Many thousands of landlords in London are now allowed to rent their homes out as short term holiday lets.
This new law came into effect on 26th May 2015 which now allows people to rent their home for less than 90 days without having to apply for planning permission with the local council which means that many landlords are now celebrating this great news.
This means that short-term letting of homes in London is now allowed up to a maximum of 90 nights in a calendar year. So this now puts London on the same level as other towns and cities in England.
Before this ruling these rentals were possibly in breach of outdated London Council laws dating back to the 1970's which required Londoners to apply for planning permission to rent for fewer than 90 nights, or they could be fined up to £20,000 for each unlawful rental. Although this law was previously poorly enforced across the capital.
'We at City Booker have spent many thousands of pounds researching this law and hiring the best property lawyers in London to help us and our landlords who want to rent their property as a full time holiday apartment in London'
Here is a link below to the Governments article about short term let rules in London:
Evening Standard article below explaining the New 90 day rule which means Londoners can now earn thousands of pounds renting as a holiday let: