PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Purchasing a holiday home for let

2»

Comments

  • Owleyes00 said:
    Cabins and static caravans typically depreciate in value. Better to do as the pp suggests and buy a proper house although be aware that you will be contributing to the dire housing situation in Devon and Cornwall which is pricing locals out of the market so it might not be the most ethical purchase you could make.

    Or even anywhere these days.

    Might not be welcomed by locals either. 
  • Ramouth
    Ramouth Posts: 672 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    There are some purpose built holiday apartments and houses around in Cornwall which would might suit you requirements.  They have limited occupation (I.e. 10 months a year) so are a bit cheaper than a real house and you would not be depriving a local from a home.

    I.e.
    https://www.rightmove.co.uk/properties/112071347#/?channel=RES_BUY

    Please don’t buy a normal house and use it as a holiday let.
  • collinsca
    collinsca Posts: 203 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Ramouth said:
    There are some purpose built holiday apartments and houses around in Cornwall which would might suit you requirements.  They have limited occupation (I.e. 10 months a year) so are a bit cheaper than a real house and you would not be depriving a local from a home.

    I.e.
    https://www.rightmove.co.uk/properties/112071347#/?channel=RES_BUY

    Please don’t buy a normal house and use it as a holiday let.
    Super, Thank you. this is exactly the sort of thing we are after.  How did you search for this, so i can search for more...

    We wont be buying a normal house.
  • Ramouth
    Ramouth Posts: 672 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    I sorted available properties in our area by price, cheapest first and looked for those that are cheaper than they would be if they were proper houses.  It helps if you have a feel for the area.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.