Chancellor Jeremy Hunt is considering a tax raid on holiday let owners, it emerged over the weekend.
Britain’s most unusual holiday rental investment has been uncovered following a planning appeal decision over two floating ‘pods’ at a Marina in Chichester Harbour.
Airbnb and two other big short-lets platforms have agreed to share their data on guest numbers and nights booked with the Office for National Statistics (ONS) to help shape policy decisions on the sector.
