"How to Buy And Let a Holiday Cottage" by Allison Lee

If you're interested in buying a holiday home for your own use and as an investment, this book will provide you with a step-by-step guide. This book can only be read as a guide because, of course, everyone's circumstances and financial position will be unique to them. Updates are made frequently with regard to tax and other financial aspects of owning and letting a property, and you should keep this in mind if you are intending to venture into the letting business.



Buying an investment home has been a dream come true for me. Make no mistake - it has been hard work and at times I have wondered if it has been worth the effort and financial outlay but, all things considered, I would recommend buying to let to any other ambitious person with money to invest. It is important that you choose wisely; do your homework and find a sound property in the right location. Be prepared to put in some hard work preparing your property for letting and keeping up with the daily running of your investment. By taking your time and considering your options carefully, buying to let should provide you with an exciting opportunity and a viable financial asset. Remember, you are in control of your letting business. Only you can decide if buying a property to let as a holiday home is a viable option for your own personal circumstances. There is no room for complacency in the property market and it is paramount that you seek professional advice relevant to your own personal circumstances. Always remember, although property is often seen as a sound investment prices can - and sometimes do - go down as well as up!

It will show you how to:
• source the right property for income and capital growth;
• prepare your property for letting; take your property to market;
• get the best from agents if you decide to use one;
• take bookings and deal with cancellations;
• manage the maintenance and cleaning; receive guests and secure repeat business;
• manage the finances and make a profit.

TOC
Chapter 1 The Property Ladder
Chapter 2 Location
Chapter 3 Preparing Your Property
Chapter 4 A Look At The Rooms On Offer
Chapter 5 Marketing
Chapter 6 Bookings
Chapter 7 Maintenance
Chapters Receiving Guests
Chapter 9 Inventories and Check Lists
Chapter 10 The Financial Aspect
Useful addresses and websites