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International Museum Day: The Museum Bucket List

International Museum Day: The Museum Bucket List

Welcome to International Museum Day! Today is a day that not only celebrates history but one that celebrates culture, talent and scientific advances. Today a day that documents everything that we as the human being have strived for throughout our entire existence. All over the globe exists a dedication or memorial that reflects the beauty and history of a country, …

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Pop-up brothel warning for holiday let owners

Police are warning owners of holiday lets to beware of sex workers using their properties as pop-up brothels. Devon and Cornwall police said that in Newquay alone they had discovered 14 such establishments and believed more had operated but had not been discovered. The issue is unlikely to be isolated to Newquay alone, it is almost certainly country wide in …

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Celebrity holiday homes for hire

Celebrity holiday homes for hire

Always wanted to holiday like the rich and famous? Stay in the lap of luxury like your favourite stars? Well, now you can and you don’t need the celebrity bank balance! Here at Schofields we have collated the most luxurious celebrity holiday homes which are, or were once, owned by the stars and are now available to rent for your …

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Best places in the world to buy a holiday home

Best places in the world to buy a holiday home

Here at Schofields we like to give people the best information about buying a holiday home in both the UK and abroad, and our team of researchers have been busy compiling the best destinations for a holiday home that will provide the best investments. Our research found that Catalonia in Spain proved to have the best return on investment, with …

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Bricks & Mortar Movember: Houses with moustaches

Bricks & Mortar Movember: Houses with moustaches

We are coming to the end of Movember, a month-long event where men are encouraged to grow their moustache for a month to raise awareness for prostate cancer and other male illnesses. While it is expected that we see an increase in interesting facial hair and stick-on moustaches on women who are supporting the cause, we have also seen some …

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The Self-Catering Web Awards

The Self-Catering Web Awards

The days of dull self-catering properties decorated with second hand furnishings are a thing of the past – such properties simply won’t succeed. Modern self catering holiday lets offer a boutique experience, which often supersede that of many luxury hotels. And behind these rentals are caring owners who put a great deal of effort into marketing their properties online. They …

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5 stages of holiday planning – from research to booking

Although finances are tight in many households, the outlook is positive for those in the travel industry as holidays are usually the last ‘luxury item’ to be cut. However, bookings can be harder to get as trends fluctuate e.g. an increase in last minute bookings, discount requests or shorter breaks. It’s important that as a holiday let owner you understand …

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Taxman targets holiday home owners

Own a property abroad? Then get your tax affairs in order. A team of HM Revenue and Customs inspectors is targeting overseas holiday home owners to see if they are correctly declaring rental income or gains from holiday homes abroad. Using sophisticated ‘data mining’ technology, a new 200-strong unit has been set up to identify those in the 50% tax …

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Top tips for buying a holiday home

Savills International and HomeAway recently released some interesting research on the second home market abroad. As to be expected, France has replaced Spain as the favourite destination for second home owners to invest. Its perception of stability, resilient house prices and ease of access help make it a safe bet for UK buyers. Traditional property hotspots and established tourist destinations, …

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2011 new build UK second homes report – key points

2011 new build UK second homes report – key points

It’s rare that reports are published on the holiday home and second home market, so it was interesting to read the recently published ‘Knight Frank 2011 new build second homes report’. It seems these days a large amount of articles and so called ‘reports’ on the holiday home market are pr spun advertorials that quote statistics without supporting evidence of …

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Ash cloud: travel advice, updates and your rights

Not again! As one of the busiest half term holidays on the travelling calendar approaches, thousands of travellers are facing disruptions as the ash cloud from Iceland’s Grimsvotn volcano approaches British airspace. With flights being cancelled, both holidaymakers and holiday home owners with changeovers in the coming days have concerns of whether travel plans will be fulfilled or cancelled. Compared …

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Energy Performance Certificates for holiday lets

Energy Performance Certificates for holiday lets

Are you aware that from the 30th June 2011 your holiday let accommodation will need an Energy Performance Certificate if it’s rented out, short term, for a combined total of four months or more in any 12 month period? Although there has been little publication of the rules, The Department for Communities and Local Government has announced that from 30th …

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Holiday let tax changes 2011/2012

As announced in the 2011 budget, the changes to the Furnished Holiday Lets (FHL) tax rules come into effect today – April 6. From April 6 it will only be possible to offset trading losses from a furnished holiday lettings business against certain income from that same FHL business. The previous rules allowed holiday let owners to offset losses against …

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Recap of holiday home news: 30 September 2010

