There are now
more and more people
choosing to holiday in the UK and they don't want to stay
in B&Bs, guesthouses or hotels. They want to go self
catering and because the weather can never be relied on
camping is out of the question. What is the answer? - self
catering holiday accommodation.
catering holiday homes in Britain have a lot to offer a
property investor compared to those abroad. Although in
2005 property value in the UK have not risen much and domestic
rentals are still not too buoyant, weekly rentals are generally
very good. You are not tied up with "tenants"
all the time if you don't want to be and the owner can stay
there from time to time.
people are taking more holidays in Britain, house price
in holiday areas have been doing well. The west country
has the highest property surge over the past ten years with
Truro in Cornwall coming top with a 272% rise.
the past five years other parts of Britain have seen a rise
as well, like Blackpool in the north west of England. If
prices don't rise (and remember your property is only actually
worth the amount stated when you physically sell it) then
naturally if you are buying, buy in an area that is popular
with holidaymakers. You need adequate living, sleeping and
washing space for the type of people you will want to rent
out to. Kitchens need to be well equipped always with a
washing machine, fridge freezer and if possible a dishwasher.
Your renters are on holiday and they won't want to spend
a week or two washing up!
should consider gardens as well, depending your market either
one just to sit in, have a few barbecues or a slightly larger
one if you are encouraging families. Don't forget, however
they have to be maintained and the visitors will not be
doing this for you!
you are borrowing money for this business, remember that
you cannot expect a 100% occupancy. Allow for void periods
- heating in the winter when it is empty and ongoing maintenance
and cleaning before the new visitors arrive. We have prepared
some tips for Holiday home owners Click
Here that should help. We also have another useful
page on this site on presenting a property Click
Here - this covers holiday lets and longer term
rentals, but the basics still apply.
you must market the property - There are many ways - Local
tourist office - advertising in local, daily and Sunday
newspaper, travel magazines, building your own website and
you will find the majority of these are expensive. One website
that is excellent value just £12.50 per year including
VAT is our associated self catering site. jmlvillas.com.
For more information click
luck running your own self catering holiday home business
to Travel Articles
for Holiday homes insurance in the UK Click on the Intasure