Category: Short-term lets and Airbnb

New York has recently implemented new regulations for short-term lets, producing an immediate impact. This raises the question: to what extent should the UK government follow suit?

There are two options for renting out a property: short-term rentals and long-term rentals. Although long-term rentals provide stability, short-term rentals may be a more lucrative option. The high-interest economy has affected property owners as it has pushed them to consider switching to long-term rentals due to the need for a stable income. This blog will discuss how you can have a profitable short-term rental in a high-interest market without switching to a long-term rental.

It is recommended that you think about getting insurance specific to short-term lettings such as Airbnb/ holiday lets.

Here are a few tips for managing your Airbnb remotely:

1) Self-check-in / Key management

Ideally, you would have a reliable individual who can meet your guests and check them in. In case you do not have anyone