You can also determine long-term availability if you intend to leave your property for a while, such as going abroad. You can even set variations for both, allowing you to charge more on the weekends or during school holidays. Once your listing is live, you’ll also be able to set the availability and pricing. Hosts can set up their listing, choosing to let an entire property or a room in a shared home. How do you start an Airbnb business in the UK?Īirbnb hosting tips to help you succeed How does Airbnb work?Īirbnb is an app and online platform that connects Hosts to guests, with all bookings handled through their own system. If you’re considering becoming an Airbnb host, find out the steps you need to take below. The UK’s tax legislation even supports this idea of ‘side income’ – with ‘rent-a-room-relief’ allowing Hosts to earn up to £7,500 per year tax-free (or £3,750 if shared with another homeowner). It is fair to say that hosting an Airbnb is an ideal way to generate side income.

There are, of course, much higher rates of earning for full-time Hosts and lower rates for those renting out their spare room infrequently. On average, Hosts earned £3,300 per year. In 2018, the last date that Airbnb released open figures about UK listings, around 8.4 million guests booked a stay at an Airbnb. What began in the US as a side hustle is now a very popular pursuit among UK homeowners. More and more people are considering setting up Airbnb hosting businesses than ever before. Making income from being an Airbnb host in the UK has grown in popularity over recent years too. However, there are more ways to monetise property than just buying, selling or becoming a landlord in the housing market. In the UK, property investment is rising, and first-time buying is at an all-time high.

Starting a airbnb