Following a three-month investigation into the details on some of Edinburgh’s registered c.4,000 short term lets (STLs), the Local Democracy Reporting Service has uncovered a group of holiday let ‘superlandlords’, including royalty and well-known business tycoons.
Several large property portfolios were owned through shell companies registered to tax havens and overseas countries, but while there is an effect on local housing stock, there is no suggestion any of those involved are acting improperly in owning or operating multiple short term lets in the city.