October 9, 2016
For many people, letting a room – or even an entire home – on Airbnb is an occasional helpful aid to paying off the mortgage. For others, the home letting website is a source of regular income which they factor into their monthly budget. But while renting via the website may seem as simple as posting property details online, the reality is more complex – and a recent court ruling could further complicate matters. Thousands of people who use the site to rent out their leasehold property are potentially breaching their leases, and could be in danger of losing their homes, according to a recent ruling from the Upper Tribunal (Lands Chamber), the highest property court in the land…
Source: https://www.theguardian.com/money/2016/oct/09/beware-pitfalls-airbnb-rental-plansbreaching-leases-mortgages
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