The Coronavirus pandemic has had a major impact on the property rental market from short letting to medium term and long term rental.
Short lets or holiday letting have been the most affected with domestic and international travel severely limited with lockdowns and government restrictions in place. As a result, there has been a general shift to longer average stays or medium-term rentals if people need a place to stay. The biggest beneficiary has been a boost for ‘staycation’ locations across the UK. Continue reading “The Pandemic’s Impact on the Short Letting and Rental Market”