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Finances

This is the topic that no one likes to think about, but needs to be addressed in order to make your holiday cottage a financial success. But don't be put off, the finances of running your own holiday property are not that daunting!

In this section we look at the HMRC rules regarding furnished lets in the UK which lay out the tax benefits of running a self catering holiday cottage. Then we look at some simple bookkeeping to maximise your tax benefits. Finally we give you some guidelines on mortgages.

Starting up

If you are just starting up your holiday home, or thinking about starting a holiday home, then don’t forget to visit our finance pages in the section on starting up where you will find help and useful tools to help you make your holiday cottage pay for itself.

The startup pages also include a useful checklist to guide you through the start up tasks.

To find out more, select a topic from the links at the top of this page.

 

 

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