May 14, 2024

News and Political Commentary

Government to outline new curbs on short-term lets in England

2 min read

Stay informed with free updates

New curbs on short-term property rentals in England will be unveiled by the UK government on Monday, despite warnings from estate agents and tourism chiefs that the move could dent local economies.

Michael Gove, Levelling Up secretary, will announce plans to force second-home owners to seek planning permission for short-term lets in future, alongside the creation of a mandatory national register of short-term rental properties.

“We know short-term lets can be helpful for the tourist economy, but we are now giving councils the tools to bring them under control so that local people can rent those homes as well,” he said.

The move follows long-standing concerns about local residents being pushed out of tourist hotspots on account of fierce competition with holidaymakers for accommodation.

However, property agents and tourism groups criticised the proposals when they were first floated by ministers last April, arguing they would do nothing to bolster the supply of housing while risking damage to local businesses.

The plans sparked debate within the Conservative party, receiving guarded praise from some Tory MPs, while being branded “anti-business” by former Tory housing secretary Simon Clarke.

Under the proposed reforms, set to be introduced this summer, property owners will still be able to rent their main or sole home for up to 90 nights a year.

The Department for Levelling Up, Housing and Communities said the changes were part of a wider plan to prevent the “hollowing out” of communities and ensure local people can continue to live in the area they consider their home, as well as crack down on antisocial behaviour linked to the high density of short-term lets.

Lucian Cook, head of UK residential research at estate agent Savills, conceded the short-term rental market had taken much needed housing stock out of the private rental sector.

“On that…



2024-02-18 19:01:28

All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator


Read more from original source here…

Leave a Reply

Copyright © All rights reserved. | Newsphere by AF themes.