How do you decide whether to DIY your holiday let property? You’ve asked yourself, “Is holiday let property a good investment?”, and decided to take the plunge. I think it’s a great decision – you’re about to invest in the stability and growth potential of the UK property market, with the added potential to benefit […]
Continue readingStrategies and tips to maintain profits when a holidaymaker cancels their stay Last-minute (and not-so-last-minute) cancellations are an annoyance that all holiday let landlords suffer from time to time. Instead of panicking and rushing to offer your holiday let at a knock-down, cheaper-than-chips, bargain basement price, by having a plan to deal with cancellations you […]
Continue readingPrevious: #3 Tax Benefits Next: #5 Management Company Video Transcription: Hi guys. So, Holiday Home Investments and we look at the lending in this video. So really exciting because obviously with hotels, you know, you can’t get lending because effectively you’re buying a room that’s part of a hotel and they can’t, you know, a bank can’t […]
Continue readingNext: Leisure Industry Video Transcription: Hi guys. So I wanna welcome you to this series for holiday home investments. And I think, you know, I’m really quite excited about this, because any time you can create a new product or identify a new product that services a need in your portfolio, and right now the need […]
Continue readingThe tax advantages and disadvantages of staycation investment If you already invest in property, you will be used to your buy-to-let business being treated as investment activity. Furnished holiday let property is treated differently. The taxman considers it to be a trade rather than an investment. Therefore, it is taxed differently. In a recent article […]
Continue readingProtecting your holiday let profits and your guests One of the most important pieces of paperwork you are responsible for as a buy-to-let landlord is your tenancy agreement. When running a holiday let, the same principles apply. Your holiday let rental agreement outlines your responsibilities as the holiday let owner, and the holidaymakers as your […]
Continue readingPrevious: #4 Lending Availability Next: #6 Mitigating Risks Video Transcription: Hi guys. So, Holiday Home Investments, the management company. Let’s talk about a management company. I think this is the difference between success and failure. You know, you can have the best industry, you can have the best area, you can have the best site, the best […]
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