19 June 2013

Making the most of the UK's staycation holiday trend

Fewer Britons went on holiday abroad in 2012 than the previous year, according to official figures. Perhaps buoyed by the Olympics or squeezed by the recession, this means more people are staying in the UK for their holidays.

With this in mind, it’s time to take advantage of the UK’s ‘staycation’ trend. Despite the tight economic times, 10m of us still plan to go on holiday in the UK this summer.

This makes the demand for UK holiday homes higher than before.So where should you look to invest in a buy to let property?

Not too far from London is a good bet, since you’re closer to the capital's wealth. This could be on the south coast, in Essex or if you’re not too bothered about the coast, the Cotswolds is always popular as a weekend retreat.

Further afield, look at Cornwall, which continues to stomp ahead as the UK’s best holiday playground for all. The Lake District is also fantastic in all weathers, whether cosyingup by a log fire in winter or enjoying the splendour of the peaks, valleys and lakes in summertime.

Even further afield than that? Get out of England and see the true majesty of the British Isles. Ireland is truly majestic, is relatively cheap and has favourable tax conditions for your holiday home rental when you’re not there. The Scottish highlands are also wonderful.

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