{"id":26100,"date":"2025-03-13T12:30:03","date_gmt":"2025-03-13T12:30:03","guid":{"rendered":"https:\/\/www.coastandcountry.co.uk\/blog\/?p=26100"},"modified":"2026-02-12T12:24:45","modified_gmt":"2026-02-12T12:24:45","slug":"cost-of-running-a-holiday-let","status":"publish","type":"post","link":"https:\/\/www.coastandcountry.co.uk\/blog\/cost-of-running-a-holiday-let","title":{"rendered":"What are the costs of running a holiday let?"},"content":{"rendered":"<p><span style=\"color: #008080;\"><strong>Owning a holiday cottage and letting it out can be a financially rewarding venture. <\/strong><\/span><strong><span style=\"color: #008080;\"><strong>This guide provides you with the information to help draw up a budget and work out your holiday let running costs, to help you achieve the best possible return from your property.<\/strong><\/span><\/strong><\/p>\n<p>Here at Coast &amp; Country Cottages, we have over 20 years of experience in <a href=\"https:\/\/www.coastandcountry.co.uk\/holiday-let-services-devon.html\">marketing and managing\u00a0holiday cottages in South Devon<\/a>, so our knowledgeable team can offer advice on all aspects of letting, including\u00a0the costs of running a holiday let.<\/p>\n<p>To find out more about letting your holiday home with Coast &amp; Country Cottages and get further expert advice, request a free Owner Guide today!<\/p>\n<p style=\"font-weight: 400;\"><a class=\"in-copy-button\" href=\"#OG\" rel=\"noopener noreferrer\">Request your free Owner Guide<\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-33697 size-full\" src=\"https:\/\/www.coastandcountry.co.uk\/blog\/wp-content\/uploads\/sites\/6\/2023\/01\/Holiday-let-costs.jpg\" alt=\"Running a holiday let \" width=\"640\" height=\"427\" \/><\/p>\n<hr \/>\n<h2>Costs of running a holiday let<\/h2>\n<p>Read our complete blog for the top nine costs of running a holiday let, or use the quick links below to find out about a particular topic:<\/p>\n<ul>\n<li><a href=\"#changeover\">Holiday let changeover costs<\/a><\/li>\n<li><a href=\"#utilities\">Utilities and subscription fees to consider<\/a><\/li>\n<li><a href=\"#maintenance\">Property maintenance and gardening<\/a><\/li>\n<li><a href=\"#decor\">Holiday home d\u00e9cor and furniture<\/a><\/li>\n<li><a href=\"#fees\">Holiday let agency fees<\/a><\/li>\n<li><a href=\"#insurance\">Holiday let insurance<\/a><\/li>\n<li><a href=\"#council\">Council Tax and Business Rates for Holiday Lets<\/a><\/li>\n<li><a href=\"#accounting\">Accounting\/bookkeeping<\/a><\/li>\n<li><a href=\"#safety\">Annual holiday home safety checks<\/a><\/li>\n<\/ul>\n<hr \/>\n<h2 id=\"changeover\">1. Holiday let changeover costs<\/h2>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-33694\" src=\"https:\/\/www.coastandcountry.co.uk\/blog\/wp-content\/uploads\/sites\/6\/2023\/01\/Holiday-let-costs-1.jpg\" alt=\"Devon Holiday Cottage\" width=\"640\" height=\"427\" \/><\/p>\n<ul>\n<li>Cleaning costs<\/li>\n<li>Laundry and linen<\/li>\n<li>Welcome packs<\/li>\n<\/ul>\n<h3>How much do holiday let cleaners charge?<\/h3>\n<p>Having a clean and tidy property is paramount to the success of your holiday let. Cleanliness of a holiday cottage is one of the first things guests look for and it has a huge influence on first impressions.<\/p>\n<p>The costs of running a holiday let will vary according to the size and location of your property. Whether you use a professional company or choose to clean the property yourself will also have an impact on costs. It is also important to factor in \u2018spring\/deep cleans\u2019 at the beginning of a busy season, and during the quieter time after you\u2019ve had a lot of bookings.<\/p>\n<p>To make letting as easy as possible for our owners, we also offer a full agency <a href=\"https:\/\/www.coastandcountry.co.uk\/holiday-let-services-devon.html\">managed service.<\/a> This includes co-ordinating cleaning services, supplying and laundering bed linen and towels, operating changeovers, regular spot checks of the property, and arranging key collection.<\/p>\n<p>Read more about <a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-home-management-options\">choosing the right holiday home management service for you<\/a>.<\/p>\n<h3>Linen and laundry costs for holiday lets<\/h3>\n<p>Important costs of running a holiday let that cannot be overlooked are crisp, clean and high-quality linen. Purchasing and cleaning your own linen can be quite costly, although it can be offset against any profit made. The option of renting linen may prove to be an option which appeals.<\/p>\n<p>Coast &amp; Country Cottages\u2019 in-house laundry service, <a href=\"https:\/\/www.coastandcountry.co.uk\/travel-lite-salcombe.html\">Travel Lite<\/a> allows you peace of mind in knowing that all laundry is cleaned to a professional standard.