Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
Agents Managing Short Lets to Collect New Visitor Levy
Letting agents who handle Airbnb or other short let arrangements for landlords will be expected to collect the new Visitor Levy, according to Letting Agent Today. The Visitor Levy Bill has been introduced in the House of Commons.
If the Bill becomes law, local Mayors — or in some cases councils — will decide whether to impose the levy, and at what level.
The change would affect UK letting agents and inventory clerks in the short let sector, who could take on a new collection responsibility for arrangements they manage on behalf of landlords.
The source report does not specify operational details, timelines or levy rates. Agents should follow the Bill's progress for full details.
Source: Letting Agent Today