Airbnb calls for national short-lets landlord register

Airbnb is calling for a national register for the short-term lets sector following its nationwide consultation involving ©1999 - Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® - Airbnb calls for national short-lets landlord register | LandlordZONE.

Airbnb calls for national short-lets landlord register

Airbnb is calling for a national register for the short-term lets sector following its nationwide consultation involving tourism bosses and local community leaders.

The ‘white paper’ suggests operators should have a registration number from the government or a devolved authority in order to list their homes on a short-term letting platform or through conventional methods.

This would give councils the ability to notify platforms about issues with listings in their area. Platforms could then individually – or collectively – remove bad hosts, preventing people from simply switching their listing to another booking site.

Airbnb wants new planning guidance that distinguishes between commercial and non-commercial/amateur lets so that local authorities can use existing powers to grant or deny permission in a transparent way.

It also believes that police and fire services should have access to the register while operators should have to prove they understand existing health and safety standards, including requirements on health and safety certificates, insurance, gas safety and cleaning. 

Merilee Karr, chair of the , says: “If the home nations decide to explore registration systems further, established best practice in other European countries point to an industry-wide online system that is simple to use, easy to access and low cost to both administer and register.

“This will enable homeowners to operate transparently and in line with local policy and legislation without burdensome hurdles to being able to share their homes when they would otherwise be sitting empty.”  

The research consulted 70 representatives from , tourism organisations and local communities in cities including Brighton, Bristol, Bath, London, Manchester, Edinburgh and Cardiff. Airbnb’s findings will now be presented to the government. 

©1999 - Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® - Airbnb calls for national short-lets landlord register | LandlordZONE.

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Property ‘developer’ banned after collapse of £13m Ponzi scheme

A rogue property developer who conned investors out of £13 million through a Ponzi scheme has been ©1999 - Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® - Property ‘developer’ banned after collapse of £13m Ponzi scheme | LandlordZONE.

Property ‘developer’ banned after collapse of £13m Ponzi scheme

A rogue property developer who conned investors out of £13 million through a Ponzi scheme has been disqualified from being a company director.

Mitchell Mallin, 34, from Chelmsford, ran Essex and London Properties Limited, which targeted investors by promising that their funds would be used to buy dilapidated houses in London and Essex before renovating them and selling them for a profit.

It raked in more than £13 million over three years from hundreds of people who stumped up between £5,000 to over £100,000. However, only one £147,000 property was ever bought for renovation and instead the majority of investors’ money was siphoned to overseas bank accounts.

The company was wound up in September 2018 following an investigation by .

14 year ban

Mallin did not dispute that he caused or allowed his firm to trade with a lack of commercial probity and has now been banned from acting as a director for 14 years which means he cannot become involved in the promotion, formation or management of a company.

originally flagged up the story in 2018, reporting that many investors were approached directly or via intermediary platforms, enticed by offers of an 8% annual return paid quarterly if the money was held for three years or 12% if the money was held for one year.

Neil North, chief investigator at the Insolvency Service, says: “As the period of disqualification reflects, obtaining funds from investors and using them in a dishonest manner is a serious matter and contrary to the conduct expected of a company director.

Companies have limited liability, which is a privilege, not a right and we have strong enforcement powers which we will not hesitate to use to remove that privilege from dishonest or reckless directors.”

©1999 - Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® - Property ‘developer’ banned after collapse of £13m Ponzi scheme | LandlordZONE.

Source : Landlord Zone More   

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