The private rental market is on the brink of major change. With the upcoming Renters’ Rights Bill set to overhaul how long-term lets operate, landlords and property owners are facing new challenges — but also new opportunities. If you own a property in Brighton, Hove, or Sussex, it’s worth thinking about how shifting to short-term rentals or holiday lets can give you a leg up in this evolving landscape.
What’s Changing with the Renters’ Rights Bill?
The Renters’ Rights Bill aims to give tenants greater security and flexibility by:
- Ending no-fault evictions (bye-bye, Section 21).
- Switching fixed-term tenancies to periodic agreements.
- Restricting rent payments in advance.
- Giving tenants the right to keep pets.
- Enforcing a new Decent Homes Standard for rental properties.
Sounds great for tenants, right? Well, yes — but for landlords, especially those in the long-term rental market, it brings increased regulation, less control, and potentially lower returns.
Why Short-Term Rentals Are the Clear Winner
Here’s where holiday lets and serviced accommodation shine:
1. Flexibility & Control
With short-term lets, you maintain full control over who stays and when. You’re not locked into lengthy contracts or forced to accept tenants indefinitely. This means you can adjust pricing and availability to match demand, maximise income, and keep your property in tip-top shape.
2. Higher Income Potential
Short-term rentals typically generate higher per-night income compared to long-term lets. With Brighton and Hove being such popular destinations, especially in peak seasons, holiday homes can outperform standard rentals financially.
3. Avoiding Renters’ Rights Bill Constraints
Most of the Bill’s new rules apply to long-term tenants. Holiday lets, governed differently, aren’t burdened with these new regulations. This means fewer headaches over eviction rules, rent payments, and pet policies.
4. Property Maintenance & Presentation
Regular guest turnover means your property is cleaned, maintained, and inspected frequently. This helps prevent long-term wear and tear and keeps your asset in excellent condition.
5. Supporting the Local Economy
By hosting holidaymakers, you’re contributing to the vibrant local tourism scene, supporting shops, restaurants, and services around Brighton, Hove, and Sussex. It’s a win-win for you and the community.
How MY Getaways Helps You Stay Ahead
Navigating this shifting landscape can feel overwhelming. That’s where we come in. We manage your short-term rental from A to Z — marketing across 40+ platforms, guest communications, professional cleaning, maintenance, and even noise monitoring. We ensure your property is a hassle-free, lucrative asset.
Ready to Make the Switch?
If you’re concerned about the impact of the Renters’ Rights Bill on your long-term rental portfolio, it might be time to explore the benefits of short-term lets. With demand for holiday homes soaring, there’s never been a better time to maximise your property’s potential — without the red tape.
Get in touch for a complimentary, no-pressure chat about how renting your property as a holiday home can earn you more with the Award Winning My Getaways, and find out how we can help you earn more, stress less, and stay ahead of the curve.
+44 (0) 1273 917 909
owners@mygetaways.co.uk