Reading Time: 7 minutes Whether you are buying a property abroad in a beautiful destination to jet off to for holidays or to rent it out, there are several important factors to consider when it comes to overseas property investment. In addition to the location and property type, you will need to consider how to finance your purchase, any tax implications, legal restrictions, …
Reading Time: 7 minutes With millions of people booking a cottage holiday in the UK last year, it’s clear that the demand for holiday cottages isn’t drying up any time soon. Beyond the Covid pandemic of 2020, where the UK saw a sharp rise in the popularity of ‘staycation’ bookings, it’s a trend that appears to have continued. Are holiday homes a good investment? …
Reading Time: 3 minutes There’s a growing sector of the working population who are no longer tied to a physical office and can perform their work remotely from anywhere. Workationers are embracing the benefits of combining a family holiday with working remotely in a beautiful climate, combined with cheaper living costs. Targeting digital nomad travellers is a lucrative way to fill your booking calendar …
Reading Time: 5 minutes In recent years the demand for holiday lets in tourist hotspots has exceeded supply. This, in turn, prompted a surge in second home sales as buyers sought to cash in on the trend for staycations. Whilst holiday lets support the local tourism economy, others argue that second home investors are destroying communities as locals can’t afford soaring house prices and …
Reading Time: 3 minutes *Press release* We found out in 2017 that Millennials are influenced by how ‘Instagrammable’ a destination appears for deciding on their holiday destination. Heading into 2023, Schofields has followed up on their own research into how Gen Zs are influenced, as TikTok proves to be the new travelling trend amongst youngsters. ‘Gen Zs’, also referred to as ‘Zoomers’, are dominating …
Reading Time: 4 minutes Over the years, Airbnb has seen some holiday lets being trashed by unruly guests and people booking fancy homes and apartments to host a party. From a £2 million pound home in Sandbanks being trashed by a huge 100-person party. To a mansion in Chelsea that saw £445,000 worth of damage caused by guests. Airbnb announced it would temporarily ban …
Reading Time: 6 minutes Latest news and changes The council tax, business rates and licensing rules for second homes and holiday lets are evolving. This is due to the Governments concerns that the rise in second homes and holiday lets in rural communities is leading to a shortage of affordable housing for locals. We will update this page with the latest changes to the …
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