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Many holiday lets can attract a longer / extended stay booking during the winter months - those between house sales...insurance temporary accommodation....building works....returning expats....retired couples or remote workers looking for extended stay properties.
This can be an attractive option in low season to boost your rental income. A rent is offered that is fully inclusive of utility costs, but laundry and cleaning costs do not need to be factored in unless negotiated separately.
An extended winter stay not only makes financial sense but also keeps your holiday let secure and warm over the low season months.
Holiday let agreements are factually only for the purpose of a holiday and we would recommend to a maximum stay of up to 3 months . So if you are looking to accept a longer winter holiday stay for less than 3 months, you may be able to offer the booker a standard holiday let agreement on discounted terms.
Potential occupiers who are not on holiday and do not have a permanent & main home elsewhere should legally be offered a Flexi-Let Break Clause Tenancy Agreement to a maximum of up to 5 months.
It is imperative however that property owners set up a tenancy agreement to fully comply with current letting legislation, Landlord Direct is here to help with the process.
A flexi-let offers cost benefits to both the landlord and guests.
The guests wish to secure a rental for months rather than just a week or two, but do not want to commit to a longer term tenancy, nor does the guest wish to pay the higher cost of a fully serviced holiday let property.
The landlord can achieve a higher rental overall in lower holiday let seasons, inclusive utility charges are capped within our agreements to a fixed fair usage amount.
A tenancy deposit can be taken in the normal way. Email us for more info.
If the total of all lettings that exceed 31 continuous days is more than 155 days during the year, then your property will not continue to be a Furnished Holiday Let for that year, so we would suggest longer stays of only up to 3 months ( 90 days) thus leaving you a further leeway of 65 days for your own use & maintenance periods.
Your property must be available for letting as furnished holiday accommodation letting for at least 210 days in the year, ( the creation of a six month tenancy would compromise this regulation)
Don’t count any days when you’re staying in the property. HM Revenue and Customs (HMRC) don’t consider the property to be available for letting while you’re staying there.
You must let the property commercially as furnished holiday accommodation to the public for at least 105 days in the year.
Don’t count any days when you let the property to friends or relatives at zero or reduced rates as this isn’t a commercial let.
Don’t count longer-term lets of more than 31 days, unless the 31 days is exceeded because something unforeseen happens. For example, if the holidaymaker either:
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Experienced short stay and holiday let agent , with flexible and cost effective support services for your property. We understand how to complement your existing short stay business, and we build up excellent working relationships with our clients.
Short 3 night lets are expensive to clean, launder and heat especially in the winter months, October to March. There is a growing number of holiday let properties being offered on monthly ' winter stays' inclusive of utility costs but not including weekly cleans and laundry, thus allowing for a lower tariff to be offered. Legally your Furnished Holiday Let status is not compromised, and our booking agreements cater for these longer stays, including capped utility costs.