FHL Losses

If a furnished holiday let property has brought forward losses and doesn't make a period of grace election and so is taxable as ordinary property income, if it meets the criteria to be a FHL in the following year will the losses previously accrued continue to be brought forward - the PIM isn't clear whether this would be seen to be a continuation of the original FHL business (within the 3 year period).

Hi,
You can see guidance here:
PIM4120 - Furnished holiday lettings: treatment of FHL losses for 2011-12 onwards
If a furnised holiday let makes a loss it can set it against FHL profits in a later year. However, a loss can only be carried forward against a profit of the same FHL business. 
Thank you.