Short-term holiday letting platforms such as Airbnb have become increasingly popular, but they can present challenges for apartment developments and Owners’ Management Companies (OMCs).
If you’re an apartment owner considering short-term letting, or a resident concerned about its impact on your development, it’s important to understand the rules that may apply.
House Rules and Residents’ Responsibilities
Everyone living in an apartment development is expected to comply with the development’s house rules. These apply to:
- Apartment owners
- Long-term tenants
- Short-term occupants
House rules are designed to protect the comfort, safety and security of all residents and typically cover matters such as:
- Noise levels
- Security and access
- Use of communal areas
- Waste management
- Parking
- General behaviour
Where repeated complaints arise from short-term lettings, Owners’ Management Companies may decide to review whether this type of letting is appropriate within the development.
Lease Agreements
Apartment owners are also bound by the terms of their lease.
Many leases restrict how a property can be used and may prohibit activities that are considered commercial rather than residential. Depending on the wording of the lease, short-term holiday letting may not be permitted.
Some newer developments include specific clauses dealing with Airbnb and other short-term letting platforms.
Planning Considerations
In some circumstances, using an apartment exclusively for short-term holiday accommodation may require planning permission or may not comply with the original planning conditions for the development.
Requirements can vary depending on the location and nature of the property, so owners should seek professional advice before offering a property for short-term holiday letting.
The Role of the Owners’ Management Company
An Owners’ Management Company has a responsibility to manage the development in the interests of all residents.
Where concerns arise regarding security, noise or the operation of short-term lettings, the OMC may:
- Review the house rules
- Enforce lease obligations where appropriate
- Seek legal advice where necessary
- Discuss proposed policy changes at the Annual General Meeting (AGM)
Any decisions should be made in accordance with the development’s governing documents and applicable legislation.
Looking for Advice?
Whether you’re an apartment owner, landlord or member of an Owners’ Management Company, understanding your rights and responsibilities is essential before offering a property for short-term letting.
At Ballincastle Property Services, we work closely with Owners’ Management Companies and property owners throughout the North West, providing professional property management services and practical guidance on the day-to-day management of residential developments.