Peak District in the centre of England is the first National Park declared thus in the British Isles. It is the second most visited national park in the whole world, next only to Mount Fuji National Park in Japan. Stay at a luxury holiday cottage and go around the district seeing the sights and recharging yourself for your next go at a stress-filled life.
The Peak District, lying mostly in Derbyshire, stretches down to the National Forest in the south. For the nature lover, there are landscapes of leafy forests, rugged moorland, rolling hills and dales, and lush meadows in the park.
The district is not just about scenery and greenery, however. There are historic castles, museums giving glimpses into life in ... (Read More)
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Paddock House Farm Holiday Cottages is a cluster of six cottages of varying sizes located on a 35-acre ground in the Peak District National Park in Derbyshire. The holiday accommodation provided range from a one-bedroom two-person cottage to three-bedroom cottages that can accommodate eight persons. The six cottages together can accommodate a group of 35 persons.
The cottages are self-catering cottages with fully equipped kitchens, cooking and serving utensils and dining facilities.
The location is great if you like to holiday amidst greenery and also spend your time visiting places and structures of historical significance. The 35-acre ground housing the cottages has gardens, grassland and tree-lined drives. And the Peak District in the centre of England has numerous attractions to offer the ... (Read More)
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Under Section 55 of the Capital Allowances Act 2001, persons might be entitled to balancing allowances and liable for balancing charges when a long-life asset is sold. These are computed separately for each pool of qualifying expenditure. If the qualifying expenditure is less than the amount received on disposal of the asset, the person is entitled to a writing-down or balancing allowance.
On the other hand, if the amount received on disposal is more than the qualifying expenditure, the person is liable for a balancing charge to the extent of the excess of disposal receipts over qualifying expenditure. In effect, the person will have to pay tax avoided earlier through capital allowance claims.
There rules and provisos that increase or reduce the ... (Read More)
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Cottages for holiday trips come in different flavours. Some are budget and others are luxury. While the cheap holiday cottages come with the essentials, the luxury ones can offer you the feel of living in a grand house with gardens, tree-lined walkways and an outside BBQ and picnic tables, for example.
The luxury cottages themselves come with a fully equipped kitchen and great lounging and sleeping facilities. The location of the cottages is such that they are able to offer great views that pleases the eye and soothes the mind.
The Paddock House Farm Holiday Cottages
Located on a 35-acre ground inside the Peak District National Park at Alstonefield, Ashbourne in Derbyshire, the Paddock House Farm Holiday Cottages are luxury self-catering holiday ... (Read More)
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PreviousBuy Land Abroad
Buying land abroad can be an excellent investment option. However, just like any other investment, land investment also needs to be done with due diligence. Let us first look at why investment in land is such a good idea.Land is limited in availability. In practical terms, land is not something that you can create. As demand for land goes up, it will have to be met with existing availability and this means that prices will go up.The issue before land investors is to select property in areas where demand is likely to go up fast. Not all land will meet this criteria. For example, in areas where population is declining, demand for land is not likely to go up much. Similar is the case for areas where significant economic development is not likely to take place.Once you have identified an ideal location for land investment you have to start the due diligence process. Key issues to consider are:
- Does local government laws and regulations allow foreign citizens to get freehold title to land property?
- Are local land records maintenance system foolproof enough to identify each piece of property uniquely?
- Does the records maintenance system ensure that ownership and other charges such as mortgages can be clearly identified without dispute?
- Are there any prior charges on the piece of land you are planning to buy?
- How will you arrange to manage the property overseas till it can be sold at a profit?
- If you plan to add value to the property, how will you manage this exercise in a cost-effective manner?
As land is not mobile, you cannot take it with you and will have to organize its management remotely unless you plan to move house to the country where the property is located. Hence reliable agents and facilities must be available for managing it from where you are.Provided you do the due diligence properly, buying land abroad is an investment that can produce exceptionally high returns to investors.Land Abroad
In a separate post on Buying Property Overseas we look at the desirability of investing in land in overseas countries. We said there that if the location is selected considering its growth potential and a proper due diligence exercise is carried out, investment in land abroad can produce excellent returns.In this post we look at one such land investment opportunity, viz. investment in the Caribbean island of Cayman. Caribbean islands are popular tourist destinations with superb beaches on the deep blue waters of the Caribbean Sea. A villa near the beaches that blends beautifully into the Caribbean environs is a dream not only for the tourists but also for permanent residents seeking to spend their retired lives in a more enjoyable location.That is just what an investment in a land plot in the Cayman Islands could provide you. The Cayman is a British Overseas Territory in the Caribbean, governed under British Common Law. It has a governor appointed by the British Monarch and a democratic parliament elected by local citizens. The Cayman is not only a top tourist destination but also the fifth largest financial center in the world with nearly a thousand bank offices in its capital, George Town.The Cayman government allows freehold foreign ownership of land and the island also has an excellent system for maintaining land records. Each piece of land is identified by a unique Block and Parcel number allotted by the Lands & Survey Department. There is a planning department that keeps track of land use and ensures that quality of life is maintained through proper zoning of residential and commercial areas.The Cayman consists of three main islands, each of them with its own unique ambiance. Grand Cayman is a developed place with all modern conveniences, including hotels & restaurants, extensive shopping and an international airport with regular flights to U.S. and Europe. Cayman Brac has lush forests with walking trails, and a world-class rock climbing facility. Little Cayman is indeed a quaint little place, just one mile wide but with the world's top wall-diving facility.Developed land plots are available in all the three islands for investors seeking to invest in land abroad.
