How to Scale to 200+ Units

How to Scale to 200+ Units

HOW TO SCALE SERVICED ACCOMMODATION TO 200+ UNITS I recently interviewed 5 serviced accommodation businesses for The SA Podcast, finding out more about how they scaled up. Between the 5 businesses they operate or manage just over 200 units, and they had lots of...
Business Rates in Serviced Accommodation

Business Rates in Serviced Accommodation

Business rates are the commercial equivalent of council tax and apply to all commercial property including retail, office and industrial. Qualifying as “Furnished Holiday Lets”, serviced accommodation is eligible to pay business rates rather than council tax. As a...
Feasibility and Deal Analysis in Serviced Accommodation

Feasibility and Deal Analysis in Serviced Accommodation

Getting feasibility – or deal analysis – right is critical to your success as a serviced accommodation operator. You need profitable properties in order to scale successfully, and detailed feasibility reports will ensure you can identify which properties will be...
Reducing Your VAT Bill

Reducing Your VAT Bill

Reducing Your VAT Bill (Legally!) While residential property is VAT exempt, Serviced Accommodation income – as a form of business income – is not.  This means that once you hit the VAT threshold (currently £85k turnover per annum), you need to start charging VAT on...
Terms and Conditions in Serviced Accommodation

Terms and Conditions in Serviced Accommodation

Residential tenants are heavily protected by law, and even if they violate the tenancy agreement, it can be a long and costly process to evict tenants from your property. Many landlords have been stung by this, and as a result are extremely wary of who they hand...