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Increase In Holiday Homes

Holiday home sales in one of the country’s most popular tourist destinations are on the rise, despite stamp duty and the age of austerity.

Figures prepared for the Daily Telegraph by Hamptons International show that back in 2010 seven per cent of properties bought in Cornwall were second homes.

In 2017 – despite the three per cent stamp duty surcharge introduced on additional homes in 2016, and steep council tax increases on second homes in parts of the county – that figure was up to nine per cent.

The high interest in second homes comes despite the St Ives referendum in 2016 which ended with a strong majority to ban the sale of future new-build houses and flats in the port to second homers.

Similar measures have been backed in more recent times in areas near Padstow which includes Rock.

Meanwhile the Cornwall Community Foundation, a charity set up in 2003 seeking to improve education and alleviate poverty in the county is encouraging such buyers to make a donation towards a range of community projects.