UK buy-to-let mortgage market adapting to short-term rental market
UK: The growth of Airbnb and other vacation rental sites is forcing change within the buy-to-let mortgage market. A landlord seeking to switch their income model from traditional assured short-hold tenancy (AST) agreement to a vacation rental will be required to remortgage by their lender before they can change the use of their rental property. […]
Netflix launches series about vacation rental sector
US: The Netflix original series Stay Here debuted this week, focusing on the vacation rental industry. The show features interior designer and TV personality Genevieve Gorder and real estate expert Peter Lorimer showing short-term rental owners how to update their properties and increase their profits. Lorimer is the CEO and broker behind PLG Estates, a […]