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Holiday homes

Journalist: Melissa Lawford, The Telegraph

ended 19. April 2023

ONS data out this morning shows a jump in the number of people using holiday homes in the UK between 2011 and 2021, and a drop in the number of people using overseas holiday homes over the same period. Have you witnessed new demand for British second homes as people sell up overseas? What are the reasons people are doing this? Is it tied to the staycation boom/Brexit/the changing demographics of holiday home owners?

2 responses from the Newspage community

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Editor
Kate Allen
Owner at Finest Stays
Demand for second homes in the South Hams reached fever pitch through the decade, along with the occupancy levels of holiday homes making them an attractive source of passive income. The Great British holiday is a much improved experience which rivals the overseas options. Long gone are the days of suffering a damp smelling cottage kitted out with Granny’s old pine furniture. Today’s discerning holiday maker can expect instagram-worthy interiors without needing to stay in a bijou parisien apartment, and coastal scenes to rival the very best of the Med.
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Joe Stallard
Director and Advisor at House and Holiday Home Mortgages
The areas of the UK that people travel to has broadened over the last few years.

Holiday in traditional areas such as the Cotswolds, the Lakes and the south coast has remained strong, but we've seen more demand for property in other areas that aren't perhaps so seasonal; Norfolk, Northumberland, Yorkshire - all these areas attract walkers and holiday makers all year round.

Add in the fact that it's increasingly easy to find quality stays in the UK, and it becomes apparent that people are wanting to make a UK break or two part of their annual plans.