31 March 2025, 11:11

By Trevor Kearney

At a time when the UK economy desperately needs investment, growth, and entrepreneurial confidence, targeting second homeowners with punitive double taxation is short-sighted and economically damaging!

Second homeowners are not simply “wealthy individuals hoarding properties,” as often caricatured, but they are often employers, investors, business owners, and professionals whose spending significantly supports local economies. In areas reliant on tourism and seasonal income, second homeowners are often the very lifeblood of local businesses, from tradespeople and cleaners to cafes, garden centres, and builders.

A recent study by Oxford Economics revealed that holiday homeowners contribute over £2.1 billion........

© LBC