It has been a year since we launched the RLA PEARL, the RLA's research lab. One of our most high-profile research projects has been our investigations into short-term lettings and the movement of properties from the long-term residential market to the short-term holiday market. As part of #PEARLweek, we review our research findings and explore if we need to worry about short-term lettings, read on to find out more.
It has been a year since we launched RLA PEARL and in this short time, we have achieved a lot, and at a time when the political focus on the private rented sector is intensifying. In this blog post, we review our activities, successes and impacts over this past year.
The past two decades have seen the rapid development and growth of the private rented sector in the UK. Between 2001/02 and 2011/12 the sector has doubled in size and now accounts for 20% of households in England (MCHLG, 2018). The Government are implementing major changes to the taxation of the private rented sector, including changes to mortgage interest relief. This report builds upon previous research into the experiences of landlords and their attitudes toward the future.