Changing to Long Term Holiday Lets in Winter
Many tourist destinations in the UK have a limited letting season which means winter bookings may be difficult to achieve, or you may have to offer heavy discounts to entice bookings.
Rather than let for low returns or leave their holiday cottage standing empty during the winter, many of our holiday rental owners switch from short term holiday letting to long term cottage rentals in the winter months. This means cottages won’t be left empty for prolonged periods and owners receive a steady income.
Our holiday homes insurance can accommodate owners who wish to change to long term holiday lets. All you have to do is notify us and we will change cover to our let property insurance. The cover is the same, except we exclude legal expenses cover and accidental damage to contents (the landlord should take a bond).
When changing from holiday letting to long term lets make sure you account for increased wear and tear and the increase in heating/electric bills in your pricing. Alternatively, charge for these separately.
To help you maximise the opportunity of finding a tenant for the winter, the lettingaproperty.com blog has some tips on letting a property in winter which you may find useful.