Holiday Letting If you are looking to rent a holiday cottage then there are some useful tips in this article on things to check and questions to ask beforehand – is heating is included? what should you take? Holiday rental owners should also have a read as it gives an insight as to what questions guests might have through the …

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New-build UK second home market report 2010

New-build UK second home market report 2010

If you are looking to invest in a second home or holiday home in the UK, or if you already own one, then the New-Build Second Homes Report 2010 from Knight Frank is an interesting read. Although it is focused on new builds, the information in the report provides a useful insight into the general UK second home market and …

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Recap of holiday home news: 25 August 2010

It’s time once again for our holiday home, property and travel news round-up, here’s what’s been happening… Earning an income from your holiday home isn’t easy. One of the best ways to increase your holiday lets rental potential is to target a niche – child friendly, boutique, walkers, bird watchers etc. and tailor your offering (furnishings, facilities, advertisements) to appeal …

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Recap of holiday home news: 23 July 2010

It’s time once again for our holiday home and holiday letting news round-up, the format has changed but the content is as useful as always… The summer holidays are traditionally a period when overseas property sales increase, as those with dreams of owning their own place in the sun travel abroad. However, buying overseas can be problematic and those buying …

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Budget news for holiday lets & second homes

Here is a roundup of the 2010 budget and how the tax changes affect owners of furnished holiday lets & second homes… Furnished holiday lets As expected, the withdrawal of the furnished holiday letting rules on 6 April 2010 has been cancelled. For the tax year 2010-11 the legislation continues as before, and owners of furnished holiday lets will continue …

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Recap of holiday home news: 11 June 2010

It’s time once again for our holiday home news round-up, here’s what’s been happening: how to add value to your holiday home, predicting holiday weather, tips for buying euros, France travel tips & domestic tourism set for a boost. How to add value to your holiday home He is one half of TV’s Location, Location, Location’s dynamic duo, property expert …

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Capital gains tax rise for second homes

Capital gains tax rise for second homes

Recently announced proposals by the new Chancellor of the Exchequer to increase the rate at which capital gains tax (CGT) is to be applied (from 18% to 40% or even 50%) and bring it back in line with income tax rates, may have raised a few eyebrows. Not least from those who would not typically have expected this sort of …

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Recap of holiday home news: 21 May 2010

It’s time once again for our holiday home news round-up, here’s what’s been happening: What to consider when buying a UK holiday home, is the ash cloud uninsurable? why choose a Euro mortgage, ten tips for holiday rental success and weekend flights cost more. What to consider when buying a UK holiday home Ash clouds and fluctuating exchange rates are …

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Recap of holiday home news: 30 April 2010

It’s time once again for our holiday home news round up, here’s what’s been happening: Volcano travel insurance claims & your rights, how to value a holiday home, which airlines are worst for extra fees and how to avoid them. Iceland volcano: travel insurance claims & your rights – which.co.uk Following the volcano in Iceland which caused travel chaos this …

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Recap of holiday home news: 13 April 2010

It’s time once again for our holiday home news round up, here’s what’s been happening: HM Revenue & Customs (HMRC) targeting second home owners, who decides on holidays men or women? travellers warned of summer car hire shortages, how to invest £100,000 in property and HomeAway to list holiday home sales. HM Revenue & Customs (HMRC) targeting second home owners …

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Holiday let tax change is abandoned

Good news for UK holiday let owners as the tax break, which Labour had planned to revoke, has been reprieved in a pre-election deal with the Tories. According to the telegraph The proposed new tax is one of three that Labour has been forced to abandon following negotiations to fast-track the Finance Act – which introduces the laws necessary to …

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Recap of holiday home news: 17 March 2010

It’s time once again for our holiday home news round up, here’s what’s been happening: Holiday let crackdown in Paris, holiday home plunges 30ft down cliff, Conservatives would restore tax breaks for holiday lets, avoid title disputes abroad and BA strike advice. Holiday let crackdown in Paris Looking to buy a holiday let in Paris or already own one? Be …

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View holiday cottages on Google Street View

View holiday cottages on Google Street View

Today (11th March), Google has rolled out its Street View technology featuring 360-degree images of more than 99 per cent of the United Kingdom’s roads – from the Shetlands to Penzance. No doubt may of you will have seen the Google camera cars and tricycles surveying the country, but how popular is street view? The telegraph reports that… a survey …

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The UK second home market

The UK second home market

Ownership of a holiday home by the sea or holiday cottage in the country is at an all time high according to research from Knight Frank. There are now 245,384 registered second homes in the UK. 6212 more second homes were bought last year, an increase of 2.6 per cent on 2008 when the recession and credit crunch saw growth …

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