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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