Thursday, 21 February 2019

Minority Of Landlords Offering Informal Short-Term Lets

Only three percent of landlords are currently engaged in the informal short-term lettings market, according to research by the NLA.  Short-term lets, which range in length from one night up to around six months, have increased in popularity in recent years following the success of companies such as Airbnb. Landlords can generate significant income from letting their properties in this way.  However, this can breach a landlord’s mortgage terms and invalidate their existing insurance policy, so it’s vital for them to be aware of the problems it can present.   Read more on the NLA website.
https://landlords.org.uk/news-campaigns/news/minority-landlords-offering-informal-short-term-lets

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