Your Own Holiday Home

Why Do You Want One?


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Welcome to Your Own Holiday Home, the podcast to help you navigate your way through the possible benefits and potential pitfalls of owning your own holiday home. Join Jon Stanton as he shares his 15 years of experience running Spa Properties, a Scarborough-based Holiday Property Management Company. 

In this episode, Jon starts right at the beginning, before you even start to look for a property, by helping you become clear on your reasons for purchasing a holiday home.     

 

KEY TAKEAWAYS

 

  • The two main reasons for purchasing a holiday home are a very emotional rationale and the other is a business proposition. 
  • The concept of a ‘bolt hole’ to escape from everyday life is a common reason for a holiday home but there is always the potential for the provision of a second income if handled correctly. 
  • You may inherit a holiday home or perhaps want to own a second home in a relative’s town to facilitate visits.  
  • The holiday lettings model has a number of advantages over traditional lettings including less expensive maintenance and better financial returns.

 

BEST MOMENTS

 

‘We’ve come to the conclusion that there are two distinct reasons why people want to do this, certainly from what we’ve experienced.’

‘With the difficulties and financial implications of life being what they are people are now starting to recognise that as long as they get the structures right it actually can provide them with a very good second income.’ 

‘Our continual maintenance of the property, because we are making sure it’s prepared for guests each time there’s a changeover, has meant that the maintenance of the property is a much more gradual process and consequently much more affordable.’ 

 

VALUABLE RESOURCES

 

● Website: https://www.spaproperties.co.uk/

 

ABOUT THE HOST 

 

Jon Stanton

 

Jon left a successful career spanning thirty years in IT to pursue his passion for property management and has been leading the team at Spa Properties for almost fifteen years.

As well as leading the team at Spa Properties, Jon is an advocate of ongoing business development and professional networking, as well as a senior member of the Scarborough Hospitality Association.

 

CONTACT

 

● LinkedIn: https://www.linkedin.com/in/jon-stanton/

● Twitter: https://twitter.com/jonspap

 

 

 

 

This show was brought to you by Progressive Media

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Your Own Holiday HomeBy Jon Stanton