The question of whether or not to ask your holiday home customers for a security deposit is commonly debated....
A well-managed holiday home can provide a low risk return on investment and provide you with a beautiful country retreat.
If you are considering making such an investment, read our guide below.
The risks associated with buying a holiday home are generally similar to those associated with buying any other home.
We can provide advice on suitable processes and insurance policies to mitigate these risks.
There are obviously many things to consider when buying a holiday home. However, from the perspective of making a good investment, there are a few key things to think about.
There is no absolute right or a wrong answer as to what makes a perfect holiday home. Different properties in different locations will appeal to different people.
However, there are a lot of things to think about in order to maximise your investment returns.
We have lots of experience of the holiday home market and can help ensure that the decisions you make are the right ones for you.
For a long time, there has been confusion and poor understanding about the availability of holiday let finance for cottages.
Many traditional brokers are unclear about the differences between business loans, holiday let finance, and buy to let mortgages.
Property owners are often told, wrongly, that holiday let mortgages are only available as an expensive form of commercial finance which must be repaid under normal banking terms, like a 5 year repayment loan at 6% per annum.
Character Cottages has secured a relationship with Holiday Cottage Mortgages. HCM are a specialist online mortgage broker created specifically to help existing and new holiday let property owners secure affordable mortgage finance on their prized holiday homes.
Founded by holiday letting experts, HCM brings together a broad and deep understanding of the holiday letting industry.
At Character Cottages, we specialise in letting luxury holiday homes, with the objective of maximising each owner’s profit. Further details on how we can help you are provided in the Let Your Cottage section, or call us on 01451 600844.