Be Cautious about Selling Leasehold Apartments as 'Ideal for Airbnb'

The Legal Training Company expert, David Keighley warns the property industry about advertising properties as ideal 'Airbnb short lets'. During a conference held by The Legal Training Company, legal training expert David Keighley discussed the legal difficulties of renting out a property via short-term rental platforms such as Airbnb. 

“I think it’s fair to say that a body of law is now developing that highlights how, to an extent, leasehold properties let on what we might regard as standard residential terms [via Airbnb] are very dangerous,” says Keighley.

“Because there is a very real likelihood that the owner of the property will be in breach of their leasehold covenant.”

Our team at Residential Estates are here for you every step of the way, so if you have any concerns about management options or legalities for your short term let property, please contact us by calling 01244 343 355 or emailing reservations@residential-estates.co.uk.

Read the full article here: The Negotiator

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