Top Tip – You have to keep all your records for what seems like forever! Make sure you have somewhere to put them all. You will find in a lot of Guest Houses there will be cupboards bulging with stuff everywhere you go. The previous owners should take any stuff up to the date of completion with them as the tax man can ask for it. So build in any stores or closets you can as after seven years you will have an awful lot of files that need a home.

Top Tip – make sure that the people you are buying from have all their bills paid up to date as you don’t want to be lumped with their Gas, Electric and butchers bills. It can be very unpleasant if you have tradesmen turning up at your door wanting money.