Brokers have said that buy-to-let landlords are increasingly converting their long-term rental properties to short-term accommodation amid an increase in rules and regulations. They say landlords are looking to capitalise on the increased demand, yield potential and regulatory flexibility of holiday lets, spurred on by the pandemic and growing awareness of the climate change crisis. Doug Miller, director at Lansdown Financial Services, said the staycation boom – particularly during the pandemic – had “challenged your average property investor’s typical thinking”.
Landlords turn to ‘lucrative and flexible’ holiday lets
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