Renting for 3 months over Winter somewhere warmer
Posted: Sat Mar 13, 2021 11:22 am
With retirement coming to us both in a couple of years hopefully the wife and I are contemplating how to live our lives. We live a fairly frugal life generally, apart from my taste for craft beers
We both enjoy walking, cycling, kayaking so have plenty to keep us busy during Summer in the UK but our Winter isn’t so great. We still do these things in Winter but not as often and it isn’t quite the same. We are contemplating going somewhere warmer from say beginning of November through to early March. We could buy a small place I suppose and let it during the Summer months but I am not sure I want the hassle of this and wonder if rental would be simpler and not too expensive. We have a small holiday let in Sheringham already which is fine but I am not sure I want the potential hassle of one in another country.
To my mind the advantage of renting is that one could go to a different place and/or Country each year but if, over time, you found somewhere you absolutely loved you could always revert to the buy/Summer letting thing if you wished.
On the face of it it appears straight forward.
I assume you would have to check your home insurance for clauses regarding it sitting empty for a few months but are there any other potential problems to consider?
Would I be correct in saying that property owners would love a longer term rental over the Winter months and costs would be reasonable? What sort of cost might it be for say three months?
We both enjoy walking, cycling, kayaking so have plenty to keep us busy during Summer in the UK but our Winter isn’t so great. We still do these things in Winter but not as often and it isn’t quite the same. We are contemplating going somewhere warmer from say beginning of November through to early March. We could buy a small place I suppose and let it during the Summer months but I am not sure I want the hassle of this and wonder if rental would be simpler and not too expensive. We have a small holiday let in Sheringham already which is fine but I am not sure I want the potential hassle of one in another country.
To my mind the advantage of renting is that one could go to a different place and/or Country each year but if, over time, you found somewhere you absolutely loved you could always revert to the buy/Summer letting thing if you wished.
On the face of it it appears straight forward.
I assume you would have to check your home insurance for clauses regarding it sitting empty for a few months but are there any other potential problems to consider?
Would I be correct in saying that property owners would love a longer term rental over the Winter months and costs would be reasonable? What sort of cost might it be for say three months?