<\/p>\n<p>Linen hire and laundering are priced at a simple cost per head depending on property size, enabling owners to easily calculate their outgoings per booking. Hiring linen means that you can avoid the initial cost of supplying multiple sets of bedding and towels, and the worry of replacing items that gets worn or damaged. Linen is regularly updated and of an excellent standard, meaning there are never any quality concerns.<\/p>\n<p>Our current <strong>costs for linen<\/strong>, which includes the hire of linen and towels are: <strong>A two bedroom<\/strong> property sleeping four guests costs <strong>\u00a362 per changeover<\/strong> for linen hire, and a three bedroom property sleeping six guests costs <strong>\u00a393<\/strong>. Our policy is to make up all beds prior to each booking, ensuring our properties are always presented to the highest standard.<\/p>\n<p>Read our blog on\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-home-cleaning-housekeeping-and-laundry\">cleaning, housekeeping and laundry<\/a>\u00a0for advice on how to prepare your holiday home for guests.<\/p>\n<h3>Welcome packs for holiday lets<\/h3>\n<p>Making your guests feel welcome and at home needn\u2019t take much money or effort.\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/guest-information-pack\">Welcome packs<\/a> are always well-received and appreciated. A pint of milk or a selection of local treats can add that personalised touch. While an additional expense, it is an important cost of running a holiday let. Happy guests will return and recommend your holiday home to others.<\/p>\n<p>In our experience, some property owners like to leave a small selection of tea and coffee, whilst others order a welcome hamper from a local company like\u00a0<a href=\"https:\/\/delimann.co.uk\/\">Delimann<\/a>\u00a0or\u00a0<a href=\"https:\/\/www.aunevalleymeat.co.uk\/\">Aune Valley Meat<\/a>.<\/p>\n<hr \/>\n<h2 id=\"utilities\">2. Utilities and subscription fees to consider<\/h2>\n<p>Here is a brief overview of monthly\/annual subscription fees to consider:<\/p>\n<ul>\n<li>Gas, electric and water<\/li>\n<li>Broadband<\/li>\n<li>TV license\/Netflix\/Sky<\/li>\n<li>Annual parking permit<\/li>\n<li>Holiday home waste collection<\/li>\n<\/ul>\n<h3>Holiday let utility bills<\/h3>\n<p>Every home, be it your own or a holiday let, will have bills. Running costs for utilities and additional provisions all need to be considered as guests expect a \u2018home from home\u2019. So, it\u2019s vital to factor in the price of water, electricity, gas and heating bills when working out the costs of running your holiday let. WiFi is now considered an essential feature in a holiday property so it\u2019s worth bearing this in mind when working out your budget.<\/p>\n<h3>TV License and entertainment subscriptions<\/h3>\n<p>If you have a TV on your property where guests can watch or record live TV, you will need to buy a license. Currently, the cost of a <strong>TV license is \u00a3159.00 per year<\/strong>.<\/p>\n<p>If you\u2019d like to provide entertainment subscriptions for guests, these are often run on a monthly basis. Average costs range from <strong>\u00a38.99 for Amazon Prime<\/strong>, basic ad-free <strong>Netflix subscription from \u00a312.99<\/strong> and <strong>Sky TV bundles start from approximately \u00a326 a month <\/strong>(subject to change).<\/p>\n<h3>Annual parking permits<\/h3>\n<p>If your property doesn\u2019t have parking, and dependent on your location, you may have to purchase an individual area business permit. Contact your local council for information\u00a0about the costs of parking permits in your local area.<\/p>\n<p>For holiday cottages in South Devon, parking permits can be purchased from the\u00a0<a href=\"https:\/\/www.southhams.gov.uk\/\">South Hams Council<\/a>\u00a0for an <strong>annual cost of \u00a31,620.00,<\/strong> dependent on the area your permit is valid. When the time comes for the permit to be renewed, it can be changed to an individual area business permit. Estimates of these costs are as follows:<\/p>\n<ul>\n<li>Totnes \u00a3615<\/li>\n<li>Kingsbridge \u00a3820<\/li>\n<li>Dartmouth \u00a31025<\/li>\n<li>Slapton and Torcross \u00a3820<\/li>\n<li>Salcombe \u00a3871<\/li>\n<\/ul>\n<p><em>(Prices subject to change, please see the local council\u2019s website for up-to-date information).<\/em><\/p>\n<h3>Holiday home waste collection<\/h3>\n<p>As your property is being run as a business, you need to pay for trade waste collection so that it is collected more frequently.