| Who's
Been Sleeping in My Bed – The Problems of Sharing Your Holiday Home with Paying
Guests By Philip Suter
of jml Property Services If
you are a holiday home owner, you might choose to let it out to produce additional
revenue, or of you a lot of financial responsibilities like a mortgage, might
not have a choice. If you do let remeber that you have now started a business
- a business in your own home. Naturally
if you only visit the property a few times of a year you should employ a local
agent (or very reliable friend or family member) to look after your interests. A
smooth running operation will mean that your paying guests will be checked in
and out and provided you or the agent holds a
damage deposit (and
if you don’t you are taking a very high risk) any damages can be paid for. You
can of course walk in and find that you have “new works of art on your living
room walls” as a result of small guests exercising their drawing skills and you
have to organise re-decoration yourself. The
problem of course is that although the property is your property, it is rather
like letting strangers (or even friends) have the use of your own main home. Your
possessions will get moved – You might find your kitchen cupboards are all re-arranged.
You won’t be able to keep the beds made up, your clothes in the wardrobe or your
prize cd collection out. Other
inconveniences are that you either have to unplug all the telephones and computers
or just get the phone lines put in suspense as otherwise you could have some rather
large phone bills and no come back. When
you leave, unless you want to risk loosing your alcohol and food, you have to
lock it away. Guests don’t normally intentionally use up something in a holiday
home rental house’s kitchen, however how are they to know it was not something
left over from the last paying guest! Storage
cupboard with lock:
ideally you the property owner should have a secure cupboard or room where you
can keep your own possessions. You at least know they won’t be touched by anyone
than yourself. The drawback is that every time you come and go you have to get
things out and put then away when you leave. As time goes by the average house
owner collects more and more possessions that they don’t want to “expose” to their
visitors so the problems of settling in (and moving out) get worse. To
avoid these problems you can of course stop letting the property out, know that
the remote control for the television and DVD player are where you left them,
but there again you wouldn’t benefit from that additional income, knowing the
property was being aired (particularly in winter) and paying the tax authorities
tax on your rental profits! Good
luck with your holiday vacation rentals and enjoy your holiday home with or without
paying guests. Philip
Suter is a Director of jml Property Services; http://www.jmlproperty.co.uk
a UK based company offering Insurance products
on line at http://www.jml-property-insurance.co.uk
and a holiday home advertising service http://www.jmlvillas.com
and management training within the UK.
He a travel writer and is a very experienced property consultant
with over 30 years work in the Residential letting business in the UK and served
on the National Council of ARLA. He is a Fellow of the National Association of
Estate Agents (NAEA) and a Member of The association of Residential Letting Agents
(ARLA)
©Philip
Suter jml Property Services June 2006 See
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