What are the Benefits?
As a property owner, signing up your property as a filming or photoshoot location can provide several direct benefits.
Income Generation
Rental fees
Productions generally offer far higher rates than renting your property out as a long-term residence or as a holiday let. With fees range from a few hundred to several thousand pounds per day, depending on the size of the project and the property’s suitability.
Short-term income
Unlike long-term rentals, hosting a film or photoshoot offers the potential for quick, lucrative income for short periods of time.
Flexibility
Part-time commitment
You can choose when your property is available for filming, making it a flexible source of income. You retain control and can block out dates if needed.
Seasonal or occasional use
If your property is not used year-round (like holiday homes or vacant commercial spaces), it can still generate income during downtime.
Insurance and Liability Coverage
Insurance & deposits
Productions must carry adequate insurance policies (PLI) that cover any potential damage to the property, which can provide peace of mind. Damage deposits can also be held on your behalf.
Contracts and agreements
Written agreements can clearly define the terms of use, ensuring that the property owner’s rights and expectations are protected.
No Need for Extensive Modifications
No hassle for you
Unlike holiday rentals, you do not need to make countless alterations to the property to comply with regulations.
Temporary adjustments
Production crews usually make minimal alterations to the property and revert everything back to its original condition once the filming is complete.
Conclusion
Overall, listing your property as a filming or photoshoot location can be a lucrative, flexible, and relatively low-risk way to generate income.