Saltmoore, Sandsend, Whitby, North Yorkshire, YO21 3SY

Created by renowned designer, Holder Mathias Architects, in collaboration with leading interior designers, the lodges draw inspiration from their natural surroundings, reflecting the soft blue tones of beach pebbles and the muted grey-green of dune grasses. 

Expansive, open-plan kitchens with floor-to-ceiling windows and sliding glass doors lead to a large private front terraces, creating a harmonious blend of indoor and outdoor living spaces. 

Each lodge includes private parking and is perched in an elevated location, offering stunning views of the rolling countryside and the sea. 

Enjoy the best of the seaside with private front terraces and secluded rear courtyards, perfect for soaking in the coastal ambiance. Saltmoore House’s luxury amenities are just a short walk away.

To maximise tax efficiencies, freehold plots for each of the holiday homes have been transferred into limited company Special Purpose Vehicles (SPVs) and Construction Agreements put in place between the SPVs and Developer whereby the SPV pays for construction works through a single payment upon completion of the works.

This means the plots can be acquired through share purchases - so the only tax payable is Stamp Duty Reserve Tax (SDRT) at 0.5% on the share purchase price – with the construction works paid through a single payment upon completion. No Stamp Duty or VAT is payable for construction services, meaning taxes as a proportion of the total Purchase Price should be less than 0.1%.

Additionally, holding the holiday homes within a limited company structure allows owners to benefit from full finance cost tax relief going forward – protecting them from changes to Furnished Holiday Let (FHL) tax rules that apply from April 2025.

As the use of the holiday homes is restricted to visitor and cannot be used as a sole or main residence, the properties will be subject to business rates rather than council tax, avoiding the local surcharge on second homes.

LEGAL STRUCTURE:
• The freehold titles for the plots include the following key provisions:
• The right to park a motor vehicle in an allocated space close to the property
• Rights to enjoy the 80-acre wooded estate and communal refuse areas
• Estate Charges payable towards sitewide managed services
• Use as ‘holiday homes’ to be managed by approved letting agencies
• Owners to arrange their own buildings insurance These provisions will ensure a sustainable and well managed Estate , for the collective benefit of the holiday home owners, guests, and businesses alike.