Tenants Hurt By Growth In Short Term Lets

Tenants, including many with children, are finding it harder to access long term homes to rent as Government policy is driving landlords to move into the holiday lettings market, says the leading landlords’ organisation. The warning comes as figures show that Airbnb accommodation now accounts for one listing for every four properties in some parts of the country. Nearly half a million properties could be left unavailable for longer-term rent as more landlords exit the market in favour of short-term lettings. One of the main reasons for this is the change in the taxation of landlords which is driving many landlords out of the long-term sector. Read more on the RLA website.

https://news.rla.org.uk/tenants-hurt-by-growth-in-short-term-lets/