New short-term rental rules could dampen demand for buy-to-let properties
New restrictions mean property owners and investors may not be able to rely on the profitability of short-term rentals
12 November 2024 - 13:23
New legislation aimed at regulating Airbnb and other short-term rental platforms could reduce demand for buy-to-let properties, as the government plans to tighten control over the sector, according to Only Realty Property Group.
The new restrictions mean property owners and investors may not be able to rely on the profitability of short-term rentals. Grant Smee, CEO of Only Realty Property Group, said the effect on property owners and the short-term letting market remained unclear, however, there was concern that the restrictions could hinder investor interest...
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