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Second home ownership pushes up property prices in top spots in UK, research shows

  • Thread starter Nicholas Wallwork
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Nicholas Wallwork

Nicholas Wallwork

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Second home ownership drives up prices in the UK in areas with a high concentration of these types*of property and the effect is not just limited to the popular south coast towns, research reveals.

The impact can be dramatic and with demand for second homes increasing the divide between local*and second markets looks set to continue widening, according to a report from Knight Frank.



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johnwww

johnwww

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There are various factors at work to determine how property prices will fare in the future, however one of the strongest drivers is a continuing shortage of housing.
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