Blog Post

Second homes

TomS - Head Tom Simper Aug 27, 2024, 11:00 AM

Households in England own 4.3 million second homes, according to the 2022/23 English Housing Survey, up from 3.3 million a year earlier. Second properties can be owned or rented.

The greatest increase has been in those rented out which form the majority of second homes (73%).

There have been slight reductions in those used by student children or waiting to be sold or moved into shortly.

The remainder, 22% are exclusive second homes. Although forming a smaller percentage than a year earlier, this still represents an increase of 150,000 homes, 114,000 of which are within the UK. Source: Dataloft by PriceHubble, English Housing Survey, data for 2022–2023

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