Campaigners say second homes and holiday lets are taking homes away from residents in hotspots such as Devon and Cumbria

The supply of new homes in some tourist hotspots is being almost completely negated by the rise of second homes and holiday lets, analysis has revealed.

In the Copeland area of the Lake District, which includes the beauty spot of Scafell Pike, there were 426 new homes created in the last three years. Over the same period, 407 existing homes were converted to commercial holiday lets or second homes.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

John Lewis boss Sharon White promises profits by 2026

The boss of the ailing John Lewis Partnership pledged to return it…

BrewDog pays £500k to winners of its gold-plated ‘solid gold’ beer can

Fools gold: Brewdog hid 50 cans made of what it claimed was…

‘Entrenched car culture’ leaves millions of Britons in transport poverty

Study finds drivers spending up to a fifth of pre-tax income on…