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Buying a house for holiday letting

If you've got the money to buy a holiday home, why have it sitting empty for much of the year? Unless you're going to be popping down to your holiday home every weekend, you could earn a sizeable income letting it out for holidaymakers to enjoy. If you want any more financial incentive then consider that a small, 2-bedroom cottage in a desirable part of the country (such as the Lake District or the West Country), can bring in an income of around £12-£15,000 a year. A larger property could…

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