FHL / SA (Furnished Holiday Lets / Serviced Accommodation)
- Short term letting - the property is rented out by the night
- Potential to be a high cash flow business
- Higher running costs
- Higher risk strategy than a BTL, however, the rewards are great if you get your numbers right!
- This type of property may qualify for additional tax relief. See your accountant for more information
- Like the BTL, long term holding of a holiday property should see it appreciate in value with time as well.
- You own a holiday house and may be able to use it your self!