As the Olympics get closer, many property owners in the London area may be contemplating letting their property on a short term basis. Full credit must go to @ddortongibson for the content of this article as he did all the research on this one.

This article is intended to be an explanation of a BBC news item explaining that planning permission is required for certain lets in London titled “2012 Olympic short term landlords ‘could face fines‘” and a subtitle of “Londoners hoping to rent out their homes during the Olympics are being warned they could be breaking the law and left facing a fine.

Here is an overview of the law which the BBC news item omits.
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