{"id":9810,"date":"2016-04-02T12:59:01","date_gmt":"2016-04-02T05:59:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-the-airbnb-guests-who-could-end-up-costing-you-your-home\/"},"modified":"2016-04-02T13:19:09","modified_gmt":"2016-04-02T06:19:09","slug":"beware-the-airbnb-guests-who-could-end-up-costing-you-your-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-the-airbnb-guests-who-could-end-up-costing-you-your-home\/","title":{"rendered":"Beware the Airbnb guests who could end up costing you your home"},"content":{"rendered":"


\nThe rise in popularity of sites such as Airbnb has been incredible, but renting out your house is likely to be a breach of your mortgage terms, meaning charges or rate rises \u2013 or worseIt was one of the budget\u2019s most eye-catching giveaways: a tax break for people who use websites such as Airbnb to rent out their home. But a Guardian Money investigation has found that many people who might be considering hosting Airbnb guests in the wake of George Osborne\u2019s announcement could land themselves in a whole heap of trouble with their mortgage lender.We found that in some cases borrowers might be hit with a fee or face a higher mortgage rate. In others, the consequences could be far more severe, with some homeowners potentially risking a demand for the immediate repayment of the whole mortgage or even, in theory at least, being threatened with repossession. Continue reading…
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\nSource : theguardian.com
\nRead more…Beware the Airbnb guests who could end up costing you your home<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The rise in popularity of sites such as Airbnb has been incredible, but renting out...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-9810","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2ye","jetpack-related-posts":[{"id":80871,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/listen-up-airbnb-hosts-heres-how-to-use-your-rental-income-to-refinance-your-mortgage\/","url_meta":{"origin":9810,"position":0},"title":"Listen up Airbnb hosts: Here\u2019s how to use your rental income to refinance your mortgage","date":"February 24, 2018","format":false,"excerpt":"\r Fannie Mae now allows borrowers to use Airbnb rental income as part of the income qualification to refinance their home loans\r \r Source : cnbc.com\r Read more...Listen up Airbnb hosts: Here\u2019s how to use your rental income to refinance your mortgage","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metro-bank-says-mortgage-customers-can-rent-out-homes-on-airbnb\/","url_meta":{"origin":9810,"position":1},"title":"Metro Bank says mortgage customers can rent out homes on Airbnb","date":"November 17, 2016","format":false,"excerpt":"\r 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,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-are-using-airbnb-rental-income-to-refinance-mortgages\/","url_meta":{"origin":9810,"position":2},"title":"Homeowners are using Airbnb rental income to refinance mortgages","date":"February 22, 2018","format":false,"excerpt":"\r Homeowners can now use income from Airbnb to qualify for mortgage refinances, thanks to a new pilot program through Fannie Mae.\r \r Source : cnbc.com\r Read more...Homeowners are using Airbnb rental income to refinance mortgages","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-the-pitfalls-that-could-ground-your-airbnb-rental-plans\/","url_meta":{"origin":9810,"position":3},"title":"Beware the pitfalls that could ground your Airbnb rental plans","date":"October 9, 2016","format":false,"excerpt":"\r From breaching leases and mortgages to insurance issues, short-term lets aren\u2019t as simple as you think, says Donna FergusonFor many people, letting a room \u2013 or even an entire home \u2013 on Airbnb is an occasional helpful aid to paying off the mortgage. For others, the home letting website\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-luxury-homeowners-turn-to-airbnb-as-sales-slow\/","url_meta":{"origin":9810,"position":4},"title":"London luxury homeowners turn to Airbnb as sales slow","date":"March 27, 2017","format":false,"excerpt":"\r Luxury-home owners in London's best districts, of whom 41 per cent are from overseas, are turning to companies such as Airbnb and property brokers to secure income as their properties languish on the market. Others are trying to boost leasing income with shorter contracts after long-term rents in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":839,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/using-airbnb-wimdu-or-another-social-travel-site-how-to-avoid-being-conned\/","url_meta":{"origin":9810,"position":5},"title":"Using Airbnb, Wimdu or another social travel site? How to avoid being conned","date":"October 11, 2014","format":false,"excerpt":"\r A few precautions will help ensure trouble-free letting for both guests and hostsWhat can you do to ensure a problem-free letting through Airbnb, Wimdu and other \u201csocial travel\u201d sites?According to a survey by Direct Line, as many as three million homeowners would be happy to rent out part of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9810"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=9810"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9810\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=9810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=9810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=9810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}