Getting to know your holiday home area07 August 2012
If you are thinking of buying property near your main home to rent it out as furnished holiday lettings, or if you are thinking of converting some of your existing property or outbuildings for the purpose, then it is likely that you already know the area pretty well. In any case, you will also need to think about getting holiday property insurance to protect your new holiday home.
Factors to consider in relation to your holiday home
If you are thinking of buying property near your main home to rent it out as furnished holiday lettings, or if you are thinking of converting some of your existing property or outbuildings for the purpose, then it is likely that you already know the area pretty well. If you are planning on buying a new holiday home in an area away from you main residence, then you may not be so familiar and might need to do some research to familiarise yourself with your new surroundings. In any case, you will also need to think about getting holiday property insurance to protect your new holiday home.
There are a number of things you will want to investigate when scouting potential locations for your new holiday home, as the location can make or break a successful holiday let. You need to think about the aesthetics of a property's setting, as well as the proximity of local amenities and tourist attractions. Making sure your property is close enough to the shops or local nightlife is a start, but choosing a destination close to the beach or other natural beauty spot can help you best capitalise on the benefits of the area. Holiday home insurance is a must have, no matter which location you choose.
The location isn't the only thing you need to familiarise yourself with when you enter a new area, especially if you are planning to launch a furnished holiday letting business. Businesses need to be run with care, and if your property is some distance away from your main home then you may not be able to give it all the attention it needs in person. This means that you will need to source good local cleaning services and possibly property management. Having your property properly supervised may also have a positive effect on your holiday home insurance.
When you approach estate agents in your search for property, it can be helpful to ask their advice about local tradesmen. Asking other owners of holiday property in the area might also be of help, and advertising for cleaners or caretakers in local shops and post offices can be useful too. When taking on staff it is important to interview candidates in person and to seek references, especially if they will be responsible for the property in your absence. When employing people, it is vital that you check up on your obligations and responsibilities as an employer. It is also wise to check if you will need additional insurance, on top of your holiday house insurance.
It can be hard to get adequate holiday property insurance from a standard insurance provider, as most do not understand the risk associated with holiday home ownership and will either incorrectly estimate your cover or refuse to offer it at all. This is not the case with HomeProtect. With homeprotect you can get a competitive online quote for holiday house insurance, no matter what type of property you have or how you will be using it. As long as it is on fixed foundations within the UK, HomeProtect can offer you the cover you need at the right price.
Find our about some fantastic additional services
Our lost keys cover provides up to £1,500 cover
for locksmiths charges, new locks & keys, car hire and onward
transport costs following the loss of your keys.
Contents insurance to protect your possessions
Contents insurance protects the things you own. If you had a burglary and things were taken or you suffered a fire or flood, your contents insurance would pay to help you replace your lost or damaged belongings. HomeProtect can provide the contents insurance you need to cover your possessions in your holiday home.
Buildings insurance to cover the fabric of your holiday home
Buildings insurance is household insurance that will cover the fabric of your holiday home. Buildings insurance would pay to rebuild your property should you have a fire or would pay for repairs if your property was damaged by a falling tree for example. Whether your holiday home is a bungalow, a three story town house or any other building, trust HomeProtect to provide the buildings insurance you need.