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UK Property

UK’s most expensive seaside town ‘abandoned by tourists’ after new £10 charge

Lloyds said in May that the average property price in Salcombe in Devon is £970,657, down 22% when compared to 2022, when the figure stood at more than £1.2 millionSalcombe in Devon is usually a hotspot for tourists(Image: Getty Images)A new £10 parking fee is deterring day-trippers from visiting Salcombe, recently dubbed the UK's priciest coastal spot. Lloyds reported in May 2024 that the average property price in the Devon town has dropped to £970,657, a 22% decrease from 2022's figure of over £1.2 million.Rightmove's August rankings listed Sandbanks and...
UK Property

Areas where second home owners will pay more than £10k in council tax | UK | News

Some second home owners will have to pay more than £10,000 per year from April after local authorities begin charging 100 percent council tax on additional properties. In an effort to balance the books and reduce pressure on local house prices, many cash-strapped authorities in popular tourist areas will increase the tax due to an act passed last year.According to data by property website Hamptons, 157 properties will be charged more than £10,000 in council tax, in regions such as Dorset, Bristol, Nottingham and Devon.In Rutland, seven properties deemed as Band...
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