The Times - More mortgages for would-be Airbnb landlords
A limited number of banks and building societies are offering mortgages to cater for clients planning to take advantage of the short-term rental market.
Even though hotel-style lets have been capped at 90 days each year without planning permission, lenders like Metro Bank are still offering finance.
Aaron Strutt, product director at Trinity Financial, told The Times that you need to ask your existing lender and check if you are allowed to use companies like Airbnb.
He said: “If they find out you are letting a property without permission, there is a chance they could put a black mark on your credit report.”
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