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