One of the first things in your holiday letting journey that you will need to decide is managed service...
If you are looking to invest in property as a holiday let, our guide to holiday letting your Cotswolds property can help you maximise your profits and minimise the hassle.
Whilst the thought of letting out your home may initially appear daunting, here at Character Cottages we will make it simple and enjoyable for you. Our job is to advise you on the things you are unsure about and to make sure that you get the financial returns you are seeking.
At Character Cottages we are very experienced in acquiring, establishing and operating holiday homes. We are often asked about some of the key practicalities of the process.
The benefits of appointing a holiday let agency like Character Cottages means the marketing of your property is all taken care of.
At Character we have a designated marketing team that feeds into our parent company. We have the latest tech and know-how within our team to market your property to its full potential.
Our systems are set up to maximise your property’s exposure. We work with sister booking companies like booking.com (amongst others) to fill in empty occupancy and get you bookings.
We have a unique pricing structure that’s market leading. You can be sure having us do this for you will save you time, admin and give you ultimate flexibility to enjoy the rewards of having a second home.
Managing the housekeeping and maintenance is a huge task for any property, especially a holiday let. You’ll likely have a mix of short breaks and long stays so you should factor in this and how it will fit in with your lifestyle. Having a holiday letting agency like Character manage this for you ensures less stress for you.
Our team of property managers and housekeepers have a high level of standard for our properties to abide to. You can rest assured that each check-in this is all taken care of resulting in excellent guest feedback.
When holiday letting a property it’s important to assess the property as an individual. It’s lovely to have statement pieces of furniture or artwork but consider the wear and tear of these.
Are you allowing children or pets to your property? As a standard it’s a great idea to provide a travel cot, high chair and a stairgate. For pets, a food bowl, pet towel, bed and also dog treats would be a nice touch.
Garden furniture is essential for outdoor spaces guests can use furthermore, if you have a bbq or firepit it can really enhance a guests’ stay.
If you are holiday letting your property you will need some compliance items. Firstly, you’ll need to supply:
There may be other items required depending on the property if it contains a swimming pool or open water for example.
Welcome packs are a lovely touch and a lasting first impression. You can also create a hamper or leave items on display for your guests.
Things like milk, biscuits, cake, tea bags, coffee and a loaf of bread are great things to include.
Similarly, it’s useful to include the Wi-Fi information, local attraction leaflets, transport timetables, leisure hire, taxi and emergency contacts for your guests.
Most people have a secure key safe located at the property and issue the code on the day of check-in. If your holiday property is nearby to your own home or on site, you might like to personally greet your guests.
If your property is fully managed by a holiday let agency like Character Cottages, you can also opt for having the keys available for collection at the office. Equally, this does however, impose problems should your guests arrive outside of office hours.
Planning on holiday letting your property for more than 20 weeks (140 days) or more in a calendar year? You will be valued for business rates as you’ll be classed as self-catering accommodation.
Find out how much council you will need to pay on a property in the Cotswolds, head to Gov UK.
If you are the new owner of a holiday home, or have a second home that you want to let out to earn additional income, we can help you maximise your profits.
Each holiday home and each owner is individual. We believe that there is no “one size fits all” solution.
In order to maximise your profits, we will work with you on a one-to-one basis.
Furthermore, we will carefully evaluate to ensure that your holiday home is a success.
Call us today on 01451 600 844 or email us at firstname.lastname@example.org.