House prices in various UK holiday hotspots have plunged since some local authorities have introduced higher council tax charges on second homes or holiday lets, and many owners of such properties have put their homes on the market.
Despite lower prices for homes in areas such as coastal Cornwall, Dorset, parts of Wales and other UK resorts, many homeowners have been struggling to sell in these areas – even though borrowing has become cheaper and UK lenders have relaxed their mortgage stress tests following changes to Bank of England guidance in March.
We’d like to hear from people who have been trying to buy a home in one of the UK’s popular holiday areas. Have properties in your area become affordable for you in recent months? If you have actively been trying to buy a property in such an area but have not yet succeeded, tell us why.
We’re also keen to hear from people who have recently bought a property in a popular UK resort, whether a first home, primary residence, second home or investment property. Share your experience or concerns.
Finally, we’d like to hear from people who have been trying to sell their second home or holiday let in such an area recently.
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