Where to get a holiday home07 August 2012
As the property market continues to remain relatively static, now might be a good opportunity to source a bargain price on your dream holiday home. Above all, when you make your purchase, you need to make certain that you have adequate holiday house insurance.
Where to get a holiday home
How to select your perfect holiday home
As the property market continues to remain relatively static, now might be a good opportunity to source a bargain price on your dream holiday home. This said, it is important that you don't sacrifice your ability to turn a profit in the future for the sake of a bargain today. When entering into a property investment, it is important that you consider your options carefully before making any big decisions. Think about everything you want from your holiday home and make sure it ticks all your boxes before you sign on the dotted line. Above all, when you make your purchase, you need to make certain that you have adequate holiday house insurance.
Considering holiday home hotspots carefully can help you find the right area in which to buy, but you don't necessarily need to choose the established locations. An investment in a traditional hotspot is likely to prove a relatively safe one. Areas like Devon, Cornwall, the Lake District or the Cotswolds have proven themselves as popular locations for holiday makers over the years; but this consistency comes with a mark-up in pricing to reflect the safety of your investment. If you choose a premium priced property in a prime location, then it is of the utmost importance that you get the proper holiday house insurance.
There are a number of less consistent or newly emerging hotspots that might prove just as sound an investment over time but, because they haven't had the time-testing that other areas have, you are more likely to find a more practical price to push your budget even further. Areas like the Peak District, Yorkshire or Northumberland can be just as profitable as locations for holiday homes, especially if you find a good property in the right location. Wherever you decide to buy, it is vital that you take the proper precautions and obtain holiday property insurance.
Getting to know your market
Knowing your market can mean more when making your investment than anything else, when opening a furnished holiday let to guests. There is no point gearing your property toward surfers, for instance, if you are nowhere near a decent surfing beach. If you are looking to attract families, then you need a home with plenty of space and it needs to be close to family friendly activities and attractions. Also, family properties will usually benefit from having bigger gardens and ample off-road parking, as well as space for indoor family entertainments. Whoever you hope to attract to your holiday home, you will need to have holiday property insurance in place.
It can be tough finding a reasonable quote for comprehensive holiday home insurance from standard insurance providers. Because standard insurers lack the specialist knowledge to effectively evaluate the risk associated with holiday property, they are more likely to quote too high (in order to protect their own interests), offer insufficient cover or simply refuse to quote you at all. This is not the case with HomeProtect. With HomeProtect, as long as your holiday property is inside the UK and built on fixed foundations, you can get a competitive quote for holiday home insurance conveniently online.
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.
Home Emergency cover offers an emergency assistance telephone helpline 24 hrs a day, and covers the cost up to £300 per case to repair a whole range of emergency situations that might happen at your holiday home.
Legal Expenses cover provides a legal helpline to assist you with any personal legal matter during the term of your insurance policy.
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.