#088 Why Hosting Differs From Letting

Watch the full interview here - https://youtu.be/iRVv0I6uXx8 Follow Julie on Instagram - https://www.instagram.com/julie.fordtv/ Follow Julie on TikTok - https://www.tiktok.com/@julie_fordtv Work With Julie! - The Lettings Advice Service - https://lettingsadviceservice.co.uk Neil interviews property expert Julie Ford, who shares her extensive knowledge on the distinctions between live-in hosting and traditional landlord regulations. Julie clarifies common misconceptions about the legalities of hosting, including the implications of the rent-a-room scheme and the importance of understanding tenant rights versus guest privileges. KEY TAKEAWAYS Live-in hosts are not subject to the same regulations as commercial landlords, as they do not operate a business in the traditional sense. This includes exemptions from certain laws and regulations that apply to absentee-run accommodations. Many potential hosts believe that hosting comes with extensive legal obligations similar to those in the private rented sector. However, live-in hosts face significantly fewer regulations, primarily only needing to comply with gas safety laws. Length of stay does not automatically create a tenancy. A guest remains a guest as long as they do not have exclusive possession of a room, which is a key factor in determining tenant status. BEST MOMENTS "The most common misconception is they believe that it comes with a lot of legislation. When you move into hosting, occupants don't have as much protection for their security of tenure." "Live-in hosting is not the same as running a commercial entity." "The only thing is that the gas safety is the only thing that I would say that would go across the board." CONTACT DETAILS Visit Neil's Airbnb https://bit.ly/SuperhostNeil Instagram: https://www.instagram.com/superhostneil/ Facebook: https://www.facebook.com/SuperhostNeil TikTok: https://www.tiktok.com/@superhostneil Email: [e-mail] ABOUT THE HOST Neil has led a fulfilled and unconventional life, navigating an extraordinary journey from the Royal Navy to prop-making in London's West End theatres. Born into a military family, it was a twist of fate which led him to the theatre, where he contributed to iconic productions such as Phantom of the Opera. Eventually, Neil transitioned to Corporate Event Team Building, eventually founding his own venture in 1999. Financial challenges in 2017 are what prompted a strategic shift to Airbnb hosting, proving a reliable backup income. By 2021, Neil and his business partner triumphed over significant debt, fuelled by their resilience and the success of Neil's Airbnb venture. Now, Neil has left the corporate world behind, thriving solely through his flourishing Airbnb endeavours. ABOUT THE SHOW Welcome to "The Airbnb Superhost," your ultimate guide to mastering the art of hosting on Airbnb. In each concise 15-minute episode, Neil will reveal the secrets to creating unforgettable guest experiences and maximizing the potential of your property, drawing on over 9 consecutive years as a qualifying Airbnb Superhost. With a focus on 3 specific aspects of running an Airbnb business; the host, the property, and Airbnb itself, Neil provides step-by-step guidance on everything from ambience creation to effective communication. In each episode, a Superhost Secret will help you elevate your hosting game and keep guests coming back for more. Whether you're a seasoned host or just starting out, Neil’s actionable tips and tricks will help you become a hospitality superstar. Disclaimer: The Airbnb Superhost is in no way affiliated with Airbnb. All ideas, thoughts, concepts and data presented in this podcast are entirely Neil’s own and do not represent the views of Airbnb. This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/