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How to Calculate Your Holiday Home Contents Value

Reading Time: 3 minutes What is contents insurance? A typical contents insurance policy will cover the cost of replacing your possessions following loss or damage due to a variety of events like theft, fire, storms, flooding and water leaks. Cover will vary from policy to policy, so always check the details before taking out the insurance. Contents insurance is optional, but without it, you …

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Where to Invest? Holiday Let or Buy to Let

Where to Invest? Holiday Let or Buy to Let

Reading Time: 11 minutes We are in the midst of a housing market boom as property investors look to capitalise on the stamp duty holiday. If you happen to be in the fortunate position of being able to invest in a second home, should you capitalise on the staycation boom and buy a holiday home that you can let out short term when you’re …

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How to Avoid and Manage Chargebacks

Reading Time: 5 minutes If your guests use a credit or debit card to pay for their accommodation, there’s always a chance that they can dispute a charge and file a chargeback claim by simply pressing a few buttons on their banking app. Holiday cottage businesses should therefore be proactive when it comes to preventing and disputing chargebacks. What is a chargeback A chargeback …

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Here’s how much the most expensive houses on Selling Sunset could charge as holiday homes

Here’s how much the most expensive houses on Selling Sunset could charge as holiday homes

Reading Time: 3 minutes Netflix’s Selling Sunset has been the show of the summer, but most of us can only dream of owning a property like those on screen. Their listings boast spectacular views over the iconic Hollywood Hills, crystal clear infinity pools, state of the art home cinemas and wine cellars. The median home value for Los Angeles is $752,508 currently, but the …

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City Breaks, Staycations & Camping: The Impact of the Pandemic on UK Travel

City Breaks, Staycations & Camping: The Impact of the Pandemic on UK Travel

Reading Time: 4 minutes Our recent reports into the state of travel in 2020 and 2021 revealed some interesting data around the impact the pandemic has had on tourism around the world.  Here at Schofields Insurance, we’re always keeping an eye on the travel industry. Today we’re revealing some shocking stats on how the pandemic has affected searches for travel in the UK – …

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Public Liability Insurance for Holiday Lets

Public Liability Insurance for Holiday Lets

Reading Time: 2 minutes As a holiday rental owner or Airbnb host, you’ll want guests to have a fantastic holiday filled with wonderful memories and to return home safely. However, sometimes incidents occur which could lead to guests being injured or falling ill. Common causes and circumstances include slips or falls, faulty electrical fittings, scalds, broken fixtures or illnesses contracted from a swimming pool …

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Ways to Handle Holiday Booking Cancellations & Refund Requests

Ways to Handle Holiday Booking Cancellations & Refund Requests

Reading Time: 5 minutes The holiday letting business is full of unexpected events and sometimes there’s no knowing what’s going to happen next. This inevitably means you’ll have to deal with booking cancellations and refund requests at some point due to bereavement, illness, the weather, airlines collapsing or pandemics. Cancelled bookings are frustrating for hosts. There’s the lost income, acquisition expenses, the opportunity of …

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