Double Council Tax!!

Tabieth

ReadySteadyPop 
Ok, looks like the principle idea is the same all over though, scare off second home owners and get them to sell (at a heavy discount) to a local? Problems might be that it won`t discourage AirBnB and larger companies that hoover up property for rentals?

I imagine it’s more that Local Authorities are very cash strapped (some are effectively bankrupt) and Council Tax is their main way of raising funds. 

uralmaid

I live in a small village near the sea.  There are a number of caravan parks in the village.  When we moved here there were 2 pubs but one has now closed. The other one mostly only opens when the caravanners are here and in the winter the village is dead. We do have a shop and garage and a fish and chip shop but that only opens for the caravan season too.  Funnily though whenever houses come up for sale it is nearly always people who have had a caravan here in the past who buy them, then moan that everything is closed in the winter (but when the pubs do open - it's mostly the caravanners who use them and not the locals)

artyboy

lincroft1710 said:

Bookworm105 said:

ReadySteadyPop said:

sheramber said:

ReadySteadyPop said:

https://www.bbc.co.uk/news/articles/cvg9y544wx3o

Looks like it might not be totally straightforward to just sell a holiday home?

Suffolk wasn't in Wales the last time  I Iooked.

It also seems to be in an area with many second homes , which may not apply to the OP's  house.


Their increased charge was already 100% which hasn't seemed to make any difference so hve now increased it to 150%. 

Thier intention is to increase the supply of houses for locals.  

If prices drop than that is to the benefit of any local buyers.

Not sure what you mean, the article is about Wales.

"Tom Williams has reduced the asking price for his house in Gwynedd by £40,000"

 the OP was talking about their Suffolk property, which is not subject to the specific actions of Welsh councils responding to strong anti second home sentiment from their electorate..

About 40 years ago some of the more extreme "electorate" had a different way of giving second home owners "a warm welcome"

Ah yes...

https://youtu.be/4O79Glps-DY?feature=shared

Bookworm105

lincroft1710 said:

Bookworm105 said:

ReadySteadyPop said:

sheramber said:

ReadySteadyPop said:

https://www.bbc.co.uk/news/articles/cvg9y544wx3o

Looks like it might not be totally straightforward to just sell a holiday home?

Suffolk wasn't in Wales the last time  I Iooked.

It also seems to be in an area with many second homes , which may not apply to the OP's  house.


Their increased charge was already 100% which hasn't seemed to make any difference so hve now increased it to 150%. 

Thier intention is to increase the supply of houses for locals.  

If prices drop than that is to the benefit of any local buyers.

Not sure what you mean, the article is about Wales.

"Tom Williams has reduced the asking price for his house in Gwynedd by £40,000"

 the OP was talking about their Suffolk property, which is not subject to the specific actions of Welsh councils responding to strong anti second home sentiment from their electorate..

About 40 years ago some of the more extreme "electorate" had a different way of giving second home owners "a warm welcome"

@lincroft1710 indeed they did, and Not The Nine O'Clock News did an excellent skit on it
https://www.youtube.com/watch?v=4O79Glps-DY

artyboy

Bookworm105 said:

lincroft1710 said:

Bookworm105 said:

ReadySteadyPop said:

sheramber said:

ReadySteadyPop said:

https://www.bbc.co.uk/news/articles/cvg9y544wx3o

Looks like it might not be totally straightforward to just sell a holiday home?

Suffolk wasn't in Wales the last time  I Iooked.

It also seems to be in an area with many second homes , which may not apply to the OP's  house.


Their increased charge was already 100% which hasn't seemed to make any difference so hve now increased it to 150%. 

Thier intention is to increase the supply of houses for locals.  

If prices drop than that is to the benefit of any local buyers.

Not sure what you mean, the article is about Wales.

"Tom Williams has reduced the asking price for his house in Gwynedd by £40,000"

 the OP was talking about their Suffolk property, which is not subject to the specific actions of Welsh councils responding to strong anti second home sentiment from their electorate..

About 40 years ago some of the more extreme "electorate" had a different way of giving second home owners "a warm welcome"

@lincroft1710 indeed they did, and Not The Nine O'Clock News did an excellent skit on it
https://www.youtube.com/watch?v=4O79Glps-DY

I hate flipping repeats...

lincroft1710

Bookworm105 said:

lincroft1710 said:

Bookworm105 said:

ReadySteadyPop said:

sheramber said:

ReadySteadyPop said:

https://www.bbc.co.uk/news/articles/cvg9y544wx3o

Looks like it might not be totally straightforward to just sell a holiday home?

Suffolk wasn't in Wales the last time  I Iooked.

It also seems to be in an area with many second homes , which may not apply to the OP's  house.


Their increased charge was already 100% which hasn't seemed to make any difference so hve now increased it to 150%. 

Thier intention is to increase the supply of houses for locals.  

If prices drop than that is to the benefit of any local buyers.

Not sure what you mean, the article is about Wales.

"Tom Williams has reduced the asking price for his house in Gwynedd by £40,000"

 the OP was talking about their Suffolk property, which is not subject to the specific actions of Welsh councils responding to strong anti second home sentiment from their electorate..

