{"id":143010,"date":"2024-03-13T21:10:15","date_gmt":"2024-03-13T14:10:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/holiday-home-owners-in-the-uk-are-you-planning-to-sell-up-or-switch-to-long-term-letting\/"},"modified":"2024-03-13T21:34:42","modified_gmt":"2024-03-13T14:34:42","slug":"holiday-home-owners-in-the-uk-are-you-planning-to-sell-up-or-switch-to-long-term-letting","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/holiday-home-owners-in-the-uk-are-you-planning-to-sell-up-or-switch-to-long-term-letting\/","title":{"rendered":"Holiday home owners in the UK: are you planning to sell up or switch to long-term letting?"},"content":{"rendered":"


\nWe\u2019re interested to hear from British owners of furnished holiday lettings about their plans amid higher interest rates and the loss of tax reliefThousands of UK owners of holiday homes will lose a major tax break as a result of changes announced by chancellor Jeremy Hunt in the spring budget, in an effort to boost the supply of long-term rentals in British communities.The furnished holiday letting (FHL) tax regime \u2013 scrapped from April 2025 \u2013 currently allows the owners of about 127,000 properties to deduct the full cost of their mortgage interest payments from their rental income and, potentially at least, pay lower capital gains tax when they sell. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Holiday home owners in the UK: are you planning to sell up or switch to long-term letting?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re interested to hear from British owners of furnished holiday lettings about their plans amid...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-143010","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-BcC","jetpack-related-posts":[{"id":155279,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tell-us-have-you-recently-succeeded-in-buying-a-home-in-a-uk-holiday-hotspot\/","url_meta":{"origin":143010,"position":0},"title":"Tell us: have you recently succeeded in buying a home in a UK holiday hotspot?","date":"June 5, 2025","format":false,"excerpt":"\r We\u2019d like to hear from people who have recently bought a home in a popular UK resort area such as in Cornwall or Wales, and from those who are still tryingHouse prices in various UK holiday hotspots have plunged since some local authorities have introduced higher council tax charges\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-staycation-boom-may-be-over-as-bookings-dry-up\/","url_meta":{"origin":143010,"position":1},"title":"Britain\u2019s staycation boom may be over as bookings dry up","date":"April 7, 2024","format":false,"excerpt":"\r The cost of living, cold weather and a surplus of holiday lets have hit rental property owners in both cities and the seasideIs the British staycation boom over? Short-term holiday rentals experienced a surge in recent years, especially during the pandemic, when Britons stayed at home in the UK,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-second-homes-in-wales-are-having-to-sell-up-thats-no-disaster-its-a-godsend-will-hayward\/","url_meta":{"origin":143010,"position":2},"title":"Owners of second homes in Wales are having to sell up. That\u2019s no disaster: it\u2019s a godsend | Will Hayward","date":"May 19, 2025","format":false,"excerpt":"\r Council tax hikes on holiday homes aren\u2019t \u2018anti-English\u2019 or detrimental to tourism. This is about preserving embattled communitiesJust over two years ago, Wales gave councils the powers to massively increase council tax on second homes. If you were to read recent headlines, you would think this was a disaster.\u201cFury,\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120938,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-we-get-a-buy-to-let-mortgage-and-use-the-house-as-a-holiday-let\/","url_meta":{"origin":143010,"position":3},"title":"Can we get a buy-to-let mortgage and use the house as a holiday let?","date":"July 19, 2021","format":false,"excerpt":"\r We\u2019re hoping we could save as the tax incentives for furnished holiday lets are betterQ We are two women who are nearing our mid-60s and won\u2019t get our state pensions until we are 66. I work in schools and earn very little while my partner is a graphic designer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136059,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-want-to-buy-a-seaside-flat-as-a-second-home-what-type-of-mortgage-is-best\/","url_meta":{"origin":143010,"position":4},"title":"We want to buy a seaside flat as a second home. What type of mortgage is best?","date":"April 24, 2023","format":false,"excerpt":"\r My partner and I \u2013 he is a first-time buyer \u2013 would use the property at weekends and for holiday letsQ My partner and I are buying a second home to use as a holiday home. He\u2019s a first-time buyer but I\u2019m not as I own the flat that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143270,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-hits-the-wrong-people-rich-second-home-owners-who-can-afford-to-let-them-sit-empty-will-carry-on\/","url_meta":{"origin":143010,"position":5},"title":"\u2018This hits the wrong people. Rich second home owners who can afford to let them sit empty will carry on\u2019","date":"March 31, 2024","format":false,"excerpt":"\r Jeremy Hunt\u2019s abolition of tax relief for holiday lettings will do nothing to ease the UK housing shortage, say property ownersJen Boyle, a 64-year-old widow from Falkirk, owns and runs two small holiday lets on the Scottish island of Cumbrae, home to about 1,300 people. In the last tax\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143010"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=143010"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143010\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}