Second homes for sale treble in Welsh county after council tax hike

Published On Sep 5, 2024, 5:47 PM

The article discusses the significant increase in second homes for sale in Pembrokeshire, Wales, attributed to a new council tax premium of 200% introduced for second home owners. The number of second homes on the market has surged from 38 to 135 since last year. Local estate agents report unprecedented listings, while advocates are calling for reforms to ensure local residents can access affordable housing. Some businesses fear that the premium will negatively impact local tourism and the economy, leading to calls for more affordable housing development.