Short-term Lets: the pros and cons

To summarise:
1. Short-term lets open up a potentially lucrative market for property owners with higher rental yields compared to long-term rentals
2. Short-term lets also offer greater flexibility to extend tenancy contracts
3. However, there are some restrictions and property owners need to find out whether they can rent out their property short-term
4. Mortgage interest rates tend to be higher with short-term lets
5. Insurance is essential to cover potential losses or damage within the property

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