Saturday, October 20, 2007

Second homes

I see Gord and his chancellor have made it a lot more attractive to purchase 2nd homes now. really helps this area.

Posted by Anonymous to swanageview at 9:54 AM

8 comments:

Anonymous said...

With sites like http://www.taxsavingslimited.com/ which seem to help get round the tax loopholes, its not good for anyone trying to get their first home.

Anonymous said...

We cannot expect to solve the affordable housing shortage by forcing prices down so that almost everyone with a mortgage is in a position of negative equity. Rents in Swamage are very cheap. As house price inflation stabilizes, the buy-to-let investor, who has increasingly replaced the first-time buyer as the new blood in the market; is finding it already hard enough to make the rent stretch to cover their mortgage bills. If there’s no prospect of capital gains either, what’s to keep them in the market? We may soon be wondering what’s happened to the housing shortage.
If local authorities release suitable land, private construction companies can produce eco starter houses for sale at around £100,000. To encourage this, these companies want relief from the necessity to build social housing on prime sites.

Anonymous said...

The point is that under new tax rules (april 2008) it is more attractive to but 2nd homes/BTL so any one with cash to spare will do this ergo less housing for locals!

Anonymous said...

Four out of five properties fronting the sea are second homes left empty most of the time. Second property buyers should pay an extra stamp duty which goes to the local authority for social housing.
The building of new second home/holiday properties also carries a loading for those who live here because in providing the utilities the consumption expected does justify the capital outlay, so the residents have to pay more per unit.

Anonymous said...

Lets do what that have done in a town in Cornwall and squat them. That way people higher up will take note of what is really happening and thats locals have no right to buy or live in this town where they want to live.


Or we could just start burning them down

Anonymous said...

Cloud cuckoo land rears it's ugly and moronic head again.
I quote from above post: "Rents in Swanage are very cheap.".
With an average wage in Purbeck of £12,500 gross (end 2006 figures), our average rent is aprox. £650 per month. Add Council Tax, Gas, Elec, Water & TV License, and your wages have gone each month BEFORE YOU'VE EATEN. Not so cheap - unless you're rich.
Second homes are fab - I just can't wait till there are no more services or shops - because all those people on the average wage (postment, dustmen, shop assistants, service providers, supermarket staff and so on) can't afford to live here anymore. I just love a good old ghost town........ wake up to reality!! When the MAJORITY of our population can't get on the housing ladder (National Housing Federation currently puts Purbeck property at 15 times average income to purchase) then we are in a very bad place indeed.

Anonymous said...

I hope that local developers who build these second homes feel guilty , as they are the people who are killing this town.

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