<\/p>\n<p>Here in South Devon, prices start from as little as <a href=\"https:\/\/www.southhams.gov.uk\/waste-and-recycling\"><strong>\u00a38.05 per collection <\/strong><\/a>(plus bin rental), dependent on your location, property size and occupancy. Alternatively, you can opt for a private refuse collector who charge from<a href=\"https:\/\/www.holidayhomewastecollection.co.uk\/prices\/#:~:text=Prices%20start%20from%20%C2%A3400,applied%20back%20to%20that%20customer\"><strong> \u00a33.50 <\/strong><\/a>a bag (this can be out of any vestibule and can be collected on changeover day, so all guests arrive to empty bins). Please get in touch with our property experts and we can help you arrange this.<\/p>\n<hr \/>\n<h2 id=\"maintenance\">3. Holiday property maintenance and gardening<\/h2>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-33695\" src=\"https:\/\/www.coastandcountry.co.uk\/blog\/wp-content\/uploads\/sites\/6\/2023\/01\/Holiday-let-costs-2.jpg\" alt=\"Holiday let costs\" width=\"640\" height=\"427\" \/><\/p>\n<p>Here is a brief list of monthly\/annual costs to consider:<\/p>\n<ul>\n<li>Gardening \u2013 around <strong>\u00a315 \u2013 \u00a325 per hour<\/strong>, dependent on garden size<\/li>\n<li>Window cleaning \u2013 dependent on size and number of windows, standard costs start from around <strong>\u00a330 per clean<\/strong><\/li>\n<li>Unexpected costs \u2013Boiler repair, damage, appliances<\/li>\n<li>Annual maintenance and appliance servicing<\/li>\n<\/ul>\n<p>Keeping your holiday home well-presented and in tip-top shape is important. Regular maintenance and upkeep are essential costs of running a holiday let, it keeps the property running well and prevents major issues arising.<\/p>\n<p>Annual maintenance on not only the property, but appliances and fixtures is essential and prevents major repairs. But no matter how well your property is looked after, there are unavoidable and unforeseen costs that may occur throughout the year that will need to be factored in. Broken down boilers, appliances that fail and other maintenance issues could set you back financially unless you\u2019ve allowed for them in your budget.<\/p>\n<p>Properties with gardens and outside spaces require regular care and attention. We would recommend booking a gardener around once a month during the summer, and every three to four months over winter. Low maintenance gardens are always going to be a cost-effective option for owners.<\/p>\n<p>Read our blog on\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/optimise-holiday-homes-outdoor-living-space\">how to optimise your holiday home\u2019s outdoor living space<\/a>\u00a0for ideas.<\/p>\n<hr \/>\n<h2 id=\"decor\">4. Holiday home d\u00e9cor and furniture<\/h2>\n<p>The interior of a property is what makes a house a home. Stylish and comfortable furniture, as well as holiday home d\u00e9cor, are necessary expenses when considering the cost of running a holiday let. Regularly setting aside money to update and refresh the interior can be valuable as interior features tend to wear over time. Read our blog for <a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/how-to-furnish-a-holiday-let\">top tips on how to furnish your holiday let<\/a>.<\/p>\n<p>A useful addition\u00a0when furnishing your holiday let is providing a detailed <a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-let-inventory-checklist-owner-advice\">holiday let inventory checklist<\/a>. This ensures your property provides all the essential amenities guests need. It also allows you to keep track of household articles between rentals and over time, and budget accordingly.<\/p>\n<hr \/>\n<h2 id=\"fees\">5. Holiday let agency fees<\/h2>\n<p>Enlisting the help of a professional agency such as Coast &amp; Country Cottages to manage your holiday let will make your life easier. Benefit from years of expertise, local contacts, as well as national and regional marketing.<\/p>\n<p>We will charge an agreed, <strong>bespoke commission rate on your bookings<\/strong>, depending on the level of owner usage flexibility you require and the level of property management service you choose. Our experienced Property Consultants will be able to detail our commission once we&#8217;ve visited your property and understand the level of support you need.<\/p>\n<p>Owners also pay a small annual fee, which contributes towards continuing innovation in marketing, and ongoing services such as website hosting.<\/p>\n<p>For more information about services we provide, read our blog <a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/choosing-a-holiday-home-letting-agency\">choosing a holiday home letting agency in South Devon.