We have an attractive scheme for Holiday Home Owners to enter into a formal agreement with us to sublet. This means your holiday home can produce an income as well as quality holiday time for personal use.
Please note that we do not permit private subletting of holiday homes on any of our Coastdale Parks.
If you join the scheme it will offer you the ability to earn income from your Holiday Home whilst still allowing you use of it at other times. In these days of rising costs, it may be of assistance in reducing financial pressure. If you are considering buying a holiday home it may be a way of assisting you to make that big decision to purchase!
The scheme will be available for any owner whose holiday home meets the required standards. To be considered, the unit must be of a standard that meets our minimum grade level. Entry is also subject to availability.
Contact us for further information and to register your interest in the subletting scheme. This can be done by emailing Phillip Key at [email protected] or by contacting Whitby Holiday Park directly.
To try to ensure that the income generated is of a worthwhile level for both parties, the minimum time agreed should consist of; 6 full weeks in high season (or 8 short breaks), 6 full weeks in mid-season (or 8 short breaks) and 4 full weeks in low season (or 6 short breaks). This can be subject to some negotiation, depending on individual circumstances. Details of the season dates and length of short breaks can be obtained from the Whitby Holiday Park’s head office.
The company will clean the caravan after every let, provide and launder the linen, carry out basic and routine maintenance (chargeable) and look after the guests as we would in our own hiring fleet – including check-in and out and marketing.
Operating expenses as identified in the agreement are included, but there will be a 5% charge on the total annual income achieved to cover the cost of cleaning and laundry. There will be a ´per booking´ charge of £40.00 for cleaning the hot tub - if applicable.
You will need to provide the full inventory to meet the ‘platinum’ standard and you must ensure all safety testing is carried out (which is a condition of the licence anyway) and have public liability insurance. You will be responsible for gas and electricity usage and any repairs/breakages.
If you have a dog of your own who comes to your caravan with you, the unit will be identified as the ´Pet Friendly´ grade and accept pets. The reason for this being that some guests would prefer not to stay in a unit where pets had been present and some people have pet allergies.
No, there are no guarantees because it depends on how busy the park is and how many weeks you have made available for letting. However, the dates stipulated have been designed to provide a good opportunity to receive a reasonable level of income.
Based on one of our parks, the following is a reasonable example of a Lodge Unit without a hot tub:
Low Season 2 weeks and 4 short breaks
Revenue = £3120.00 – commission and cleaning charge (£1248.00) = amount to owner £1872.00
Mid Season 4 full weeks and 4 short breaks
Revenue = £5760.00 – commission and cleaning charge (£2304.00) = amount to owner £3456.00
High Season 6 full weeks
Revenue = £7200.00 – commission and cleaning charge (£2880.00) = £4320.00.
These examples are based on full occupancy for the minimum periods identified in the agreement, with VAT levied at 20% (subject to change by the government at any time).
Low season 2 weeks and 4 short breaks:
Revenue = £3382.00 – commission = £1183.70 ….. owner £2198.30
Mid season 4 full weeks and 4 short breaks:
Revenue = £5438.00 – commission = £1903.30 …. owner £3534.70
High season = 6 full weeks:
Revenue = £6300.00 – commission = £2205.00 …. owner £4095.00
Operating expenses as identified in the agreement are included but there will be a 5% charge on the total annual income achieved to cover the cost of cleaning and laundry. There will be a weekly charge of £40 for cleaning the hot tub - if applicable.
The terms and conditions relating to the scheme can be summarised as follows:
1. The agreement must be signed and agreed by all owners of the Holiday Home and a representative of the Company, prior to the relevant season.
2. The weeks available must be agreed and meet the minimum criteria set out in the scheme details, unless otherwise agreed – once agreed, these cannot be reduced, although they may be increased by the agreement of both parties.
3. This is not a guaranteed letting scheme (unless formally agreed and stipulated) although the Company will endeavour to book the agreed weeks wherever possible. This is dependant on booking trends and economic/business performance and may involve applying discounts where necessary to enhance any bookings.
4. The agreement is valid for the current season and can only be terminated by the agreement of both the owner/s and the company. In the event of the owner selling the Holiday Home, bookings cannot be transferred to the new owner.
5. The rates of commission charged by the Company will be, (including VAT):
Low Season –35%, Mid Season – 35% and High Season – 35%
The dates of these seasons will vary year on year due to changes of bank holidays etc and are available from the park office prior to the commencement of the season.
6. If the agreement is terminated early, other than by mutual agreement, then the full value of the remaining bookings will be due to the non cancelling party.
7. Commissions due, at the rate set out in the agreement, will be paid to the owner/s at the beginning of January – any expenses incurred by the company, will be deducted from this amount. These will be individually identified as the season progresses.
8. The owner must provide public liability insurance (for a minimum of £5 million), for holiday letting and a valid TV licence, prior to the commencement of the agreement.
9. All safety testing must be current and valid throughout the whole of the letting period.
10. The holiday home must have a subscription to the company wifi system and this is payable by the owner of the unit.
11. The services included under this agreement will be:
Marketing the unit - Handling all the administration with regards to taking and confirming bookings, all payments, check in and out and remitting funds to the bank account of the owner.
Routine, basic maintenance checks.
Provision of the key holding service.
Being the point of call for handling all customer enquiries and complaints and liaising with the owner as and when required.
12. The owner agrees to ensure that the caravan is cleaned after any personal use and that all food and other consumables are removed. Chargeable services are:
Weekly charge for cleaning the Hot Tub (if applicable).
5% commission on the total revenue achieved for cleaning and laundry services.
Any repairs necessary to maintain the standard of the unit are chargeable as required.
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