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A Conservative MSP has slammed Scotland’s short lets licensing scheme for its negative impact on thousands of businesses.
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.
Short-let property owners in Cornwall, Edinburgh and Westminster had the most bookings in the UK last summer.
Leading letting agent Marc von Grundherr (pictured) has labelled the government’s crackdown on short lets “ironic”, given its hard line on buy-to-let landlords.
The Government has revealed changes to planning regulations that will clamp down on short-lets in tourism hotspots such as the Lake District and seaside towns.
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.
Landlords are being encouraged to consider adding lucrative short lets and assisted living developments to their property portfolios this year.
Landlords looking to rent their properties out via short lets now have more choice after British platform UnderTheDoormat announced it has merged with European counterpart Veeve.
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.