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To think there would be less of a housing crisis if people stopped buying second homes!

264 replies

Okunoshima · 18/12/2020 16:42

Before anyone says anything, I understand that some people have second homes as private rentals and understand the need for rental properties

What I'm talking about is people buying second homes as holiday homes to live in on weekends/holidays/lend out to their friends.

Where I live there are a huge number of houses used solely for this purpose, and a lot of these houses are 2 beds that would make great homes for couples or families to occupy permanently. Instead they sit empty most of the time, while residents are left with the option of trying to buy (not affordable for many) or trying to find something in the tiny pool of private rentals available.

I don't understand why people can't just use hotels/B&Bs etc. They would be contributing to the local economy by doing so, and creating employment.

OP posts:
Treehuggertastic · 21/12/2020 23:14

I love our second home. I could have sold our flat in London and worked a less well paid job locally and screwed my career or spent a fortune on daily commuting and thus childcare - but I wanted an escape for my hemmed in children that my good career could pay for. We spend more money in our village locally everything than we do in London. I have a cleaner and a gardener here, (neither in London) spend plenty at the pub weekly (rarely in London), order groceries from local shops, car is taken to local garage. We contribute what we can to the local community, donate to the food bank, ran a stall at the village fete two years ago etc.

We also pay two lots of council tax, paid second home stamp duty and my London job is highly taxed. I don’t feel bad at all for slogging my guts out for my holiday house. It has been so worth it.

We don’t fly abroad any more, I leave my car in the country and am much more environmentally aware partly because the countryside instils that so much more than the city.

VinylDetective · 22/12/2020 00:04

[quote JustoldLondonme]**@VinylDetective i am sorry you are in that position. Tough times in the 80's.

I wish you all the very best for xmas and the new yr @VinylDetective . x
[/quote]
What position do you think I’m in? I’m living in a £500k mortgage free house, I don’t think that’s a reason to be sorry, do you?

Graphista · 22/12/2020 00:21

@LuluJakey1

It's far more complex than you suggest I am guessing too from your comments that you're unaware of exactly how and why we have such low housing stock.

It wasn't JUST people buying council houses and taking them out of the stock, it was decisions and legislation by central govt to:

Stop properly maintaining the ones that were left

Stop allowing councils to replace housing stock - they were effectively banned from doing so. It wasn't and isn't because they don't want to!

We need to build affordable, decent council housing that remans as affordable decent council housing so people do not feel pressure to saddle themselves with 25 years of debt.

I totally agree

I also agree that our perspective on buying v renting is faulty and that's reinforced by how differently buyers and renters are treated.

Buyers can pretty much do what they like even to the direct detriment of others eg letting a flat go to ruin in a block and it affecting the stability and maintenance of the whole block (although here in Scotland we have some processes and laws that generally prevent that from occurring and tend to hold owners to SLIGHTLY higher standards and this is normal in our culture and has been for some years)

Renters meanwhile are treated as if they are at best an inconvenience and at worst as if the landlord is providing them with charity! There are few renters rights and what there are tend to be very poorly regulated and enforced.

Discrimination against tenants on benefits - which while now officially illegal landlords and agencies etc are still exploiting loopholes to exclude them from getting a home

Revenge evictions - where tenants are illegally evicted for daring to request the most minimal basic repairs and maintenance

Evictions without due process - in my area there's been in our local news about a particular landlord/agency who has apparently been taking deposits and first months rent and then in that first month changing the locks on tenants and throwing them out for no reason without even allowing them access to fetch their belongings. They've apparently been targeting less assertive, less informed tenants, mainly those with mild learning disabilities or women fleeing dv as they're less likely to know their rights and/or are reluctant to attempt to make sure they get them.

Poor quality and frankly unsafe housing of course.

I think I said already upthread but I personally think "landlord" should be a protected, regulated and maybe licensed profession.

Some Scots councils have lists of approved landlords etc but it's not a unified and overseen idea.

And just where do you expect food to be grown? The UK isn't one big building plot, the countryside isn't wasteland.

I agree and it ties in nicely with the premise of the thread.

Before more land is developed we need to bring back into housing stock as homes to be lived in permanently:

2nd homes

Properties being left lying empty permanently

Derelict and property in disrepair - there are 2 entire high rise tower blocks in the nearest town to me that have been allowed to fall into a terrible state, such a waste! Nobody will even invest the money to demolish and rebuild on the sites!

Former commercial properties that could be adapted or even again demolished and repurposed. There's a defunct ferry terminal area I'm aware of that apparently is suitable for building flats on but nobody will put the money in.

