
Holiday lets have become an expensive investment in recent years. A hike in stamp duty and council tax premiums, as well as the end of the furnished holiday lettings tax scheme, have been pushing up costs for second homeowners and biting into profits.
However, amid seemingly relentless sunshine and fewer rainy days in the UK this year, a number of Brits are deciding to holiday closer to home.
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What are the most profitable holiday let destinations in the UK?
Location |
Growth in bookings (%) |
---|---|
Brixham, Torbay |
62% |
Teignmouth, Devon |
32% |
Saundersfoot, Pembrokeshire |
31% |
Newborough, Anglesey |
30% |
Paignton, Torbay |
25% |
Porthmadog, Gwynedd |
25% |
Warkworth, Northumberland |
25% |
Bideford, Devon |
24% |
Weston-super-Mare, North Somerset |
23% |
Morecombe, Lancashire |
22% |