Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Michael Gove, the UK's Secretary of State for Environment, Food and Rural Affairs, has proposed new regulations for short-term rentals in holiday resorts, including those listed on Airbnb. Join me online on my free live money management training Wednesday 8.00PM https://bit.ly/3QPp8IH These regulations aim to address concerns over the impact of such rentals on the availability and affordability of housing in these areas. House prices have surged in popular coastal beauty spots in parts of Devon, Cornwall and Norfolk as investors swoop up property for holiday lets as higher rents. Under the proposed rules, local councils would have the power to require property owners to obtain planning permission before renting out their homes for short periods. This would allow councils to regulate the number of short-term rentals in an area, and to ensure that they do not have a negative impact on the availability of long-term housing. Watch video version - https://youtu.be/QvkdXPYjRMw The regulations would also requir