About 40 years ago some of the more extreme "electorate" had a different way of giving second home owners "a warm welcome"

@lincroft1710 indeed they did, and Not The Nine O'Clock News did an excellent skit on it
https://www.youtube.com/watch?v=4O79Glps-DY

I remember that, so funny

Bookworm105

artyboy said:

Bookworm105 said:

lincroft1710 said:

Bookworm105 said:

ReadySteadyPop said:

sheramber said:

ReadySteadyPop said:

https://www.bbc.co.uk/news/articles/cvg9y544wx3o

Looks like it might not be totally straightforward to just sell a holiday home?

Suffolk wasn't in Wales the last time  I Iooked.

It also seems to be in an area with many second homes , which may not apply to the OP's  house.


Their increased charge was already 100% which hasn't seemed to make any difference so hve now increased it to 150%. 

Thier intention is to increase the supply of houses for locals.  

If prices drop than that is to the benefit of any local buyers.

Not sure what you mean, the article is about Wales.

"Tom Williams has reduced the asking price for his house in Gwynedd by £40,000"

 the OP was talking about their Suffolk property, which is not subject to the specific actions of Welsh councils responding to strong anti second home sentiment from their electorate..

About 40 years ago some of the more extreme "electorate" had a different way of giving second home owners "a warm welcome"

@lincroft1710 indeed they did, and Not The Nine O'Clock News did an excellent skit on it
https://www.youtube.com/watch?v=4O79Glps-DY

I hate flipping repeats...

As you may know, when logging on to a thread you are presented with the first comment made after you last looked at it. That was that comment. Sorry I did not read to the end before replying to the person who picked up on my comment. 

ReadySteadyPop

TroubledTarts said:

ReadySteadyPop said:

TroubledTarts said:

FlorayG said:

I've been reading this thread with interest. I own a small cottage in a holiday town, it's rented out to a local but she's leaving soon and I intend to sell it. I wonder if it will be bought by another local or by someone who wants a second home or even by someone who wants to let it as AirBnB?

Still seems to be good business in Airbnb in the right areas, a few more hoops to jump through now.

Even when good holiday location properties come up locals can't always afford them (depending on the area)

A company we are staying with in the Cotswolds soon seem to be buying up any property in the village we are going to as their portfolio has tripled in the last few years. No signs of holidaying in popular spots subsiding.

Things can turn very quickly, if we entered a recession for example, companies like this (how are they viewed by the locals?) will probably go bust relatively fast.

actually, if you look at recession information people often holiday back in the UK with staycations.

I really do wish you would research first before you start things as fact

https://www.theguardian.com/travel/2009/aug/13/uk-recession-travel-holidays-staycation

https://the-cfo.io/2010/09/27/recession-gives-british-holiday-industry-a-boost/

When a recession ends people flock abroad but during they are more likely to holiday in the UK.

Those articles are from 2009/10 when base rate dropped to 0.5%, jobs were still relatively easy to find (maybe not your chosen sector, but still a job) That isn`t the case now, and central banks were embarking on the biggest money printing experiment in history, AND people had much lower mortgage debt and lower debt in general, so no there is no comparison with today where in actual fact it is cheaper in many cases to holiday abroad than in the UK. I am talking about a proper recession (last one that really hurt people was 1981) with large scale job losses. The world today with "tariff wars" etc. is utterly and completely different to the world of your articles.

ReadySteadyPop

Grumpy_chap said:

ReadySteadyPop said:

Ok, looks like the principle idea is the same all over though, scare off second home owners and get them to sell (at a heavy discount) to a local? Problems might be that it won`t discourage AirBnB and larger companies that hoover up property for rentals?

That does seem to be the idea.
There is no guarantee, even if the idea is successful, that it will make property affordable to local residents.
The second-home owners / holiday makers spend money in the area when there and that spend creates a certain type of employment.
If that spend is eliminated, there needs to have been a strategy in place to create some alternative employment base.  One may expect that the LA will use the revenue collected from second-home CT premium to encourage that alternative business investment to the area...

Or will they just use it to plug holes in their budget and deal with short term funding problems rather than have a proper plan for the future ( A classic example of a council without a plan B was Aberdeenshire council, their plan for the next 100 years was Oil Oil  Oil and more Oil!) One of the problems is that so many people overpaid for second homes during the stamp duty scam and during the "race for space" during Covid that they are reluctant to sell and take the loss, in more sensible times when a cottage by the sea wasn`t quarter of a million quid a scheme like double (or more) council tax to free up homes for locals would have seen a mass sell off by all but the really well off?

ReadySteadyPop

lincroft1710 said:

Bookworm105 said:

ReadySteadyPop said:

sheramber said:

ReadySteadyPop said:

https://www.bbc.co.uk/news/articles/cvg9y544wx3o

Looks like it might not be totally straightforward to just sell a holiday home?

Suffolk wasn't in Wales the last time  I Iooked.

It also seems to be in an area with many second homes , which may not apply to the OP's  house.


Their increased charge was already 100% which hasn't seemed to make any difference so hve now increased it to 150%. 

Thier intention is to increase the supply of houses for locals.  

If prices drop than that is to the benefit of any local buyers.

Not sure what you mean, the article is about Wales.

"Tom Williams has reduced the asking price for his house in Gwynedd by £40,000"

 the OP was talking about their Suffolk property, which is not subject to the specific actions of Welsh councils responding to strong anti second home sentiment from their electorate..

About 40 years ago some of the more extreme "electorate" had a different way of giving second home owners "a warm welcome"

Yes, used to be in the news a lot, but more recently than 40 years ago? When did that stop being a real risk of owning holiday homes?