After the consultation carried out last year, the Department for Levelling Up, Housing & Communities has recently announced reforms in the rules for short-term lets.
The aim of these provisions is intended to be twofold:
To provide councils with a better understanding of the extent to which short-term lets are provided in their area.
To address concerns that properties let out on this basis are limiting housing options for local residents. The nature of the demand for short-term lets is such that the majority of these properties are concentrated in a small number of council areas.
Read full insight for more detail and key takeaways.
