Category: Holiday Let Advice
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How to Transform Your Property into a Holiday Let in the UK
Are you looking for a way to generate extra income from your property? Do you have a second home, or a holiday cottage, that you want to share with guests? If so, you might be interested in turning your property into a holiday let. A holiday let is a property that is rented out on…
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Getting the right mortgage for your holiday let
With the rising popularity of ‘staycations’, purchasing a holiday let property can provide a great income stream – and where better than sunny Sussex?! But getting the right holiday let mortgage requires some key considerations. Firstly, remember that a holiday let mortgage is not the same as a buy-to-let. Lenders will want evidence that the…
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How To Make Your Pub Profitable In 2023: Market Your Rooms
It’s no secret that pub-goers are spending less on alcohol at pubs in the UK, so how can you ensure your pub stays profitable? If you’ve got the space, make sure your pub has accommodation options. Pubs with rooms are one of the most profitable and consistent revenue streams for pub owners and managers in…
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Tax Relief for Furnished Holiday Lets
While it is well-known that ‘capital allowances’ tax relief is available on hotels or bed & breakfasts, self-contained Furnished Holiday Lets (‘FHLs’) also have access to tax relief under the correct conditions. With an estimated capital allowances claim on an FHL in the region of 25% of the purchase expenditure, there could be substantial tax…
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Trust Is Paramount: What To Ask A Holiday Let Agency
We fully understand that making the decision to move over to a property management business for your short-let or holiday rental can be a bit nerve-wracking! You may be nervous due to previous experiences with agencies, additional costs and the most obvious question – will they take care of your beloved property? These are all…
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Where Should I Invest? A Long Or Short-Term Rental
As economic uncertainty continues and staycations are on the rise, more and more landlords and investors are looking at whether it’s best to invest in a long or short term-rental property in the UK. Whether you’re completely new to the property investment industry or you’re a seasoned professional looking to invest in additional properties, we…