XMA5 Posted August 6, 2005 Posted August 6, 2005 Newbe here so please go easy, I already have one buy to let on a short hold tennacncy, am looking to buy a second property and let via an agency as a holiday cottage, What sort of retuns should i be looking for about 5% or more, i hope for it to make a loss for tax reasons. am looking to spend 220K with 11k net rent? am i setting my sights to low? has anyone heard of a holiday cottage forum ? Xma5 Quote
Charlie Don't Surf Posted August 7, 2005 Posted August 7, 2005 Don't know but here's a cottage rental site to give you some ideas - Cottage Breaks Quote
whiterabbit Posted August 16, 2005 Posted August 16, 2005 Newbe here so please go easy,I already have one buy to let on a short hold tennacncy, am looking to buy a second property and let via an agency as a holiday cottage, What sort of retuns should i be looking for about 5% or more, i hope for it to make a loss for tax reasons. am looking to spend 220K with 11k net rent? am i setting my sights to low? has anyone heard of a holiday cottage forum ? Xma5 <{POST_SNAPBACK}> If you can get that I will be very surprised. 5% is fantastic right now. What area in? Quote
XMA5 Posted August 18, 2005 Author Posted August 18, 2005 If you can get that I will be very surprised. 5% is fantastic right now. What area in?<{POST_SNAPBACK}> in the cotswolds , definatly possible , it the value of the house i am worries about not sure this is the best time maybe i should wait a year Quote
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