Search found 5 matches

by Rosieblue
Tue Aug 06, 2019 8:22 pm
Forum: Just starting out
Topic: Large holiday lets (7+ bedrooms)
Replies: 14
Views: 3469

We’re now scratching our heads about stamp duty costs - if it’s a business do we pay stamp duty; do we just pay stamp duty on the property value and not the additional value built in from the business? We’ve tried checking the UK Gov website but it’s very complicated...
by Rosieblue
Tue Aug 06, 2019 7:43 pm
Forum: Just starting out
Topic: Large holiday lets (7+ bedrooms)
Replies: 14
Views: 3469

That’s super helpful re valuation, we’ve got a couple of places to see at the end of the month so hopefully we’ll get a sense then of how they’ve been valued (a lot on the income we think...)

It’s all very exciting- if not a little daunting!
by Rosieblue
Tue Aug 06, 2019 7:21 am
Forum: Just starting out
Topic: Large holiday lets (7+ bedrooms)
Replies: 14
Views: 3469

There’s a lot to think about! We’re probably going to be led somewhat by what there is available in terms of being on site or not I think... If you’re buying an existing business is there a “standard” way of valuing it- something like the property value itself plus an amount to reflect current booki...
by Rosieblue
Sat Aug 03, 2019 7:54 am
Forum: Just starting out
Topic: Large holiday lets (7+ bedrooms)
Replies: 14
Views: 3469

Thanks both for your input; there isn’t much of that size near. Which makes me wonder if it’s needed there but the places we’ve looked at are generally full for the next 6 months save for an odd weekend here and there? Think we’d love to do our own place but there’s not much that fits our needs avai...
by Rosieblue
Wed Jul 31, 2019 7:10 am
Forum: Just starting out
Topic: Large holiday lets (7+ bedrooms)
Replies: 14
Views: 3469

Large holiday lets (7+ bedrooms)

Hi all We’re thinking of a move to the Peak District from London to be nearer family and for a safer environment for our 2 year old. We’re going to look at a couple of large holiday let business for sale. I wondered if anyone has any thoughts on the viability of a large property like this versus a s...