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Understanding the Latest Budget Update for Furnished Holiday Let Owners
The recent budget update has introduced significant changes that will impact owners of Furnished Holiday Lets (FHLs). Here’s a breakdown of the key points: Changes in Interest Deduction Currently, interest incurred on loans for the purpose of a FHL business is treated as a deduction from rental income when calculating taxable profits. However, from 6 […]
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How to Transform Your Property into a Holiday Let in the UK
Are you looking for a way to generate extra income from your property? Do you have a second home, or a holiday cottage, that you want to share with guests? If so, you might be interested in turning your property into a holiday let. A holiday let is a property that is rented out on […]
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The Best Places to Enjoy Local Food and Drink in Sussex for Huluki Sussex Stays
One of the best ways to experience a destination is to taste its local food and drink. Sussex is a county rich in culinary heritage, with a variety of regional specialities, fresh produce, and award-winning beverages. Whether you are looking for a cosy pub, a fine dining restaurant, a farmers’ market, or a vineyard, you […]
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How to Experience the History and Culture of Sussex with Huluki Sussex Stays
Discover the Museums and Art Galleries of Sussex Sussex has a great variety of museums and art galleries that showcase its history, culture, and creativity, from the local to the global. You can learn more about the county’s heritage and traditions at the Weald and Downland Living Museum, where you can see historic buildings and […]
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Understanding Fire Safety Regulations for Holiday Lets
When running a holiday let, it’s easy to focus on earnings, but the safety of your guests should always be the top priority. As of October 2023, there are new fire safety regulations which affect short-term rentals in an effort to protect both guests and property owners. These are part of the Section 156 of […]
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Getting the right mortgage for your holiday let
With the rising popularity of ‘staycations’, purchasing a holiday let property can provide a great income stream – and where better than sunny Sussex?! But getting the right holiday let mortgage requires some key considerations. Firstly, remember that a holiday let mortgage is not the same as a buy-to-let. Lenders will want evidence that the […]
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A Successful First Airbnb Networking Event!
We hosted our first Airbnb Sussex Community Networking last week, at Ridgeview Wine Estate in Ditchling, East Sussex, and we’re ecstatic to announce it was a great success! Despite the awful weather, short-term rental owners, Sussex-based tourism providers and aspiring landlords all made the drive for a fabulous evening of connection, collaboration and networking. The […]
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Airbnb Sussex Community Networking Event
Landlords and second home owners: Join us for a unique opportunity to develop your holiday let business and learn more about the local tourism industry, over a glass of world-class sparkling Ridgeview wine. Hosted by Ridgeview and Huluki Sussex Stays, this free networking event is exclusive to holiday let owners and landlords interested in elevating […]
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How To Make Your Pub Profitable In 2023: Market Your Rooms
It’s no secret that pub-goers are spending less on alcohol at pubs in the UK, so how can you ensure your pub stays profitable? If you’ve got the space, make sure your pub has accommodation options. Pubs with rooms are one of the most profitable and consistent revenue streams for pub owners and managers in […]
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Tax Relief for Furnished Holiday Lets
While it is well-known that ‘capital allowances’ tax relief is available on hotels or bed & breakfasts, self-contained Furnished Holiday Lets (‘FHLs’) also have access to tax relief under the correct conditions. With an estimated capital allowances claim on an FHL in the region of 25% of the purchase expenditure, there could be substantial tax […]
