Second Homes numbers surging, despite tax and anti-landlord sentiment

Second Homes numbers surging, despite tax and anti-landlord sentiment


Todays other news
The tenant was in hospital when he was evicted illegally...
The latest DPS survey makes gloomy reading for the sector...
The Buckinghamshire Building Society does not lend to portfolio landlords...
A survey of landlords has produced an unexpected result...

Despite Cornish local authorities increasing taxes and voting to ban new builds being sold as second homes, there’s been an increase in the number of holiday properties in the county.

New government figures show Cornwall now boasts over 14,000 second homes, some 7.5% up on a year ago. 

Under government statistical rules, ‘second homes’ applies to furnished properties that aren’t classified as a main residence – this includes holiday rentals like Airbnbs and long-term empty second homes. 

Cornwall is well ahead of second place North Yorkshire trailing with 8,572, and Kensington and Chelsea third with 7,667. 

Nationwide, the trend of acquiring a second property is on the ascent, with the Ministry of Housing, Communities and Local Government reporting a total of 279,870 second homes across England – that’s an increase of 16,552 from 2023, and a substantial jump of 22,957 since 2022, translating to 8.9% growth over two years.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Ben Twomey, who leads an activist group, is writing in...
Right to Buy has become far less popular already, the...
Research has been conducted with HSBC UK...
The warning comes alongside a relatively upbeat housing market snapshot...
A mortgage chief is warning that thousands of buy to...
Growing arrears, falling yields and new laws make 2025 a...
The controversial proposal is backed by the Welsh Government...
Recommended for you
Latest Features
Inflation figures come out on Wednesday - and they're not...
A high profile holiday lettings firm gives its predictions for...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here