In this episode, Steven and Nick sit down with Fiona Campbell, Chief Executive of the Association of Scotland’s Self-Caterers (ASSC), to discuss the impact of Scotland’s short-term let licensing regulations. Fiona shares how these new policies are forcing operators out of business, damaging tourism, and creating a black market for rentals. If you're involved in short-term lets or considering investing in one, this is a must-listen episode!

Why Short-Term Let Licensing Was Introduced:

• The Scottish Government’s reasoning behind the regulations.
• The unintended consequences for small property owners and investors.

How Licensing & Planning Rules Are Hurting Operators:

• The complex approval process that’s shutting down businesses.
• The impact on Scotland’s tourism industry and local economies.
• How the cost of compliance is pushing many to leave the sector.

The Rise of the Black Market in Short-Term Lets:

• Why some operators are ignoring regulations and continuing illegally.
• The lack of enforcement creating an uneven playing field.
• What could happen next with legal battles and political pressure.

What Landlords & Investors Need to Know:

• Key things to check before buying a short-term let property in Scotland.
• How ASSC is fighting for fairer regulations and what might change.
• Why diversification is crucial if you rely on rental income.

Scotland’s short-term let licensing has shaken up the rental market, forcing many operators to rethink their strategy or leave the industry altogether. Fiona provides a detailed breakdown of the situation and what could change in the future. Whether you’re an investor, a landlord, or someone in the hospitality sector, understanding these regulations is critical to making informed decisions.