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Tax and regulation are having a major impact on the UK's holiday let industry.
Some owners are giving up and leaving their properties empty or trying to sell. This is having a knock-on effect on local businesses which rely on tourism.
As a holiday let manager and consultant based in Cornwall – one of the UK's short-term rental hotspots – Katie Warren is on the frontline. She is seeing first-hand the impact of new legislation and is adamant the new rules are not helping people who want to get on the property ladder, which is one the government's stated aims.
In today's episode, Katie outlines the situation in Cornwall, has a clear message for Keir Starmer and Rachel Reeves, and calls on the government to introduce a hard-hitting statutory registration scheme in order to root out bad actors from the sector.
Key takeaways:
• Holiday let owners are worried
• The changes are not helping first-time buyers
• The government needs to gather data and stop scapegoating the holiday let industry
1:04 The impact of tax and regulation in Cornwall
5:04 Empty homes vs holiday homes
6:30 Will the tax changes help first-time buyers?
8:48 Message for Keir Starmer and Rachel Reeves
12:56 Stop scapegoating us!
18:40 We need statutory registration with teeth
20:52 Fixer Property & Management
24:45 Favourite brands: Key Data and Host Planet
26:44 Keep going!
Host Planet: https://www.hostplanet.club/
James Varley: https://www.linkedin.com/in/jdsvarley/
Katie Warren: https://www.linkedin.com/in/katie-warren-6657a845/
Fixer Property & Management: https://www.fixermanagementservices.com/
Episode sponsors:
Hosthub: https://www.hosthub.com/?utm_source=affiliate&utm_medium=banner&utm_campaign=HCH
Zeal: https://gozeal.co.uk/services/industries/host-planet-furnished-holiday-lets/
Episode to check next:
Airbnb does not want you to listen to Mark Simpson: https://www.youtube.com/watch?v=4B7VBSExRkU&t=1s
The Host Planet Podcast is presented by James Varley, a holiday let investor and property manager who is also the Founder of Host Planet. Before founding Host Planet, James spent 20 years in the media, including a decade leading corporate communications for the FIFA World Cup Qatar 2022.
Contact the show: [email protected]
#HostPlanet #HostPlanetPodcast #HostPlanetBitesize #ShortTermRentals #VacationRentals #HolidayLets #Airbnb #BookDirect #PropertyManagement #PropertyInvestment #BookingCom #Vrbo #Cornwall #KeirStarmer #RachelReeves
5
22 ratings
Tax and regulation are having a major impact on the UK's holiday let industry.
Some owners are giving up and leaving their properties empty or trying to sell. This is having a knock-on effect on local businesses which rely on tourism.
As a holiday let manager and consultant based in Cornwall – one of the UK's short-term rental hotspots – Katie Warren is on the frontline. She is seeing first-hand the impact of new legislation and is adamant the new rules are not helping people who want to get on the property ladder, which is one the government's stated aims.
In today's episode, Katie outlines the situation in Cornwall, has a clear message for Keir Starmer and Rachel Reeves, and calls on the government to introduce a hard-hitting statutory registration scheme in order to root out bad actors from the sector.
Key takeaways:
• Holiday let owners are worried
• The changes are not helping first-time buyers
• The government needs to gather data and stop scapegoating the holiday let industry
1:04 The impact of tax and regulation in Cornwall
5:04 Empty homes vs holiday homes
6:30 Will the tax changes help first-time buyers?
8:48 Message for Keir Starmer and Rachel Reeves
12:56 Stop scapegoating us!
18:40 We need statutory registration with teeth
20:52 Fixer Property & Management
24:45 Favourite brands: Key Data and Host Planet
26:44 Keep going!
Host Planet: https://www.hostplanet.club/
James Varley: https://www.linkedin.com/in/jdsvarley/
Katie Warren: https://www.linkedin.com/in/katie-warren-6657a845/
Fixer Property & Management: https://www.fixermanagementservices.com/
Episode sponsors:
Hosthub: https://www.hosthub.com/?utm_source=affiliate&utm_medium=banner&utm_campaign=HCH
Zeal: https://gozeal.co.uk/services/industries/host-planet-furnished-holiday-lets/
Episode to check next:
Airbnb does not want you to listen to Mark Simpson: https://www.youtube.com/watch?v=4B7VBSExRkU&t=1s
The Host Planet Podcast is presented by James Varley, a holiday let investor and property manager who is also the Founder of Host Planet. Before founding Host Planet, James spent 20 years in the media, including a decade leading corporate communications for the FIFA World Cup Qatar 2022.
Contact the show: [email protected]
#HostPlanet #HostPlanetPodcast #HostPlanetBitesize #ShortTermRentals #VacationRentals #HolidayLets #Airbnb #BookDirect #PropertyManagement #PropertyInvestment #BookingCom #Vrbo #Cornwall #KeirStarmer #RachelReeves
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