Second Home Revival. A recent report by Knight Frank examines the growing demand for new-build holiday homes in the UK. The report highlights some interesting statistics such as in the three years up until the beginning of 2010, the growth in nights spent in self-catering apartments grew by 67% to 9.2m and the number of nights […]
Electrical safety is a serious business – unsafe electrical installations cause around 31 deaths, over 8,000 house fires and 1,150 serious injuries each year*. What’s more, most accidents can be prevented. In this post we explore the importance of electrical safety advice for furnished holiday let owners. Statistically, rented properties such as furnished holiday lets are […]
HM Treasury in conjuction with HM Revenue & Customs have published a consultation document on proposed changes to the special tax rules for furnished holiday lettings. FHL Consultation The consultaion is on proposals to ensure the tax rules for furnished holiday lettings are fully compliant with EU law and are better targeted at holiday letting businesses […]
When taking out holiday home insurance buildings cover you will be asked for your holiday home’s rebuild cost and this amount will decide how much you need to insure the property for. There are two main ways to find your home’s rebuild cost; hire a surveyor or or use a rebuild calculator. Read more here: Is Your Holiday […]
Holiday Home Owners are considered as Landlords under HSE legislation and therefore have specific legal responsibilities to their guests (tenants) when it comes to gas safety. In order to comply with the legislation all furnished holiday let owners should have all the gas appliances and gas boilers in their holiday homes serviced in accordance with the manufacturers guidelines […]
Owners improving their holiday home WOW FACTOR should consider their holiday home insurance! In a competitive domestic self-catering holiday market, holiday home owners are increasingly turning to property improvements to increase the WOW FACTOR and appeal of their holiday homes, cottages and apartments. When planning to undertake major improvements which go beyond new decor, owners are reminded to contact their holiday […]
Furnished Holiday Letting rules with us a little longer. We are always looking for interesting snippets of relevant information to bring to our holiday home insurance clients. This extract is from our own accountants, Stevens & Willey and featured in their Summer 2010 newsletter. The favourable Furnished Holiday Lettings tax rules are to be with us until […]
Holiday Home Insurance | Holiday Home Owners Require Liability Cover – Why? As a responsible holiday home owner you will always ensure that your holiday home is as safe an environment as possible for your guests and employee’s to frequent. However, it is often the unforeseen that will cause accidents leading to compensation claims which can […]
Boshers | Holiday Home Insurance | Visit our Facebook Page | Click here… Holiday Let Owners can now keep up to date with useful snippets of information on all aspects of running a Furnished Holiday Let as well as useful Holiday Home Insurance information by visiting us at Boshers | Facebook Page. Visit now and become a friend – just […]
Tax Specialist, John Endacott of Accountants, Winter Rule welcomes the Emergency Budget announcements on the Furnished Holiday Let Rules. He commented; “The announcement today is in line with my most recent discussion with the Treasury specialists. I cautioned against premature action and stressed the need to better research the potential impact of any changes. Part […]
Good News In June Budget for Furnished Holiday Let Owners. Today the Chancellor of the Exchequer has set out his Budget. The measures announced will reduce the deficit, introduce a fairer tax system, and encourage an enterprise and growth agenda in the UK. The Budget 2009 proposal to repeal the special tax rules for furnished holiday […]
Holiday Home Insurance – cover for evicting “Squatters”. Thankfully the risk of squatters occupying well managed holiday cottages marketed at a fair rate to ensure high occupancy throughout the year is slim. However with problems surrounding the supply of affordable housing in rural and coastal areas the threat is ever present. Not all holiday home insurance […]
Running a Holiday Let is not always plain sailing. Owners should consider their Holiday Home Insurance provider wisely. By choosing to partner with Boshers as your broker and Ecclesiastical Insurance as your underwriter, you will benefit from the following: Peace of Mind – we have worked closely with our Holiday Home Insurance underwriter Ecclesiastical, holiday letting […]
Holiday home insurance specialists, Boshers Ltd advise furnished holiday let owners to review their cover and in particular to check that sums insured are correct. Mark Lavington, Director of Boshers Ltd said that, “many holiday home owners will find that their holiday home insurance falls due for renewal during the Spring and early Summer as […]
Tax reliefs on Furnished Holiday Lettings – unexpected bonus for UK holiday home owners. According to various articles in the press, the Government has dropped the removal of tax relief on Furnished Holiday Lettings. This was one of several tax increases in the Budget, due to be enacted before Parliament was dissolved prior to the General […]
