Property News · November 17, 2016

Metro Bank says mortgage customers can rent out homes on Airbnb


Borrowers can let properties for up to 90 days without prior consentA mortgage lender has added a clause to its home loans that allows borrowers to let out their property through Airbnb without asking its permission.Generally lenders expect customers to ask permission before offering their homes for short-term lets, and some will charge a fee to give consent. A survey by the Guardian in April found some refused short-term lets completely, while others asked up to £295 in consent fees. Continue reading…

Source : theguardian.com
Read more…Metro Bank says mortgage customers can rent out homes on Airbnb

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