UK's Hostmaker takes own adverts in response to user criticism

June 15, 2019

Estate listing marketplace faces more harsh criticism for seeming to encourage landlords to let their properties to short-let visitors exclusively. To combat this, Hostmaker has taken down the rental adverts that seem to convey this on its TfL network.

The firm, which launched in 2016, manages London-based properties that are listed on to Airbnb and other lettings platforms, had faced mounting criticism after it was found to be promoting a marketing campaign on Transport for London buses and tubes.

The adverts were seen by some people to be a means of encouraging buy-to-let landlords to convert their properties into more lucrative short-term lets and no longer cater for long-term rental tenants.

In response, Labour’s housing spokesman in the London Assembly launched a high profile campaign criticising the advert. The campaign was endorsed by the Residential Landlords Association as they questioned the legality of Hostmaker’s actions given that properties have a maximum limit of 90 nights per year for short-term lets in the English capital.

Hostmaker London spokesman Renaud Barnoin said in a statement: “We are committed to complying with all rules and regulations in the markets we operate in and the London 90-day rule is no different.

“We provide furnished and managed housing for short-, mid- and long-term rental needs, and our flexible lettings solution is designed for hosts to make the most of short lets and switch to medium and long lets when the 90-day limit is reached, opening housing stock to local demand.

“In a cosmopolitan city like London, there is always going to be a need for a range of housing and rental solutions.

“We were pleased to be one of the inaugural members of the All Party Parliamentary Group for Short Lets and are committed to continuing a dialogue with all parties to ensure the needs of a diverse housing and rental market are addressed,” he added.

Read more here

Join us in Madrid, November 12-15 for the Global Online Marketplaces Summit.

Property Portal Watch Madrid Summit 2019

June 15, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Developer Generic Background
Product Roundup: Hemnet, Green Acres, FazWaz, Property Sorted and Leboncoin

Here are the product and services updates we've spotted coming from real estate marketplaces around the world this week...  ...

Read More
Affordability Calculators 1 1
Affordability Fears Are Growing – Are Real Estate Portals Paying Attention?

Only around 40% of listings on Zillow are affordable. Or, to put it another way, only around 40% of properties...

Read More
People Roundup Hero Image 3 April 25 2
People on the Move Roundup: REW, ImmoScout24 and REA India

This week's roundup of real estate marketplace comings and goings features executives on the move in Canada, Germany and India......

Read More
Cooperrocketacq 3
Rocket to Acquire Mr Cooper Mortgage Service for $9.4 Billion

Rocket Companies has announced a $9.4 billion all-share deal to acquire Mr. Cooper, the largest mortgage servicer in the United...

Read More

Editor's Pick