Holiday lets: what owners and buyers need to know now
High summer is when holiday lets earn their keep. Coastal cottages, lakeside cabins and city flats are booked solid, and every sunny week makes the idea of owning one look more appealing. But the rules that once made a furnished holiday let such an attractive proposition have changed significantly, and more change is on the way. If you own a holiday let, or you are tempted to buy or convert one this year, it is worth understanding where the law now stands. This article covers England and Wales, which increasingly…