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Rapid Evidence Assessment of the Research ... - Rural Housing

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What specific factors attract people to buy second homes and what types <strong>of</strong> property do <strong>the</strong>y buy and where?<br />

110. This is backed up by o<strong>the</strong>r more recent market surveys by Savills (2007) and Halifax (2007). Both<br />

highlight <strong>the</strong> wide variety <strong>of</strong> property types purchased by second home owners including ex-council houses as<br />

well as ‘picturesque cottages’. The literature review by Wallace et al (2005, p42) reaches similar conclusions,<br />

but usefully adds that <strong>the</strong>re are significant local differences depending on patterns <strong>of</strong> demand and supply. The<br />

Savills survey also emphasises that a significant proportion <strong>of</strong> newly built flats in London and o<strong>the</strong>r large cities<br />

are ‘secondary residences’.<br />

Location <strong>of</strong> second homes<br />

111. Most studies <strong>of</strong> second homes focus on <strong>the</strong> issue <strong>of</strong> location and geographical distribution. A number <strong>of</strong><br />

data sources are used, but <strong>the</strong> most common are <strong>the</strong> CLG database and <strong>the</strong> Census (see Commission for<br />

<strong>Rural</strong> Communities, 2006; and Oxley & Brown, 2006; p17).<br />

112. Analysis is available at regional and local authority levels. The latter <strong>of</strong>ten involves identifying current hot<br />

spots and this is illustrated in <strong>the</strong> market reports by Direct Line (2005), Halifax (2007) and Savills (2007). It is<br />

important to appreciate that <strong>the</strong> Countryside Agency (2002b) and Wallace et al (2005) both emphasise <strong>the</strong><br />

micro-scale i.e. specific towns and villages with a particular focus on what is referred to as ‘micro-crises’<br />

caused by <strong>the</strong> large number <strong>of</strong> second homes.<br />

113. It is also important to appreciate that <strong>the</strong>re is a significant number <strong>of</strong> second homes outside <strong>the</strong> UK<br />

owned by British residents. Direct Line (2005, p7) indicates that over 175,00 residents owned properties<br />

abroad in 2003/4 with Spain followed by France, Portugal and Italy as <strong>the</strong> most popular countries.<br />

114.<br />

More detail on <strong>the</strong> location <strong>of</strong> second homes is provided in <strong>the</strong> next chapter.<br />

33

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