Shelter have been incredibly helpful to me when I have been in need of their services and I now take an interest in that charity and other homelessness charities and that even the properties that aren't second homes but are potential homes lying empty/unusable is also well into 100,000's (I understand it's a difficult statistic to accurately assess)

I've said on many threads on here that a good, properly planned social housing development strategy would have so so many benefits for the country

1 the obvious provision of homes

2 the creation of jobs and training opportunities - in so many ways not just trades work which is of course where many without academic ability often have a knack and ability to learn, but also all the associated industries! Materials provision, engineers, architects, admin support , logistics etc it would honestly create loads of jobs

3 a stimulus to the economies where social housing is most needed - as they are so often of course the same areas where there are few jobs, so the population isn't spending, which means shops and cafes etc struggle to find and maintain business

It seems utterly bonkers to me NOT to do it

Newkitchen123 · 22/12/2020 00:44

Sounds like you live in a touristy area
I probably couldn't afford the house I own if it was in a touristy area
Have you looked elsewhere?
The thought of a week long holiday in a hotel does not appeal to me at all
I want cooking facilities and space. I don't just want a bed. I don't want to get up and dressed for breakfast

VinylDetective · 22/12/2020 10:10

We’re talking about second homes, not holiday lets @Newkitchen123. I personally don’t have an issue with cottages that are a business and have pretty much full year round occupancy. I have a massive issue with second homes that stand empty for most of the year, their owners don’t support the local community, whatever they say - how can they when they’re there so little?

BabyStarling · 22/12/2020 10:47

Couldn’t agree more, OP. Second homes are a scourge where I live.

Xiaoxiong · 22/12/2020 10:51

Ugh this thread makes me worried - we are currently buying a house in a Cornish village for well below your arbitrary line @XingMing, which happens to be DH's hometown and near MIL. It will be our only home and our security, as we currently live in tied work accommodation which if DH gets fired we will have to leave immediately. We will get down as much as we can - currently we go 4-5 times a year and stay with MIL or rent a holiday let - and hope to rent it out other times if possible, but I'm sure there will be times when it is empty.

I'm afraid the neighbours will hate us Xmas Blush I don't know how to explain we aren't those evil second homeowners from London without putting up some kind of sign in the kitchen window!!

scentedgeranium · 22/12/2020 13:30

No they won't @Xiaoxiong. Having local links is deemed pretty acceptable round our parts. We don't all have pitchforks down here, tho I admit a few do! But no, your local links will help you considerably. Word will get round in a flash that the house has been bought by "Mrs X's lad. Remember him? Oh yes he used to go around with Y andZ. Lovely boy. I remember the time...."
In fact tell your DH to brace himself for rehashes of stories of old girlfriends and scrapes!

Xiaoxiong · 22/12/2020 14:06

scented DH wore his Pirates jersey when we went to view houses, for exactly that reason!! He doesn't know anyone in this particular village (loads of his friends from school with left Cornwall for work anyway) but he held forth to the estate agent about where he grew up and went to school and stuff. Hopefully she will spread some gossip round for us before we move in.

We wanted to view one house, but we had to show that we'd had a postcode within the two neighbouring postcodes in the last 5 years. DH was muttering about that for ages because he said very few people he grew up with would be able to prove that - they all had to leave for uni or jobs elsewhere.

scentedgeranium · 22/12/2020 14:14

@Xiaoxiong ideal! Sounds like your house might not be a million miles from mine judging by the Pirates shirt!

Requinblanc · 22/12/2020 14:22

People can do what the hell they want with their money. There is already a tax on buying second homes.

gottakeeponmovin · 22/12/2020 14:31

I like having a second holiday home. It's a good place to get away, I let it out which adds tourism in the locality which is vital to the local economy and it's creating a pension pot for when I grow older. If no one rented houses where you live I think you'd find the job market disappeared and you'd all end up selling your homes because there would be no work and no way to pay the mortgage. You are welcome.

VinylDetective · 22/12/2020 15:10

@Requinblanc

People can do what the hell they want with their money. There is already a tax on buying second homes.
Not a high enough one to deter them. 20% would do nicely.
XingMing · 22/12/2020 21:47

@Xiaoxiong. in your situation, I think you are buying a first home and somewhere long term for your family, and I don't disagree with your thinking. I get exercised when a poster says we've sold our forever home in a naice part of London for squillions, when they bought it 20 years ago for £160k, and are spending it on a flat in Knightsbridge and a two up two down in Cornwall. And if I may indulge my prejudices, generally well founded, they may well then decide they know how things should be organised and will get involved in local politics. Before the locals realise that there has been a coup, the incomers are in charge.

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