Lay My Hat

Hi there, what are the legalities of taking a security deposit for a holiday let - do they have to be held by a third party, is there a set amount to take?
Thanks
Lazydog

Haha, yes just edited it with the location.

Hi all, we are looking at a potential lifestyle change and buying an existing business suits our dream. Ideally, it would be (in South East Wales) a 5+ bedroom property with a 1 or 2 bed annexe/cottage on site with an established revenue of £20k+pa that we could build on. Would love to hear from any...

Hiya,
Just sorting the kitchen for our first holiday let - any suggestions on make/model of washing machine to install?
Thanks
Stu

Good points zebedee.

Good idea Blanche, although I don't think my wife likes the IKEA stuff. Thought there might be a dedicated Holiday Let supplier out there.

Hi everyone, we are completing on our first holiday cottage and need to furnish from top to bottom. In your experience who are best for price/quality/service - and can deliver? Thx

We are buying our first holiday let and this thread has been helpful. I would suggest to the farmer to talk to a property accountant for advice on VAT. It may be possible to run the lets individually so that the VAT threshold remains below. You need expert advice.