HOLIDAY LETS
Everyone has a soft spot for the beach and beautiful countryside and the internet means it’s easy and convenient to find and book yourself self catering holiday accommodation. This has led to holiday lets becoming more and more popular with investors.
A well placed holiday home can give a better return on your investment than a regular buy-to-let property due to the capacity to charge a premium on the rental cost. Keeping the property booked up can give you a consistent and healthy cash flow.
There are certain tax benefits that an FHL – furnished holiday letting – can give. You can claim Capital Gains Tax relief for a business trader; you are entitled to capital allowances for furniture, equipment and fixtures and profits count as earnings for pensions.
Oh, remember that owning a holiday home gives you a great place to take a well earned break!
GET IN TOUCH WITH CEC
Please contact us for a free, no obligation, initial consultation where we will discuss your needs and which types of properties you are interested in, so we can source the perfect place for you.