Could Regulating Short-Term Lets Help The Rental Market?

According to lettings payment automation provider, PayProp, regulating the fledgling market would reduce the number of negative experiences and allow more people to benefit from the availability of short-term rentals. The fast-growing short-term lettings market could benefit from regulation of short lets, akin to that seen in traditional lettings, is needed to provide the necessary protection for all stakeholders. The short-term lets market has grown rapidly in recent years – tenants enjoy the flexibility it offers, while landlords are attracted to the high yields it can provide. This boom has created many new management opportunities for letting agencies. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/landlords/could-regulating-short-term-lets-help-the-rental-market.html