Holiday let vs long-term let
£1 = €1.1700 (fallback)
Furnished Holiday Let rules were abolished from April 2025: no full mortgage-interest deduction, no capital allowances on new spend, no pension relevance. Holiday lets now get only a 20% interest credit — the same as long-term lets.
Long-term let
StableGross income£16,800
Running costs£-5,016
UK income tax£-2,464
Net after tax£9,320
Mortgage interest£-11,250
Monthly cashflow
£-161
Net yield
3.11%
ROI on cash
-2.14%
Holiday let
High hassleGross income£28,105
Running costs£-11,632
UK income tax£-4,339
Net after tax£12,134
Mortgage interest£-11,250
Monthly cashflow
£74
Net yield
4.04%
ROI on cash
0.98%
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Typical 60–70% LTV for UK buyers. See current rates.
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