25 May 2021
Holiday home ownership: why there’s never been a better time to buy
The summer of 2020 was all about staycations. And with far-flung travel off the agenda for at least a little while longer, the trend has continued well into 2021. Although the recent pandemic has resulted in countless UK holiday converts, we’ve seen many guests go one step further and commit to the second home lifestyle.
Here are just a few reasons behind the recent rise in holiday home ownership, and why we feel UK stay-cays are here for the long haul.
A luxury experience
When it comes to UK holidays, it’s all about location, location, location. But gone are the days of dated seaside resorts and run-down holiday parks. Today, it’s all about boutique retreats with beautiful interiors in even more stunning locations. We’re talking private hot tubs, state-of-the-art kitchens, and first-class spa facilities just a stone’s throw from your door.
So, if you’re now able to work-from-anywhere, or want to enjoy extended weekend getaways without flights or long drives, then a luxury holiday home really does feel a whole world away.
Staycations are here to stay
Research conducted by Schofields showed that 19% of all holidays in 2019 were in self-catering accommodations such as holiday cottages. What’s more, according to YouGov, 30% of 25-49-year-olds say they would consider swapping a holiday abroad for one in the UK to reduce the impact of travel on the environment.
Attitudes to travel have changed, so whether you let your property part-time or simply offer it to friends and family, you’ll never be short of takers. Plus, with demand only likely to grow in the future, there’s a high chance that your property will only increase in value too.
The ethical choice
Many newly-built lodges have a strong focus on sustainability. As they are built on landscaped parkland, the homes aren’t being taken away from locals, and so, in turn, communities aren’t being priced out of their hometowns.
Plus, many are also crafted from sustainable materials, are incredibly energy efficient, and are designed to be in keeping with the natural landscape.
Hands-off, hassle-free rental
If you have plans to rent out your holiday home, then buying within a holiday park ensures the rental side of things is super simple. Everything from maintenance fees to marketing costs are taken care of. You’ll often be able to choose how many weeks of the year you let your holiday home, and can also be advised on when and how long to rent your property for in order to get the best return. What’s not to love?
If you’re planning on investing in your very own holiday home, head over to our Residences website and discover more about the benefits of ownership.