Search found 3 matches

by somersetcottageowners
Mon Jan 13, 2020 12:52 pm
Forum: Buying/selling your home
Topic: Seeking holiday let revenue vs expenses guidance
Replies: 3
Views: 2278

Seeking holiday let revenue vs expenses guidance

Hello! My husband and I are in the process of purchasing a 3-bed cottage in Somerset to run as a holiday let, that we can also enjoy on occasion. I am seeking some advice about revenue vs expenses figures we should be aiming for. Another member here previously told me 50% (before agency fees) was no...
by somersetcottageowners
Tue Dec 31, 2019 4:23 pm
Forum: Just starting out
Topic: Do you stay in your own holiday let and does it work?
Replies: 12
Views: 3233

Thank you so much for all your replies :D The whole thing feels a whole lot less scary knowing there are friendly and experienced people to offer words of advice! Thank you for taking the time to share your experiences, and that all makes sense and is very reassuring. I'm looking forward to giving b...
by somersetcottageowners
Mon Dec 30, 2019 6:06 pm
Forum: Just starting out
Topic: Do you stay in your own holiday let and does it work?
Replies: 12
Views: 3233

Do you stay in your own holiday let and does it work?

Hello lovely holiday let owners! My husband and I are in the process of purchasing a cottage in Somerset which we will be letting out as a holiday let (it has already been operating as such for the past 2 years - cozy 3 bedroom cottage and the owners say it earns >£20k/year). As well as providing so...