<\/a><\/p>\n<hr \/>\n<h2 id=\"insurance\">6. Holiday let insurance<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-33698\" src=\"https:\/\/www.coastandcountry.co.uk\/blog\/wp-content\/uploads\/sites\/6\/2023\/01\/Holiday-let-costs-3-1.jpg\" alt=\"Costs of running a holiday let\" width=\"640\" height=\"427\" \/><\/p>\n<p><a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-let-insurance-guide\">Holiday let insurance<\/a> is a specialist form of cover for owners that let their holiday homes. Insurance of this sort covers a multitude of elements that a normal home insurance policy generally won\u2019t. These could include injury to third parties and accidental damage.<\/p>\n<p>Coverage for both property damage and guest injuries* is highly recommended. Having public liability insurance for a minimum of \u00a32 million, is an essential cost of running a holiday let.<\/p>\n<hr \/>\n<h2 id=\"council\">7. Council tax and business rates for holiday lets<\/h2>\n<p>Rates and taxes on a holiday let differ from a residential property. If your holiday home meets certain availability and occupancy criteria, then you should be registered for <a href=\"https:\/\/www.gov.uk\/introduction-to-business-rates\">Business Rates Property tax<\/a> rather than council tax. This means you may be able to claim <a href=\"https:\/\/www.gov.uk\/apply-for-business-rate-relief\/small-business-rate-relief\">Small Business Rate relief<\/a>, which will reduce the amount of council tax you have to pay.<\/p>\n<p>If your property doesn&#8217;t qualify for business rates, you will have to pay council tax. This may make you subject to a 100% council tax premium on second homes, depending on where your property is. For information about council tax for second homes in the South Hams, visit the <a href=\"https:\/\/www.southhams.gov.uk\/council-tax\/empty-properties-and-second-homes\" target=\"_blank\" rel=\"noopener\">South Hams District Council website<\/a>.<\/p>\n<p>For more information, read our\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-let-business-rates-council-tax\">guide to holiday let business rates and council tax<\/a>.<\/p>\n<hr \/>\n<h2 id=\"accounting\">8. Accounting \/ bookkeeping<\/h2>\n<p>Understanding the intricacies of tax rules and allowances is imperative to ensuring your finances are all correct, and that you have a positive return on your investment. Using the services of a professional accountant or bookkeeper to manage your finances could ensure that you are paying the correct tax, as well as making the most of the allowances that the government gives.<\/p>\n<hr \/>\n<h2 id=\"safety\">9. Annual holiday home safety checks<\/h2>\n<p>Holiday home safety checks are essential when anticipating the costs of running a holiday let, here are a few to budget for:<\/p>\n<ul>\n<li>Gas safety check \u2013 around <strong>\u00a365 \u2013 \u00a3120 annually<\/strong><\/li>\n<li>PAT testing electronics \u2013 <strong>\u00a350 \u2013 \u00a3150 annually<\/strong><\/li>\n<li>Fire Risk Assessment \u2013 around <strong>\u00a380 \u2013 \u00a3200 annually<\/strong><\/li>\n<li>Electrical Installation Condition report \u2013 <strong>\u00a3150 \u2013 \u00a3400 every 5 years<\/strong>. This report is typically done every 5 years, however, the condition of the property and its electrics may require more frequent assessments. If the report identifies further faults, these will need to be rectified before letting.<\/li>\n<\/ul>\n<p>As a holiday homeowner, it is crucial for your property to meet the legal safety requirements and ensure annual testing to make sure your certificates are up to date and checked. Ensure thorough testing, and have certification carried out by a qualified engineer. To find out more about the safety checks required or for help booking these, speak to our locally based managed services team.*<\/p>\n<p>Read more about what tests and checks you may need to conduct in our\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-let-rules-and-regulations\">holiday let rules and regulations guide<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/electrical-safety-regulations-holiday-lets\">electrical safety requirements guide<\/a>.<\/p>\n<hr \/>\n<h2>Money saving tips to reduce costs of running a holiday let<\/h2>\n<p>Costs are inevitable when letting your property, however there are plenty of ways you can reduce your holiday let costs. With just a few simple changes to how you run your holiday cottage, you could save yourself a substantial amount of money.<\/p>\n<h3>Take advantage of tax benefits<\/h3>\n<p>Although the Furnished Holiday Let tax regime was removed in April 2025, there are still some other tax advantages that you can benefit from. Read our guide to <a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/guide-to-furnished-holiday-let-tax\" target=\"_blank\" rel=\"noopener\">Furnished Holiday Let tax changes<\/a> for more information on what the change means, and holiday let tax rules you can still take advantage of.