Does Airbnb violate your mortgage?

Lunchbox

See this page from the Leasehold advisory service; https://www.lease-advice.org/article/airbnb-leaseholders-be-aware-4/

Your main issues are going to be your lease and the buildings insurance. There is legal precedent for Airbnb type lettings breaching a clause in the lease referring to only being used as a ‘private residence’, so you need to check this.

Most buildings insurance policies for blocks of flats (and also leases) state that if a property is to be let as a while, it must be as an assured shorthold tenancy and specify a minimum period. Many mortgage lenders also require this.

Is the flat in London? If so you also need to look at the planning permission issue relating to letting out a property short term for more than 90 days in a year.

You say that many properties listed have similar arrangements and that this looks positive, but on the other side of the coin, there are increasing numbers of stories about freeholders, local authorities and mortgage lenders taking action for breaches of lease or planning laws.