The growth in short term lets is out of control in Edinburgh and of increasing concern across Scotland. The conversion of much-needed and valued residential property to commercial letting is happening with virtually no effective regulation or oversight and is causing significant distress to residents. Homes First is a campaign to resist the commercial forces that are being unleashed by the expansion of short term letting, to uphold the value of the homes and communities we live in, and to demand reform in housing and planning law so that homes come first.
“I live in a tenement block in Edinburgh. When I moved into my flat there was a mixture of residents – old and young, single people and families with kids. Many were owner occupiers while others rented for significant periods of time. Now on my floor the other two flats are run as short term lets. One is a short term let all year round – it’s a residential flat purchased for purely commercial purposes.” ~ Edinburgh Resident
Short term or holiday lets are properties which are rented out for a few days or weeks at a time typically to tourists and visitors. The rapid growth in online platforms and cheap flights is driving demand for this type of accommodation across the world.
The issues associated with the rise of short term lets include: