Great article by Money Wise with contributions from our friends at Property Tribes.

http://www.moneywise.co.uk/home-mortgage/letting/why-holiday-homes-are-the-new-buy-to-let

Extract:

If you’d prefer to use an agency, there are lots of companies that will take over management of your property for a commission of about 20% to 30%. While that may sound steep compared to the DIY options, many holiday let owners feel they couldn’t achieve the same level of bookings without agencies.

“If you find the right agent, they are worth their weight in gold,” says Adam Walsh. “Unless you are living within five minutes of your property I would think you would have to have it fully managed. Ours are a long way from us, so it would be unrealistic for us to manage those properties.”

While our fees are not even near the 30% mark we have to agree with Adam!

We deal with a number of investors who take advantage of the tax and financial advantages of Holiday Lets over traditional property investments. Even if you don’t have enough to invest alone we have a number of investors and mechanisms to help people take advantage of holiday lets in and around Bath.

For more information on how we can help your money work harder for you, get in touch:

Please contact us on 01225 571234 or e-mail