2010 Budget | Furnished Holiday Letting (FHL). As announced last year, the tax advantages of Furnished Holiday Letting businesses will be withdrawn with effect from 6th April 2010. Income from FHL will be treated in the same way as income from other property rents. This means there will be less advantageous offset of losses and a number […]
As an insurance broker, specialising in holiday home insurance for furnished holiday lets across the UK; we are increasingly being asked questions by owners and their agents regarding legislation surrounding the operation of a holiday cottage. Insurance is our speciality and we are not lawyers, so we will often seek our own guidance from the […]
Security precautions when installing Key Safes at your holiday home. You, your holiday home, your holiday home insurance and key safes Firstly check with your holiday home insurance broker that the use of Key Safes is acceptable. There may be specific warranties that you will need to adhere to in order not to invalidate your holiday home […]
UK Second Home Owners Warned Of New Arctic Weather Set For February 2010. Winter is far from over yet, if todays news headlines are to be believed. Having already experienced one of the coldest winters for decades, arctic weather is set to return next week. Quality Holiday Home Insurance will give holiday home owners peace of mind, although prevention […]
The 25 best iPhone apps to help home owners manage your money. The popularity of the iPhone has been fuelled by the huge range of applications available for users to download. More than a million “apps” will find the nearest cash point, teach you french or provide the latest news headlines. There are also hundreds of […]
“Be Prepared For The Thaw”, Boshers advise their holiday home insurance clients. We are here and ready to help. To make a claim, call us Monday to Friday 8.30-5pm on 01237 429444 or Ecclesiastical on 0845 603 8381, 24 hours a day, 7 days a week The cost and personal inconvenience caused by a burst pipe […]
Furnished Holiday Lettings – read the Members of Parliament briefing. Under the Furnished Holiday Lettings rules, income from furnished holiday accommodation may be treated as income from a trade for tax purposes, although generally the letting of property is not a trade. In the 2009 Budget the Government announced that FHL rules would be repealed from […]
From the news – source Travolution Holiday Cottages Group (HCG), the UK’s number one holiday cottage rental agency with more than 10,000 properties in the UK, is launching its first TV campaign in three years. The advert will premiere on Boxing Day and run throughout quarter one. Holiday Cottages Group has reported sales of domestic […]
Holiday Let Restoration Projects Sought By Holiday Cottages Magazine. Are you thinking about turning an old barn, brewery or bakery into a holiday let? Or any other pre-1945 building? If so, and you would like free advice on the project, read on. In conjunction with Robert Hill of the Historic Building Advisory Service, Holiday Villas and […]
The Chancellor has confirmed that the Furnished Holiday Lettings Rules will be withdrawn from 2010/11. The Chancellor has confirmed that the Furnished Holiday Lettings Rules will be withdrawn from 2010/11. Self-catering industry bodies continue to lobby the government. In the meantime Boshers Holiday Home Insurance clients can purchase a copy of Furnished Holiday Lets – your Emergency Tax Planning Guide at […]
Here is another Tax Guide written by renowned property tax expert Carl Bayley and published by respected Taxation advisors, Tax-Cafe.co.uk. Holiday Home Insurance Specialists, Boshers Ltd have negotiated a 30% discount off the purchase price of £24.95 + £1.95 P&P for our clients and friends. For discount code details and information on how to purchase a copy click this link: […]
The Minister of State, Department for Culture, Media and Sport (Margaret Hodge) recently reported to the House Of Commons. “The number of overseas tourists who visited England in each of the past three years is as follows: in 2006, 27,586,288; in 2007, 27,794,425; in 2008, 27,291,584. Figures for 2009 show a downward trend in numbers, reflecting […]
Holiday Homes and Holiday Cottages in the UK can be particularly susceptible to water damage caused by burst pipes, as they often lay empty for days at a time during the low season. According to the weather forecasters, tonight will bring the first widespread frost of this winter. Please ensure that you have taken preventative […]
Ten Tips For Holiday Home Owners Or Guests Affected By Flooding Gather essential items together either upstairs or in a high place. Fill containers such as kettles and saucepans with clean water. Move your family and pets upstairs, or to a high place with a means of escape. Turn off gas, electricity and water supplies […]
Latest Met Office Warning: Unsettled weather is expected to continue across the UK over the next few days, with heavy rain and gale-force winds bringing the risk of flooding in places. In the 24 hours to 11 a.m. Thursday, Seathwaite (Cumbria) has recorded 173 mm of rain, Shap (Cumbria) 71.6 mm, Keswick (Cumbria) 64.2 mm […]