Tag: Cornwall
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Are Holiday Homes Really to Blame for Soaring House Prices?
New research suggests holiday lets aren’t responsible for the housing crisis. Holiday lets are not the main cause of Britain’s housing affordability issues, a new report by accountancy firm EY has found. Despite rising property prices, currently averaging £290,000, the study claims there’s “little to no relationship” between the growth of holiday lets and the…
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London Second Homes are Worth £6 BILLION!
Fancy a second home in Kensington and Chelsea? You’ll need deep pockets – properties here are worth a staggering £6 billion! New research has revealed that London’s poshest neighbourhoods boast the most expensive second homes in the UK. Estate agent Benham and Reeves found Kensington and Chelsea’s second home market is worth a cool £6…
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Royal Family Earning £1.4 Million a Year from Holiday Lets!
It’s not just the Crown Jewels that are bringing in the cash for the Royals. It turns out that the family is making a cool £1.425 million a year by letting out their holiday homes to the public! A Royal Investment Portfolio The royal family has four main properties open to the public for holiday…
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Sandbanks Tops the Charts for the UK’s Highest Seaside House Prices
Dreaming of a house by the sea? Be prepared to splash the cash in Sandbanks, Dorset! New research from Rightmove has crowned Sandbanks as the UK’s most expensive coastal area, with homes there fetching an eye-watering average of £1,582,331. Luxury Living Along the Dorset Coast The study, which crunched the numbers on over 200 coastal…
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Dream Holiday Home Could Cost You 56% Extra!
Thinking of escaping to the coast or countryside for good? It’s no secret that living in a popular holiday spot can be pricey, but new research reveals just how much extra you might have to shell out for your slice of paradise. A new study by Regency Living looked at 10 of the UK’s favourite…
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Second Home Dreams Fading – Is the Party Over for Holiday Home Owners?
The dream of owning a British holiday home, once a sure-fire investment and a chance to escape to the coast or country, seems to be losing its shine. New taxes, soaring interest rates, and a mountain of red tape are making life tough for second home owners, and it’s starting to show. Holiday Home Sales…
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Cornish Home Sales Plummet – Is the Dream of Living by the Sea Over?
Property sales in Cornwall have taken a nosedive, hitting their lowest point since the 2008 financial crash. But don’t panic just yet, there’s good news too! A new study by Bird & Co, using data from the Office for National Statistics (ONS), has revealed that Cornwall’s housing market is experiencing a major slowdown. The study…
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Rental Demand is On the Rise
Good news for landlords – the latest figures show that the demand for rental properties is starting to pick up! Rental demand is on the rise, especially in the south The number of tenants looking for homes has increased by 1.5% since the start of the year, according to research by Zero Deposit. This means…
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Smart Move? Holiday Let Owners Ditch Council Tax for Business Rates
As the cost of living continues to bite, many holiday homeowners are making a switch, turning their backs on ever-increasing council tax bills and opting for the business rate system instead. A Growing Trend According to estate agents Hamptons, 78,000 holiday lets were registered for business rates on March 31st 2024 – a significant jump…
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Seaside House Prices Weather the Property Storm
Love a bracing walk on the beach? You’re not alone! Homes by the sea are as popular as ever, with prices surging ahead of the rest of the UK. New research shows that living by the seaside is as popular as ever, with house prices in coastal areas soaring despite the sluggish property market elsewhere…