Holiday let owners
Holiday let owners see a significant drop in booking this year.
With reduced bookings and interest rates and fuel costs still high, is it time your holiday let gave you a more secure return on your investment?
Holiday let owners are seeing a significant drop in bookings this year with holiday makers waiting for last minute bargains on their 2024 staycations.
The sector is feeling the effects of the cost-of-living crisis, unpredictable weather and an increasingly saturated market.
According to AirDNA, which tracks listings on sites such as AirBNB, short term holiday lets increased by 19% in the first quarter of the year.
Is it time to make the change?
At South Lakes Lettings, we specialise in providing relocation services and short term lets to contractors and employees of BAE Systems in Barrow-in-Furness.
As trusted partners of the NHS we also provide this service for staff at Furness General Hospital, which means there is always a demand for high quality properties in Barrow-in-Furness, Dalton-in-Furness, Ulverston and right across the Furness Peninsula.
Trusted by landlords across the county, we can help you to make the transition from holiday let to short term contractor let, finding you tenants from BAE and the NHS coming to work in Barrow-in-Furness/
The return on your investment may be lower than holiday let revenue, but with less time and money required to promote your holiday let, last minute cancellations, and periods where your property is empty, the regular monthly income from relocation rental is an attractive proposition.
Why not get in touch to arrange to speak with one of our experts?