Why let your home?
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Why do you own a holiday home in Cornwall? Probably because you love the beautiful countryside and spectacular beaches - it is a fantastic place to unwind and put your feet up. Letting your home to holiday makers means that others can enjoy it as well, and you can make some money out of it!
There are various tax reliefs available that may help you take advantage of more efficient tax management. Because holiday letting can be considered a business, depending on your circumstances, expenses can be offset against income tax.
Good quality holiday homes in the right position have proven to let very well in Cornwall and can generate considerable income.
Make your second home work for you! Income from holiday letting can pay for the various utility bills, council tax and general upkeep of your property.
One of the great advantages of letting your home for holidays is that you can use the property as you intended, an escape from the rat race for your own relaxation. You can use your property for 4 weeks during the season (Easter to end October), 2 of those in the high season, and any time out of this period.
Your second home should be there for you to use, but leaving it sitting empty can invite unwanted guests. Holiday makers are generally very respectful of holiday homes and will deter those who might not be so respectful.