Edinburgh Council licensing scheme deemed to be unlawful
Scotland: A licensing scheme for short-term let hosts and property managers proposed by the City of Edinburgh Council has been deemed unlawful in a landmark ruling at the Court of Session in Scotland.
Second homes could be charged double council tax in Scotland
UK: The Scottish Government and COSLA [The Convention of Scottish Local Authorities] could introduce plans to charge double the full rate of council tax for second homes in the country.
Airbnb denies buying Scottish proptech firm Letting Cloud
UK: Airbnb has denied all reports linking it with the rumoured acquisition of Edinburgh-based proptech firm Letting Cloud.
Scottish travel tech companies pen open letter to First Minister
Scotland: Five travel tech companies based in Scotland have released an open letter to the First Minister, expressing their “grave concerns of the impact of short-term lets [STL] regulatory legislation and planning controls” being introduced in the country.
ALTIDO buys Sherpa to diversify Scottish property portfolio
UK: European short-term rental property management company ALTIDO has acquired property service platform Sherpa to expand its footprint in Scotland.
Short-term let licensing order comes into effect in Scotland
Scotland: A new licensing scheme for short-term let hosts has come into effect in Scotland after multiple rounds of public consultation on how best to regulate the sector.
Edinburgh short-term lets control zone plans approved
Scotland: The Scottish Government has approved proposals to introduce a first-of-its-kind short-term lets control zone in Edinburgh.
Pure Leisure adds Mains of Taymouth estate to portfolio
Scotland: Independent holiday park operator Pure Leisure Group has purchased Mains of Taymouth Country Estate and Golf Course in Kenmore, Perthshire.
TravelNest secures £3m in growth capital
Scotland: Edinburgh-based holiday rental marketing platform TravelNest has secured an initial £3 million in growth capital from the Scottish National Investment Bank.
Limerston Capital buys Largo Leisure to tap into staycation demand
UK: Private equity firm Limerston Capital has announced the acquisition of Fife-based holiday site operator Largo Leisure.