A Welsh estate agency claims it was forced out of business after a tax raid on second homeowners sent demand plummeting. Jane Edwards, who manages Pembrokeshire Properties, said the policy was “the nail in the coffin” for business and now it will cease trading at the end of October.... ... Carol … [Read more...]
Second Homes Council Tax to Drop in Pembrokeshire
Second homes council tax premiums in Pembrokeshire are to drop from the current 200 per cent rate to 150 per cent ... Western Telegraph - 18th October 2024 … [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 Homes’ Council Tax – BBC Radio 4 Today Programme Interview
BBC Radio 4 Today Programme Interview - Friday 6th September 2024 Today - 06/09/24 - How will UK tackle the trafficking gangs? - BBC Sounds at 2.40 … [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...]
This town tripled council tax on second homes. Here’s what happened
..“The situation is a nightmare — total disaster,” says Carol Peett, who founded the property consultancy West Wales Property Finders http://www.westwalespropertyfinders.co.uk. She lives in Narberth and helps people to relocate. Second homeowners can swerve the inflated council tax for a year by putting … [Read more...]
Why Britain’s second home boom is well and truly over
Aside from Article 4, government reforms have impacted demand, especially in Pembrokeshire, says Carol Peett of West Wales Property Finders http://www.westwalespropertyfinders.co.uk. In England, to qualify for business rates, a holiday home must be available for letting 140 nights a year and actually let … [Read more...]
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