Holiday Lettings - What you need to know!

Holiday lettings can be a really attractive way of increasing your property income. You can often let short term for more money than you would be able to acheive on a standard letting arrangement, there is less prescribed paperwork and there are different tax measures for short-term lettings.

We have seen in the last two years ‘stay-cations’ becoming increasingly popular due to the pandemic, and we have seen the market for people looking to get into this new area of property investment grow.

Properties in tourist towns such as Bournemouth, Poole and Christchurch can look even more attractive due to their location, but there can be plenty of pitfalls, and landlords need to be aware of the potential problems that they can face especially if they don’t have various permissions to let their property in this way. This can be from mortgage firms, insurance companies, and the property lease itself.

To find out more, we spoke to Will Bartley of Frettens Solicitors…….