Posted on Wednesday, August 28, 2024
- 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