Thousands of London long-term rental properties at risk from holiday lets plan

7 months ago 32

Government rule changes on Airbnb-style rentals could lead to loss of more than 10,000 long-term rentable properties

A loophole in government proposals to clamp down on Airbnb-style holiday lets could lead to the loss of thousands of long-term rental properties for families in London.

The government scrapped tax breaks for holiday homes in the budget and last month unveiled a registration scheme to help councils control the booming holiday let market, which Michael Gove, the levelling-up secretary, claims is denying local people the opportunity to buy or rent a home.

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