Should the Airbnb let limit be introduced in more UK cities?

Should the Airbnb let limit be introduced in more UK cities?

The Association of Independent Inventory Clerks has welcomed the news that Airbnb will limit hosts from letting properties for longer than 90 days without official consent.

The protocol will be introduced in London from spring 2017 and property owners using the site will be notified when they are coming up to their limit and where to apply for an extension to let a property for longer.

Airbnb has taken action after receiving criticism from several different parties for supposedly allowing landlords to let properties via its platform for longer than 90 days a year, despite this being against planning rules.

Earlier this year, the Residential Landlords Association (RLA) reported that over 60% of entire properties listed on Airbnb in London were advertised as being available for more than 90 days per year.

Airbnb hit back with a statement claiming that the RLA’s research was ‘misleading’ as it deliberately confused availability with nights booked. Concerns about long-term lets on sites like Airbnb centre around the relative lack of regulations that need to be followed and safety checks that need to be carried out when compared to a traditional let.


The AIIC has welcomed Airbnb’s announcement, noting it has been wise to react before any official action was taken against it.
The inventory association has previously criticised landlords using short-term lets websites for longer tenancies.

It argued that tenants and landlords leave themselves open to damage or financial implications due to the minimal checks and paperwork needed to let a property via a short-term lets website. It pinpointed the lack of requirements for deposit protection and the unlikelihood of inventories being compiled as two of the biggest issues.

Patricia Barber, chair of the AIIC, had this to say: "We welcome this news as it will hopefully stop the small proportion of private landlords who have been abusing the short-lets system - and letting for longer than they are entitled - to cease doing so. Short-term lets are supposed to be short-term for a reason and landlords who are not adhering to the rules could be putting the future of their investment at risk."

Barber said that Airbnb's decision is a good start, but says there is still more work to be done, adding: "We hope that this initiative will be introduced in other UK cities (Liverpool, Manchester, Bristol and Newcastle) with high Airbnb usage in the future.”

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Latest Comments

Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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sean benton
sean benton 01 Sep 2017

Identity theft is a thread for any profession. So,people should stay alarmed. I once take help from a letting agent and came to know that letting agents are taking every precaution to prevent fraudulent...

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Mark N.
Mark N. 30 Aug 2017

We have seen a surge in instructions over August and that should continue into September too.

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Chris
Chris 30 Aug 2017

Unfortunately, all the legislation bears its force on Landlords and ignores, naively, the effect of Rogue Tenants on the ability of landlords to keep houses in repair and offer properties for rent at reasonable...

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Christian Donovan
Christian Donovan 18 Aug 2017

The write-down on house values, combined with the fall in the GBP saddled the fund?s property portfolio with a 1.4% loss in the second quarter. The shocking amount of $240 million.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

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