High Council Tax and mortgage rates are making holiday homes unaffordable - leaving the market flooded with cottages no one wants to buy say Rachel Mortimer and Jack Simpson. ....Local Authorities in Wales have been able to charge extra council tax on second homes and vacant properties since 2017. ... A glut of … [Read more...]
Wales crackdown on second homeowners in county dubbed ‘Little England’ massively backfires
A mass exodus has occurred in one iconic seaside town as homeowners have been forced to sell up. Second home owners are packing their bags and abandoning their second homes in Tenby One of Wales’ top seaside towns risks becoming empty of tourists as a hike in council tax on second homes … [Read more...]
Wales’s second homes crackdown is in tatters (England take heed)
Policy to double council tax charges on additional properties has had bleak repercussions for locals. Tenby’s cobbled streets are littered with “for sale” signs. A look in the window of any of its six estate agents shows a kaleidoscope of pretty pastel-coloured properties for sale. More than a quarter of … [Read more...]
What’s Next for Europe’s Second Homes Market?
Hostility from locals and governments, rising property prices and escalating running costs are changing the landscape for holiday home ownership in Europe. Can adapted models, modes and buyer attitude forge a friendlier path ahead?.... ...Many countries - including Portugal, Greece and, shortly Spain, - have since … [Read more...]
The best places to live in Britain’s National Parks
Property experts reveal where to buy .... The Pembrokeshire Coast National Park, Wales What's the attraction? Talk to anyone who has visited Pembrokeshire and it won't be long before they refer to the national park as the 'new Cornwall'. They have a point – Pembrokeshire Coast NP has the wild, untamed beauty of … [Read more...]
Second homeowners use loophole to avoid 300pc council tax
Second home owners in Wales have been accused of side stepping council tax bills by listing their properties for sale with no intention of selling.... ... Carol Peett, of West Wales Property Finders http://www.westwalespropertyfinders.co.uk, said second home owners faced with “astronomical bills” in hotspots such … [Read more...]
Second home tax rules are driving people away from Tenby’ as businesses complain of tough summer
...Second home owners can also swerve council tax for a year by putting their homes up for sale. Pembrokeshire-based property expert Carol Peett of West Wales Property Finders says she has never known as many properties up for sale in Pembrokeshire as there are now. "Not all of these people are big business people," … [Read more...]
The eight villages where you can buy a stunning property AND be embraced by the locals
...Indeed, there is considerable ill-feeling towards the politicians who have set rules requiring second homes to pay treble council tax . 'Newport is a prime example of a village with an abundance of small cottages on the market,' says Carol Peett of West Wales Property Search … [Read more...]
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