Thinking of Letting Your Property?
Letting your property with North Devon Holiday Cottages
Letting your property in Devon or Cornwall as a holiday let is a great way to make it work harder for you. And we can make it work even harder. We can market your property for you, help you prepare it for letting, take and manage your bookings and even help you with maintenance, housekeeping and day to day management.
Letting your property as a holiday cottage can also be highly rewarding personally. Owners who act as ‘hosts’ to visitors and get actively involved in letting their properties find that they really enjoy helping holiday makers to enjoy the best of our beautiful area. In turn they find that their hard work doesn’t go unnoticed: properties that are well loved and cared for will often see the same visitors return year after year.
Thinking about letting? Request an ‘Owner’s Pack’. Or get in touch with us on 01271 818150
Is letting viable as a business opportunity?
Devon and Cornwall are the UK’s favourite holiday destinations, so there will always be a demand for high quality holiday accommodation.
With our many years of experience we will be able to advise you about the viability of letting your property. Projected income will depend on the size, location and facilities offered by the property and any tax and benefits will depend on your individual circumstances about which we would always suggest you seek professional advice.
Looking at similar properties on our website or in our brochure will give you some idea about the level of pricing you may expect for your property. You’ll notice that prices differ during the year, with school holidays and high season offering the most earning potential. Each property is graded according to their size, location, equipment, furnishings and market demand. If you decide to get in touch with us we’ll be able to give you a much clearer idea of the letting potential once we’ve had a chance to visit.
Taking bookings and making payments
We use an ‘industry-leading’ booking system called 'Tabs' which works in conjunction with our online booking system. Payments are made to owners at the end of each month for bookings commencing during that month. In addition you will receive a monthly statement which details your income for the current year and shows future bookings. We also produce an annual statement to help in the completion of your Tax Return.
Protecting you from cancellations
We run a Cancellation Protection Scheme for all our homeowners. The cost of this is included in the advertised cost of all our cottage holidays and means that you are guaranteed 100% of the owner rate for any cancelled booking as long as we have the opportunity to try to rebook the property. Once a customer has paid their initial deposit they are protected by CPS provided the reason they give for cancellation is one of those stated in our brochure. The scheme is self-funded and we bear the risk ourselves. To cover this we deduct the CPS fee from the brochure price before we calculate our commission. The CPS is not insurance and we do not have a company that underwrites this risk but it does protect owners and gives visitors confidence in booking.