Owning a property in Falmouth, Cornwall, or the surrounding areas has always been an investment in one of the UK's most beautiful locations. However, recent changes, including rising mortgage rates and the upcoming second-home council tax premium, are creating new challenges for property owners.
If you're feeling the financial squeeze, turning your property into a holiday let could not only help you cover these costs but also generate significant additional income. Here’s how Guested's expert holiday let and Airbnb management services can make it simple and profitable.
The challenges property owners face today
Owning a second home or investment property in Cornwall is becoming more expensive due to:
Rising mortgage rates: Increased interest rates mean higher monthly payments, making it harder to manage your property affordably.
Second-home council tax premium: Starting in April 2025, Cornwall Council will introduce a 100% council tax premium for second homes. This means owners will pay double the standard rate of council tax, a hefty increase that could strain finances.
New regulations and compliance demands: Whether it’s restrictions on occupancy or criteria for business rates on holiday lets, staying compliant with changing rules can feel overwhelming.
The opportunity in holiday letting
Despite these challenges, Falmouth and the surrounding areas remain highly sought-after destinations for UK holidays. Demand for high-quality holiday accommodation is strong year-round, offering property owners the chance to turn their homes into lucrative holiday lets. By meeting occupancy requirements and renting your property commercially, you could switch to business rates, potentially avoiding the steep second-home council tax premium.
With the right holiday let management team by your side, the process can be smooth, stress-free, and highly rewarding.
How Guested can help: Expert holiday let and Airbnb management in Falmouth
Managing a holiday let might seem like a daunting task, but that’s where Guested comes in. Here’s how our professional services can help you maximise your property’s earning potential:
1. Maximising your income
We optimise your property’s listing on platforms like Airbnb, Booking.com, and others, using professional photography, compelling descriptions, and dynamic pricing to ensure you attract guests at the best possible rates. Our goal is to maximise your occupancy and revenue.
2. Stress-free management
From guest communication and bookings to cleaning and maintenance, we handle all the day-to-day tasks so you don’t have to lift a finger. Whether it’s managing check-ins, organising turnovers, or ensuring your property is spotless and well-stocked, we take care of everything.
3. Regulatory compliance
Our team stays up-to-date with the latest council regulations and tax requirements, ensuring your property meets all necessary criteria to qualify as a holiday let. We’ll help you navigate the process of switching to business rates, saving you time and hassle.
4. Enhanced guest experience
Happy guests mean glowing reviews and repeat bookings. We focus on delivering outstanding guest experiences, from smooth communication to thoughtful touches like local recommendations and welcome hampers.
Why choose Falmouth and surrounding areas for holiday letting?
Falmouth is one of Cornwall’s most popular destinations, known for its stunning beaches, charming harbourside town, and vibrant culture. With tourists flocking to the area for family holidays, romantic getaways, and outdoor adventures, there’s no shortage of demand for high-quality holiday rentals.
Additionally, the surrounding areas—such as Penryn, Mawnan Smith, Flushing, and Mylor—are equally appealing, offering visitors a mix of tranquillity and proximity to Falmouth’s attractions. By transforming your property into a holiday let, you can tap into this thriving market and turn today’s challenges into tomorrow’s opportunities.
Take control of rising costs and unlock your property’s potential
Don’t let rising mortgage rates or the second-home council tax premium hold you back. With Guested's professional holiday let and Airbnb management in Falmouth, you can turn your property into a hassle-free source of income, covering your costs and then some.
Ready to get started?
If you’re ready to transform your property into a successful holiday let, we’re here to help. Contact us today to find out how our expert team can guide you through every step, from setup to full management.
Visit our website or get in touch for a free consultation. Let Guested help you make the most of your property in Falmouth and beyond.