A Guide to Renting Your Cottage

Renting out a holiday home can be an extremely rewarding thing to do in more ways than one. Of course, if you are looking for ways to subsidise your income, letting out your property in this way may be a good move. However, it is important to do sufficient research beforehand to increase your chance of success.
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Would you like a £40K tax refund?

I blogged a couple of weeks ago about an incentive that the government has introduced to encourage us to buy more property (I like that!).  I recently interviewed the Directors of Global Cashflow, Julie Jackson and Lisa Matterson to find out more about it. (listen to the interview again here). Julie and Lisa explained that only 4% of eligible people have claimed for Capital Allowances. Surely this is like having the winning lottery ticket in your pocket but not claiming it! Does it sound too good to be true? – the government will give you money which is rightfully yours, and you only get charged a fee when you get the rebate– definitely sounds too good to be true! However, we have put some cases through and I wanted to update you on the results so far with a couple of examples: Case 1 Furnished Holiday Let Jointly owned property...
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