House swapping looks set to increase this year as holidaymakers are determined to save valuable cash on their holidays.
Instead of spending money on a villa or apartment, more and more people intend to swap their homes with families from the UK. It is estimated that over 1.6 million people are looking to arrange a house swap sometime this year, which is double the number that did it in 2010. According to a recent survey, the recession has caused a shift in how families are going to go on holiday this year. The survey shows that 3.5% of adults have already arranged a house swap for 2011, with Devon, Cornwall and the Lake District the top three UK exchange destinations.
In order to swap homes, residents usually have to sign up to an agency or a website. They also need to post some pictures of their home and whether they are prepared to lend their cars as well. Most household insurance firms are fine with home swapping as it means a home is occupied, however, it is always a good idea to speak with them and keep them informed on the dates.
Steven Mitchell, NCT House Swap Scheme Manager, said “Due to the economic slump we have seen the scheme become more popular than ever. This year we have already seen a 34% increase in House Swap membership.
“It’s a win-win situation. Families can enjoy a fantastic low-cost holiday in a new location, with the added bonus of having everything they need for the children available.”
House swapping is the latest example of just how the recession has changed the way people now spend their money. Holidays abroad by UK residents fell in both 2009 and 2010 with 10 million fewer trips being made abroad. The rising level of air passenger duty, which started in November, has made it even more expensive for families to go on holiday.