Rob discusses the government's plans to introduce new controls on holiday lets starting from the summer. The aim is to make housing more affordable for local residents, but Rob questions whether these measures will effectively address the issue, highlighting the importance of increasing the supply of housing as a long-term solution to the housing crisis.
KEY TAKEAWAYS
BEST MOMENTS
"The way to solve any housing issue is build more, because the demand for housing is much higher than the supply of housing in this country at the moment."
"Just because you are born in an area or you live in an area, it doesn't give you an automatic right to buy a home in that area."
"The rules won't apply to people renting out their main home for less than 90 nights a year. It doesn't affect hotels, hostels and B&Bs."
"Councils would have the power to require planning permission for properties if they deem that necessary, which probably means they will because councils love the power."
VALUABLE RESOURCES
https://www.bbc.co.uk/news/uk-politics-68335939
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US