Landlord Voice Magazine August 2015 - Hull | Page 16
Porthmeor Beach - St Ives - Cornwall
INVESTING IN A
HOLIDAY
HOME
R
enting out a holiday home can
be a good way of making a
little extra income while you
are not using it yourself or even as a
commercial enterprise if the location
supports enough trade.
Or if you are a landlord with tenants on assured shorthold
tenancy agreements, it can provide you with precious income
during periods of unoccupancy.
But, whether you are running a fully fledged business or just
recouping some cash where you can, property owners should be
aware that a normal home insurance policy will not cover the
extra risks associated with holiday lets, so Simple Insurance has
produced a guide to holiday homes insurance with the help of
Oasis Property Insurance director, Nigel Attwood.
Renting out a second home
It is more than