Lets Talk’s 60th episode features Cullen Property’s Managing Director, Steve Coyle, explaining the pro’s and con’s of short term lets vs long term lets.
Host, Gillian Semmler asks Steve about the new legislation for the licensing of short term lets that is due to come into effect this October. Steve highlights significant points within Edinburgh Council’s draft legislation for the licensing of short term lets that he feels hosts need to be aware of. They discuss the implications of ‘control areas’ on landlords and agents, and whether Steve feels that Edinburgh is currently saturated with short term lets.
What does this mean for the private rented market?
Certain key industry representatives have expressed their concern over the new legislation for short term lets. Gillian chats to Steve about whether it is fit for purpose and if he believes there will be any long term effects of the legislation on the private residential lettings market as a whole.
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Lets Talk is available on all the usual platforms: Soundcloud, Spotify, iTunes and Citylets website, citylets.co.uk/podcasts.
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