Change to Uk Law for Serviced Accommodation?

Change to Uk Law for Serviced Accommodation?

9:46 AM, 18th December 2020, About 3 years ago 5

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Hi everyone, I have a BTL apartment in Scotland and have been enquiring about changing our mortgage from BTL to Commercial/FHL so we can start letting it out as Serviced Accommodation.

I am really struggling to get anyone to give me a quote for it as it’s my first time doing it, but also because a lot of FHL/SA mortgage products have been recently pulled from the market. One mortgage broker I spoke to on the phone today told me that she had heard that this was also, because there is a proposed law change pending for FHL/SA which could include flats in closes or enclosed hallways not being allowed to be used for this purpose.

Has anyone else heard of this upcoming law change? Im considering doing a GBP2,000 SA/FHL course on this subject, but not if this law change is pending. I’ve googled it but can’t find any reference to it.



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10:35 AM, 18th December 2020, About 3 years ago

This is all I could find.

Since the hall is communal it might be that the other flats would object to the extra traffic

Pippa Watson

12:03 PM, 18th December 2020, About 3 years ago

There was a consultation on short lets and in particular AIrBNB properties requiring planning permission to let out. I believe that planning permission will require that they are only allowed for main door properties and not tenement style properties. Check Scottish Association for Landlords.


7:42 AM, 19th December 2020, About 3 years ago

I couldn't find that one

Please don't spend £2000 on a course, that's silly money for information you can get free if you do some homework, especially just now (maybe I should write a book, but it won't cost that much!) and consider your location, does it get a lot of holiday traffic?

Jireh Homes

13:01 PM, 19th December 2020, About 3 years ago

As Puzzler posted this "concern" is as a result of the recent consultation and review on "short-term lets" in that due to proposed requirement for Licencing this may result in tenement flats being refused if neighbours object. Will depend on the detail yet to be published and given the number of existing tenement short-term lets might not be an issue depending on your local area and LA, but at present is a potential risk. Draft legislation should be published early in 2021 so not too long to wait till see how the land lies!

Jon D

13:32 PM, 28th December 2020, About 3 years ago

The number of people changing their mortgage for AirBnb must be tiny.
Why not sublet the property to your wife, for example. That's a normal AST tenancy so no issues if ever asked.
The other party (wife) then runs the holiday let as a self-employed entity, entirely unbeknown to you. Officially.
Then you can gain an understanding of the market and if to continue or not before paying the corporate thieves to change mortgage etc.

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