Families are in favour of UK holidays over trips to Europe!
The telegraph has reported that there will be a demand this year for those holidaying in the UK rather than paying for flights due to the cost of living crisis. The number of available holiday lets in the UK jumped by 14pc year-on-year to almost 340,000 in December, according to analysis by data firm AirDNA.
Joe Stallard of House and Holiday Home Mortgages, a broker, said “the price war between lenders came as investors who would have traditionally chosen to purchase a buy-to-let property instead turned to the holiday let market. There is increased demand for city-based properties, such as in Cardiff, York and Liverpool, and clients are keen to invest in properties that can be let all year round.”
Have you made holiday plans for 2023? We wonder if this prediction for the year will be true, we are excited to report on this through the year!