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Cornwall Second Homes Up

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Published by the Pirate FM News Team at 7:01am 3rd February 2012.

There are now more second homes in Cornwall than anywhere else in the UK.

New research shows the Duchy has fourteen thousand and that number is up, despite the recession.

The average cost is a quarter of a million pounds.

The report by Prime Location says the borough with the next highest number of second homes is Westminster, with just over seven thousand.

Its experts are calling on the government to bring in a new system which has a clear distinction between second homes and homes for local people.

Spokesman Nigel Lewis says, "The answer really is to look abroad so if you look at the Spanish and the French, they make no bones about helping the Spanish, for example, afford property in very highly touristic places, say like Malaga. We seem to shy away from that in the UK and I've never been sure why.

"It's all about people choosing to use their money how they see fit in a free-market economy. But, equally, look to a system which recognises that you can't push everyone out because of house prices. There has to be some allocation".

Hear what people in Fowey think here...

 

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