Investing in a Furnished Holiday Let (FHL) is becoming more attractive with so many additional benefits compared to the traditional Buy-to-Let.
These benefits include the ability to still offset your mortgage interest payments and costs from your rental income prior to calculating your tax liability.
With legislative changes, it is thought that over just a four-year period a Furnished Holiday Let will outperform a traditional buy to let investment by more than 100%.
It is predicted that FHLs will become a crucial part of any property-based investment portfolio. Profits from Furnished Holiday Lets can be categorised as ‘relevant earnings’ when making contributions to your pension.
An investment that works now and for your future. Further benefits enable owners to proportion profit and qualify for various Capital gains tax relief. Making it tax efficient for you and the ones you love.
PROPERTY AND RENTAL MANAGEMENT
We provide a property management service and commercial support, ensuring a dynamic, flexible and passionate approach to managing your property.
We will be hands-on supporting you throughout every stage of your investment and ensure that your every need is catered for. You can tap into our services as much or as little as you desire, and we will aim to exceed your expectations on every level and make your life at The Lakes as hassle free as possible.
We will evaluate your asset, agree on a strategy and execute and deliver the plan. The aim is not only to maximise your profit but also to build The Lakes brand and successfully position your house in the luxury staycation market to the highest of standards.
We work on results, we do not ask property owners to pay us anything in advance, standard management fees are taken only when your property is rented and generating income for you.