“The buy-to-let market has undergone its fair share of upheaval over the past few years, with rising interest rates and tax perks quashed,” said Rachel Springall (pictured), finance expert at Moneyfactscompare.co.uk. “However, a small part of this market has flourished over the past couple of years, with the availability of holiday let deals rising.

“Holiday let owners will be facing challenges ahead, and changes will no doubt come as a blow to both existing and prospective landlords, but the demand and profitability of a holiday let could still be worth weighing up. It would be wise for new investors to do their research and pick a property to let with their head, not their heart, and getting advice from a listings service is also wise to explore seasonal dips.”

“Holidaymakers may struggle to save enough cash to cover the price of a holiday abroad or have been put off altogether by last minute flight cancellations. A break away in the UK could then be a safer and more affordable alternative, so holiday lets could be a great option. However, costly pitfalls might also arise, so holidaymakers must take time to do their research into the location, time of year, local events and the length of the break to ensure their ideal break away stays within their budget.”  

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