It’s the norm now unfortunately. Lenders prioritise businesses like BTL over homes for people. The rate is more favourable. This needs to change in housing.
wkavinsky on
Dee is literally part of the problem for the locals – and living somewhere for a couple of years (while working a long way away in a city – Curbar is 12 miles from Sheffield Uni) doesn’t make you a local.
Especially when you moved there because “you though it would be cheaper than down south where you are from”
limeflavoured on
So what’s the answer? Ban tourism except for corporate hotels? I’m not sure that would help rural areas either.
random-villager- on
There seems to be a belief that if the holiday lets were sold off, they would suddenly be affordable. Most holiday lets are not going to be bought by young first time buyers.
A guy I know spent a fortune buying and converting two stone barns to high spec holiday homes in a remote village on the coast, and is working on a third. They sat empty for decades, why don’t the ‘locals’ do anything with them? The guests eat in the local pub, shop in the local shop and he employs two cleaners. Not to mention the local trades people who worked on them. Yet he is somehow a problem now? The houses are probably well over £500k if sold, so who will buy them?
Astriania on
Local councils need to be given control over planning consent for holiday lets. They can do this to some degree for ‘real’ holiday lets, but Airbnb somehow manages to avoid that regulation. That’s what really needs to change.
5 Comments
It’s the norm now unfortunately. Lenders prioritise businesses like BTL over homes for people. The rate is more favourable. This needs to change in housing.
Dee is literally part of the problem for the locals – and living somewhere for a couple of years (while working a long way away in a city – Curbar is 12 miles from Sheffield Uni) doesn’t make you a local.
Especially when you moved there because “you though it would be cheaper than down south where you are from”
So what’s the answer? Ban tourism except for corporate hotels? I’m not sure that would help rural areas either.
There seems to be a belief that if the holiday lets were sold off, they would suddenly be affordable. Most holiday lets are not going to be bought by young first time buyers.
A guy I know spent a fortune buying and converting two stone barns to high spec holiday homes in a remote village on the coast, and is working on a third. They sat empty for decades, why don’t the ‘locals’ do anything with them? The guests eat in the local pub, shop in the local shop and he employs two cleaners. Not to mention the local trades people who worked on them. Yet he is somehow a problem now? The houses are probably well over £500k if sold, so who will buy them?
Local councils need to be given control over planning consent for holiday lets. They can do this to some degree for ‘real’ holiday lets, but Airbnb somehow manages to avoid that regulation. That’s what really needs to change.