<\/p>\n<h3>Reduce your costs with these energy saving tips<\/h3>\n<p>With the cost of energy rising at an unprecedented rate, you can reduce your bills with a few simple changes. Not only will these changes help in cutting your holiday lets costs, but they also reduce your homes carbon footprint and have less of an impact on the environment:<\/p>\n<h4>Install energy-saving smart devices<\/h4>\n<p>Installing smart home technology can help you take control of your holiday homes energy bills in various ways.<\/p>\n<ul>\n<li>Smart meters allow you to keep an eye on the energy consumption and ensure that you have a more accurate bill.<\/li>\n<li>Smart thermostats \u2018ready by\u2019 feature enables you to set a temperature and preheat your holiday home, and prevents issues like frozen pipes in winter, or unnecessary heating after a booking.<\/li>\n<\/ul>\n<h4>Switch to LED light bulbs<\/h4>\n<p>Good quality LED bulbs use at least 75% less energy, and last 25 times longer than incandescent lighting. A quick and fairly simple way to reduce your property\u2019s carbon footprint and save money in the long run.<\/p>\n<h4>Use energy efficient appliances<\/h4>\n<p>The energy rating of an appliance shows how much power it\u2019s likely to use. Investing in an appliance with an A+++ rating will save you money over time compared to an appliance of a lesser rating.<\/p>\n<h4>Keep your holiday let warm<\/h4>\n<p>Make sure that you keep your holiday let warm and snug for guests by insulating your property and keeping the cold air out with effective draught-proofing. Both\u00a0methods are relatively cheap and easy to do but help keep room temperatures warm and use less energy to heat up your home.<\/p>\n<p>These are just a few ways to reduce your energy costs. For more top tips, read our blog on <a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/eco-friendly-holiday-home-tips\">how to make your holiday home more eco-friendly and sustainable<\/a>.<\/p>\n<h3>Save money on your water bills for your holiday let<\/h3>\n<p>There are plenty of ways to reduce the amount of water a holiday home uses. The following methods will help bring down the cost of your bills.<\/p>\n<h4>Install water efficient taps and showers<\/h4>\n<p>Installing water-efficient taps and showers will save both water and energy by minimising the use of heated water. This reduction in water and energy usage will cut your bills.<\/p>\n<h4>Update to a water efficient toilet<\/h4>\n<p>Cut down on water usage in your property by using a dual flush toilet. They have a split feature button, which gives the option of how much water to use. A normal system uses up to 13 litres per flush, however a water efficient system typically uses only 4-6 litres.<\/p>\n<h4>Check up on leaks<\/h4>\n<p>Water leaks will often start so small that they are barely noticeable. However they can quickly become costly when it comes to your water bill and its repair. Being aware of the most common water leaks and how to fix them is essential to protect your home.<\/p>\n<p>Also be sure to protect your pipes against cold weather. Leakage can increase after a burst pipe due to frost. Read more for our advice on <a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-home-winter-maintenance\">holiday let winter maintenance tips.<\/a><\/p>\n<hr \/>\n<h3>Conduct regular maintenance and property checks<\/h3>\n<p>Maintaining any property is a time-consuming and costly affair. But,\u00a0keeping your holiday home well maintained will reduce the risk of any long-term damage and expensive repair costs. Whether it\u2019s a lightbulb that needs changing, or a more substantial breakdown, Coast &amp; County Cottages provides a 24-hour emergency support service. Giving guests peace of mind over any problems that may occur.<\/p>\n<p>Over the years, we\u2019ve built a vast network of loyal contractors across South Devon. From electricians and plumbers to gardeners and window cleaners, we always know someone in the local area to fix any issues that may arise.<\/p>\n<p>We also handle invoice payments on behalf of our owners and provide cost breakdowns in our monthly owner statements. Ensuring everything is easy to keep track of.<\/p>\n<p>Throughout the winter we carry out fortnightly checks, helping to keep properties secure. This means that if you decide to come to your property for an owner booking, you won\u2019t have to spend time worrying about whether the boiler will work when you arrive. It&#8217;s already covered!<\/p>\n<hr \/>\n<h2>Running a profitable holiday let business<\/h2>\n<p>By understanding the costs of running a holiday let, and preparing for every eventuality, you can increase the profitability of your holiday let.