Holiday Home Investments – Staycation Market

In the last three months alone, search demand for ‘holiday homes for sale’ have grown by 73% year-on-year. Exploring into the recent surge in the demand for holiday homes, Matt Stevenson, Senior Commercial Banker at Private and Commercial Bank, Arbuthnot Latham discusses whether this surge is just a short-term situation […]

Holiday Villa Accommodation – Is It ‘Commercial’?

Mark McLaughlin highlights a tax case in which HMRC challenged a loss relief claim in respect of a holiday villa. Property businesses that provide residential accommodation tend to be profitable in most cases. However, unfortunately, losses sometimes arise. For example, an individual may incur losses in the early years of […]