Reading Time: 2 minutes Furnished holiday lets tax relief abolished Jeremy Hunt, the Chancellor of the Exchequer, has announced in his 2024 budget that he will abolish the furnished holiday lettings tax regime. Currently, holiday let landlords enjoy far greater tax advantages than buy-to-let landlords who let out residential properties to longer term tenants. They are entitled to deduct more costs including; costs incurred …
Reading Time: 4 minutes It’s inevitable that as a holiday let landlord you will have to deal with guests who breach your holiday cottage occupancy limits and bring extra guests. What typically happens is the lead guest doesn’t include young children in the booking numbers, wrongly assuming that children don’t count as they are sleeping on the couch, on airbeds or travel cot. Another …
Reading Time: 4 minutes The appeal An open fire or wood burning stove in your holiday cottage can be one of its biggest selling points and one of the most requested features by holiday let guests, especially during the colder months. After all, who doesn’t dream of sitting in front of a cosy log fire on a chilly evening while on holiday. Installing a …
Reading Time: 5 minutes Whether you’re selling your holiday home to retire from holiday letting or are buying somewhere new, there are several steps you need to take to ensure a hassle-free sale. Why are they buying Typically holiday home buyers are either looking to invest in a holiday home for family use which will also be holiday let, they are buying a holiday …
Reading Time: 3 minutes Unfortunately, the best-laid travel plans can be ruined when a holiday cottage owner or letting agent cancels a booking – leaving you with nowhere to stay and having to pay a premium for alternative accommodation at the last minute. Maybe the holiday cottage has been sold or removed from the holiday letting market, it has been double booked or due …
Reading Time: 6 minutes The holiday letting business is full of unexpected events and there’s no knowing what’s going to happen next. This inevitably means you’ll have to deal with booking cancellations and refund requests due to bereavement, illness, the weather or pandemics. Why holiday booking cancellations can be damaging When guests cancel their booking, you lose the time and acquisition costs you’ve invested …
Reading Time: 9 minutes The self-catering accommodation industry has often been the brunt of bad press – primarily due to complaints about a holiday let not being as advertised, being dirty or damage deposit refund disputes. Holiday cottage booking agents are also guilty of shunning accountability when things go wrong, by stating the booking contract is directly between the accommodation owner and the guest. …
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