{"id":1027,"date":"2021-07-19T12:16:23","date_gmt":"2021-07-19T11:16:23","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=1027"},"modified":"2021-07-20T12:21:36","modified_gmt":"2021-07-20T11:21:36","slug":"staycation-nation-increases-value-of-holiday-lets","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2021\/07\/19\/staycation-nation-increases-value-of-holiday-lets\/","title":{"rendered":"\u2018Staycation nation\u2019 increases value of holiday lets"},"content":{"rendered":"<div class=\"hd-block hd-block-paragraph\">\n<p><strong>The UK has become a nation of staycationers,\nwhich in turn has caused the price of holiday homes to soar, according to\nresearch<sup>1<\/sup>.<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>The purchase price of holiday lets\nincreased by 12% between October 2020 (\u00a3387,993 on average) and March 2021\n(\u00a3435,476 on average), based on holiday home mortgage applications.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Sharp rise in mortgage\napplications the number of mortgage applications for holiday lets have also\nrisen sharply in the same time period, with March 2021 seeing a third more\nmortgage applications compared with October 2020.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Staycations \u2013 here to stay? <\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>International travel is still\nrestricted, with just a handful of countries on the government\u2019s \u2018green\u2019 safe\nlist, meaning that \u2013 for now at least \u2013 staycations will remain the holiday of\nchoice for the majority of British holidaymakers. So, it\u2019s unsurprising that\ncanny investors are snapping up holiday lets this year.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>A survey<sup>2<\/sup> shows that UK\ndestinations remain high on travellers\u2019 lists for 2021, with Cornwall, the\nScottish Highlands and Devon among the most sought-after destinations.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Looking to let?<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>If you\u2019d like to invest in a\nholiday let and take advantage of the staycation trend, get in touch. We can\nassist you in finding suitable mortgage finance for your needs.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>1<\/sup>Hodge,\n2021<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>2<\/sup>holidaycottages.co.uk,\n2020<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong><em>As a mortgage is secured\nagainst your home or property, it could be repossessed if you do not keep up\nmortgage repayments.<\/em><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The UK has become a nation of staycationers, which in turn has caused the price of holiday homes to soar, according to research1. The purchase price of holiday lets increased by 12% between October 2020 (\u00a3387,993 on average) and March 2021 (\u00a3435,476 on average), based on holiday home mortgage applications. Sharp rise in mortgage applications [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":1028,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,91],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/1027"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=1027"}],"version-history":[{"count":2,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/1027\/revisions"}],"predecessor-version":[{"id":1030,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/1027\/revisions\/1030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/1028"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=1027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=1027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=1027"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=1027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}