Holiday Let Registration is coming, are you ready?

Regulations will tighten, improving safety standards for guests.

There will be a standardised set of rules that all holiday home owners will need to adhere to, meaning you’ll be rewarded for your investment in the quality of your property.

Trust in the industry should improve as more opportunistic investors are removed from the market.

My Predictions

• It will be compulsory throughout England
• It will be live before the end of the year
• It will cost £300-600 per property for a 3 year registration
• Properties booking less than 70 nights a year or, properties on business rates will not be permitted to let
• Council tax on second homes’ will double, or even triple

Positive points

• This will put all holiday lets on a level playing field where compliance is put first
• It will make it much safer for guests; getting rid of cowboy agents and people renting out their spare room with no compliance at all.
• If you’re letting with Lakeland Retreats, you already have many of the compliance documents and we are getting prepared!
• This should be seen as a good thing for the sustainability of the Lakes, for visitors and locals alike.

• Compliance will be full throttle!
• Landlords Gas Safety – Already an annual requirement.
• EICR – Already requirement every 5 years.
• EPC – If you have bought your house within the last 10 years you should already have one of these, if not you may need one.
• Public liability insurance – Already a requirement.
• PAT testing – Not currently a legal requirement but will be and is already recommended

• Fire Risk Assessment – Currently you can write your own FRA for your holiday let, given you are a competent person. Watching how Scotland has done this, the changes will mean you will only be able to write your own FRA if you have a house of 3 bedrooms or less, and two floors or less.
• For more information, see more on Fire Risk Assessments for short let properties.

Already letting with an agent?

With all the relevant compliance documents, you should ‘grandfather’ on to the scheme, though you’ll need to be able to prove you are currently an active holiday let.

Looking to start letting after Holiday Let Registration starts?

There is a chance you will need planning permission to register as a holiday let.

More details will emerge when the registration goes live.

How are Lakeland Retreats helping owners like you, right now?

We hold monthly zoom meetings with all our property owners where we address any queries and share up to date news from top advisors in the industry. These meetings are recorded and mailed to all owners so everyone gets the information and can review it when it suits them.

We also have an owners day pencilled at the end of the year so everyone can get together to share their experience, advice and, of course, our love of the Lakes!

We invest a lot of time ensuring we are constantly kept up to date by top advisors in our field so we can:

1. Ensured all your compliance documents are up to date, if not ahead of the curve.
2. Use local tradesman to ensure we have everything booked in early to avoid delays or hold ups in busy times.
3. Ensure all Lakeland Retreat properties are as ready to go as they can be to aid a smooth process as soon as registration opens!