Second home sales have fallen off a cliff, a new analysis of property transactions has revealed, with higher mortgage rates and a council tax crackdown pushing the pandemic-fuelled holiday home boom into reverse. A record 26,290 second properties were purchased in 2021 as homeowners spent their lockdown savings and … [Read more...]
Time to Buy a Bolthole in Wales
A UK holiday home may sound like a luxury but it could be this year’s big earner. Surveys from economic consultancy PwC, online lettings firm Cottages.com, and Barclays Bank show that up to 76% of Britons plan a UK holiday in 2017. This, in part, is due to the price of foreign holidays which are up to 20% more … [Read more...]
Tenby – the Place to Invest in Buy to Holiday Let
For those looking to invest in buy-to-holiday-let, look no further than Tenby in Pembrokeshire. Four of the UK’s biggest holiday cottage companies have revealed that Tenby is one of this year’s most sought after holiday destinations. The UK Top 50 Search Report, which features search statistics as compiled by … [Read more...]
Tenby, Pembrokeshire, Named Top European Destination 2015
With four glorious sandy beaches, wonderful cobbled streets and grand pastel coloured Georgian houses standing proudly on the cliffs, Tenby is one of the jewels in Pembrokeshire’s crown. Its castle beach has been awarded the title of best beach in Europe and now the resort has come top in a list of the top European … [Read more...]
Buy to Let – The Best Investment
Buy to let landlords have enjoyed superb returns of nearly 1,400% since 1996, beating all other forms of investment, according to a report by Wriglesworth Consultancy for peer-to-peer lender, Landbay. £1,000 invested in a rental property in 1996 would have grown to £14,897 by last year, according to the research. … [Read more...]
Time to Invest in Holiday Lets
Nearly 800,000 foreign tourists flocked to Wales in 2014; around 100,000 more than in 2014. In the third quarter of the year the increase was 7.5% over the previous year, giving Wales’s tourist industry a major boost with an extra £9m spent, according to the Office of National Statistics. With Tenby’s Harbour Beach … [Read more...]
