Make extra money from your home

Discover how holiday accommodation rental site HomeAway can earn you extra income from your property while it might otherwise be empty

Purchasing a property in the capital has involved a lot of hard work, so now it's time your much-loved home did some work of its own. Whether you’re going on holiday or managing a diverse portfolio, holiday home rental sites are an easy way to earn extra income when a property might otherwise be empty for short periods.

The potential returns are exciting for anyone embracing their entrepreneurial spirit but, before launching yourself into it, there are a few things to consider first.

You are the boss

This is about putting you in control of your property, so make sure you choose an online platform that makes the process as easy as possible, lets you set the price you want, decide when to make it available and have the final say on who stays there.

High-value bookings

Speaking of customers, the quality and reputation of the website can also be a reflection of the types of client you can expect. A safe, secure and reputable platform such as HomeAway, an expert in the holiday rental industry and part of Expedia Group, attracts high-quality travellers, such as families and friends who tend to stay for longer periods and book well in advance.

Show off your property on HomeAway

Advertising reach

HomeAway also benefits from the global reach of the world’s largest travel platform, which means your property will have the maximum exposure across the globe and allows you to welcome travellers from all corners of the world, if you wish.

Earning potential

It’s no secret that demand is high in London and it remains a hugely popular tourist destination, so owners are in an ideal position to maximise their returns through short-term rentals during the entire year. That extra income (see below) could be put towards paying off the mortgage or helping with the property maintenance costs, or maybe it will pay for your next holiday or simply be banked for a rainy day.

Try it once, then decide

For peace of mind, HomeAway provides liability protection and round-the-clock support for all its partners, offering more than two million places to stay for holidaymakers. And after the first time renting, if you decide it’s not for you, that’s no problem either. There is no commitment, so you can simply take your property off the marketplace and carry on as before.

But then, why would you?

To find out how easy it is to list your property and how much you might earn this year, visit HomeAway.co.uk