Saturday, 7 January 2017

Clarification for London Homeowners on Renting your Home through Airbnb

To keep on the right side of planning laws in London, as of this month Airbnb is automatically limiting "entire homes listings" in Greater London to 90 nights a year.

The change only applies to London.  The change will not affect those who let spare rooms in their home or who let their entire home for fewer than 90 days in a year.

Even with these restrictions, renting your London home through Airbnb continues to be highly lucrative. According to the real estate valuation firm Propcision, rents for Airbnb properties in London are on average more than double the rents paid on longer term tenancies.