Ask the Experts

This is an opportune time to approach the subject, as the industry is about to enter unchartered territory that will require everyone to be far more diligent vis à vis the forthcoming legislation. And what better person to talk to than Katie? With over a decade working in the industry and managing some of the finest professionally run holiday properties in the south of the county, her advice is sagacious and tailored to suit your needs, whether you’re just setting out or looking for tips on how to run your property professionally and maximise your return.

Over the coming months, we will be helping you to get your house in order – by talking to Katie about some of the following topics highlighted below.

It is vital to have all your health and safety certifications in order and up to date. This includes annual servicing for gas and oil boilers, an Electrical Installation Condition Report (EICR), chimney sweeps, fire risk assessments, equipment servicing (following the new 2023 guidance), and Portable Appliance Testing (PAT). Soon, there will be a new statutory registration framework that requires all holiday lets to submit paperwork to local authorities, ensuring safety standards are consistent across the board. Failure to complete this registration form may prevent you from advertising your property on any OTA platform and could lead to fines for noncompliance.

Hire a qualified fire risk assessor to perform a full survey of your property, as this is now a legal requirement. Regardless of whether you complete the recommended work, the holiday home must have a fire risk assessment (FRA). It is advisable to review this annually or whenever there is a change in fire safety legislation.

Meet with your accountant and understand the changes now the abolition of the Furnished Holiday Let tax has been confirmed to kick in from April 2025. Make sure you have claimed any capital allowances that are still outstanding. It may be worth seeking specialist advice on how to do this before the next tax year. 

If you are looking for advice on purchasing a holiday home, or running your existing property or wish to discuss these issues in more detail, then get in touch with Katie.