Local short-term let rules are the only way to ensure balance – Propertymark

Central London councils and the Mayor are looking to quell the growth of Airbnb-style short-let properties in the capital, by imposing a new 'mandatory registration system for anyone wishing to rent out…

The government is pressing on with plans to regulate the holiday rental market, suggesting a new planning use class for short-term rentals, and a register of to keep track of them.

'Short-term lets have been widely abused - when you have one residential block renting out more rooms than the Ritz every night, you know the system needs reform,' says the leader of Westminster City Council.