<\/p>\n<p>At\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/about-us.html\">Coast &amp; Country Cottages<\/a>, we have over 20 years\u2019 experience in marketing and managing <a href=\"https:\/\/www.coastandcountry.co.uk\/south-devon.html\">holiday homes in South Devon<\/a>. Our portfolio consists of over 500 self-catering properties in the local area, with teams based in Salcombe and Dartmouth. Our teams are on-hand to offer expert knowledge, advice and support to both our owners and those\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/where-to-buy-a-second-home-in-south-devon\">thinking of investing in a second home<\/a> in the region.<\/p>\n<p>We\u2019ve put together a selection of\u00a0<a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/category\/property-owners\">blogs<\/a> to help answer any of your queries and take the hassle out of holiday letting:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/improve-your-holiday-home-reviews\">8 top tips to improve your holiday home reviews<\/a><\/li>\n<li><a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-let-mortgages\">Holiday let mortgages<\/a><\/li>\n<li><a href=\"https:\/\/www.coastandcountry.co.uk\/blog\/holiday-let-rules-and-regulations\">Holiday let rules and regulations<\/a><\/li>\n<\/ul>\n<p id=\"OG\"><strong>Contact our local team in our\u00a0Salcombe\u00a0and\u00a0Dartmouth\u00a0offices for further advice, or complete the form below to request contact, including a copy of our free Owner Guide.<\/strong><\/p>\n<div style=\"margin-top: -25px; margin-bottom: 20px;\"><script type=\"text\/javascript\" src=\"https:\/\/sykescottages.jotform.com\/jsform\/250134505068955\"><\/script><\/div>\n<hr \/>\n<p><em>* All costs are accurate to the best of our knowledge as of\u00a0January 2023. Cost estimates are dependent on supplier, size of property and location.<\/em><\/p>\n<p class=\"x_MsoNormal\"><span class=\"x_ui-provider\"><strong>Please Note:<\/strong> <em>The information contained in this article was accurate at the time of writing, based on our research. Rules, criteria and regulations change all the time, so please contact our prospective new owner team if you\u2019d like to hear how. Nothing in this article constitutes the giving of financial, tax or legal advice to you; please consult your own professional advisor (accountant, lawyer etc). in this regard. If we have referred within the article to a third-party provider of unregulated holiday let mortgages, this is due to the fact that such mortgages aren\u2019t currently regulated by the FCA.<\/em><\/span><em><span class=\"x_ui-provider\">\u00a0<\/span><\/em><\/p>\n<p class=\"x_MsoNormal\"><em><span class=\"x_ui-provider\">As a helpful reminder, your home may be repossessed if you do not keep up repayments on a mortgage, so again anything you decide to do in this particular area this is one on which you should take your own professional advice on too, as we aren\u2019t providing and can\u2019t provide you with this.<\/span><\/em><\/p>\n<p><em>As a holiday letting owner you are responsible for compliance with health &amp; safety laws, regulations and guidance, and for having suitable insurances in place (not Sykes Holiday Cottages or its brands (Sykes)). From time to time, Sykes shares information with you on the topic of health and safety and insurance. When it does so, it is not providing you with advice (legal, financial, tax or otherwise); please seek your own as you see fit. In addition, it is not making any representations or warranties about the information being complete or free from errors or inaccuracies. Sykes shall not be liable for any loss or damage arising under or in connection with your reliance on it.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Owning a holiday cottage and letting it out can be a financially rewarding venture. This guide provides you with the information to help draw up a budget and work out your holiday let running costs, to help you achieve the best possible return from your property. Here at Coast &amp; Country Cottages, we have over [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":30185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[848],"tags":[],"class_list":["post-26100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-owners","location-south-devon"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are the costs of running a holiday let? | Coast &amp; Country Cottages<\/title>\n<meta name=\"description\" content=\"Owning a holiday cottage in South Devon can be a fantastic source of income, but what are the costs of running a holiday let?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coastandcountry.co.uk\/blog\/cost-of-running-a-holiday-let\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are the costs of running a holiday let? 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