Possibly, according to a report by the Residential Landlords Association, which sites figures showing 27% increase in London listings in the last four months, coinciding with a 6% rise in long-term rents in the capital as supply falls. The theory is that landlords are attempting to mitigate negative effects of recent tax law changes by taking advantage of the £1000 tax relief offered Airbnb users and the higher income achieved by short-term lets. If true, it won’t be just landlords suffering under the new tougher tax regime, but tenants, too. More here.
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