Looking to sell your holiday home after years of hosting paying guests? Whether you are selling a family home or retiring from letting a holiday home, we are here to help.
We understand that selling your holiday home is a big decision for you.
We will buy any brick-and-mortar holiday home – whether it is a house, an apartment, a bungalow, or a cottage.
Sadly, we can’t help you if you own a park home, a lodge, or a static caravan. This is because your lease will require you to sell the property directly to the freeholder or sell via them.
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Ready To Sell Your Holiday Home?
Running a holiday home can be a tough business, with laundry being one of your biggest bills after a mortgage. The property will also require higher maintenance than a home due to the high turnover of guests.
By the time you paid an agent, a cleaner, a laundrette, a window cleaner, commercial waste collection and replaced items such as stained towels, scratched frying pans and broken glasses – it leaves very little profit.
Putting your property up for sale during the busiest trading period can also be tricky. How will any potential buyers be able to view when guests are in? You can show around in winter months, but with a lower demand, the buyers may not be so keen.
If you have inherited a property and thinking about whether to sell it or rent it, then you may wish to consider these points:
- What sort of landlord do you wish to be? Are you a hands-on landlord or one who will appoint a letting agent?
- How good is your managing agent? Are they proactive in resolving maintenance and repair issues?
- If it is a jointly owned property with other siblings as beneficiaries, who will be responsible for receiving the calls from guests or the managing agent when the boiler breaks down? Who will be paying for it? Do you have contingency funds of up to £4,000 to pay for it?
- What if other siblings face financial hardship or a divorce and must sell? There are so many reasons why this could go wrong and ruin any relationship. Never do business with friends or family.
Do you need an EPC to sell a holiday let?
Yes whether you are looking to sell a residential holiday let or a commercial building such as bed-and-breakfast or a hotel, you will need an EPC certificate.
Can You Sell a Holiday Home?
Yes, you can sell your holiday let for cash if you want to retire or need a quick sale. A cash offer means you can quickly exchange contracts and agree on a completion date (usually within 10 days) or at a timescale that suits you.
This is where Property Saviour can help you. As a genuine cash buyer, we can make you a cash offer, cover your legal fees and complete the purchase in 2-3 weeks.
The best part? You can sell the property as it is – with no need for renovations.
Key information we need if you are thinking about selling your holiday let:
- How much is rental income per year?
- When is your main season?
- Do you have any repeat guests that return each year?
- Where do your bookings come from? How much are you paying in commissions?
- Do you offer any discounts or special offers during the quieter months?
- Have you ever made any insurance claims?
Property Saviour Price Promise
- The price we’ll offer is the price that you will receive with no hidden deductions.
- Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
- These valuations or surveys result in delays and price reductions later on.
- We are cash buyers. There are no surveys.
- We always provide proof of funds with every formal offer issued.
We'll Pay £1,500 Towards Your Legal Fees
- No long exclusivity agreement to sign because we are the buyers.
- You are welcome to use your own solicitor.
- If you don’t have one, we can ask our solicitors for recommendations.
- We share our solicitor’s details and issue a Memorandum of Sale.
Sell With Certainty & Speed
- Our approach is transparent and ethical, which is why sellers trust us.
- 100% Discretion guaranteed.
- If you have another buyer, you can put us in a contracts race to see who completes first.
- Complete in 10 days or at a timescale that works for you. You are in control.
