Adding to the appeal of owning a holiday caravan or lodge, people who turn their holiday homes into cash generators during the school summer holidays are now scooping pay-outs of more than £5,500 each, according to the findings of Park Holidays UK. This claim comes after recent analysis by the company of the earning patterns among customers who sub-let during the season of peak demand.
Park Holidays UK says that many owners let go of just six weeks in July and August to maximise income, and then enjoy well over 40 weeks of their own exclusive use. But, such people aren’t necessarily missing out on a summer break, says the company, because what they earn can more than cover the cost of a holiday abroad.
As a note of caution from us on the magazine, not all park operators will allow you to sub-let your holiday home, so be sure to check before you buy.