Holiday Home Owner Advice & Useful Hints

Purchasing the right property

• Purchase a property that is easy to locate – statistics suggest that most customers would like to rent a cottage or somewhere by the sea
  
• Calculate the length of your holiday season, could be all year round or seasonal as this will affect your rental income. Allow to make special offers and last minute discounts
  
• Purchasing a property that has its own unique selling points will attract more customers
  
• Look at rental prices of similar properties in the area in order to calculate how much rental income you can realistically expect to achieve
  
• Identify your market, will it be couples, groups or families with children

Legalities

• Make sure that you have building and contents insurance in place for holiday letting and that you have adhered to any insurance provider requirements
  
• Check that you are allowed to let your property with your mortgage company and the freeholder of any leasehold property before purchasing it
  
• Income from holiday rental property is subject to income tax within the UK and abroad and a self-assessment form should be sought from the Inland Revenue.

Photographs

• Photographs sell your property so try to take really good ones and keep the pictures up-to-date periodically

Those Little Extras

The more comfortable you make your holiday occupiers the more likely they are to recommend your accommodation to their friends and family, and the more likely they are to return year on year.

 

The owners of holi-lets.com have found through experience that the following points make for happy

 and contented customers, and the cost can be built-in:

 

Welcome pack

 

Tea, coffee, sugar, biscuits, milk, bottle of white wine, flowers/plant (real/dried)

 

No extra charges for:

 

Linen, gas, electric, water, pets, security deposit, cot, highchair, heating of swimming pools

 

Extra equipment

 

Dishwasher, disposable bbq, television in all bedrooms
Basic Christmas tree and decorations at Christmas

Star Ratings

After holiday occupiers have returned home, holi-lets.com sends a feedback email to the holiday customer requesting that they take a few minutes of their time to rate your holiday property on a 1-5 rating basis, (1 being excellent and 5 being very poor).

 

This star rating is then built up and can be found on the property description page for each individual property on the site

Disclaimer

holi-lets.com has provided these guidelines to help owners in the letting of their holiday home, however holi-lets.com takes no responsibility for the accuracy of the information or the consequences of any action arising from the information. All owners should make their own enquiries with regard to Statutory Regulations & Health & Safety requirements as set down by the country in which they are letting their property.