General
UK Staycation Demand Encourages Switch from Long-Term to Short-Term Lets
As more Britons opt for a staycation over a holiday abroad, evidence suggests that some private rental sector (PRS) buy-to-let (BTL) landlords are choosing to switch their investment properties from the long-term rental market, to the short-term, holiday lets market. This reverses a trend seen earlier in the coronavirus pandemic and is more in line with the broader trend of the UK's letting market pre-Covid-19.