Over 11,000 Properties in England Flipped to Holiday Homes Amid Staycation Boom

Over 11,000 Properties in England Flipped to Holiday Homes Amid Staycation Boom
People enjoying the Bank Holiday weather on Bournemouth beach in England on Aug. 30, 2021. Jonathan Brady/PA
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More than 11,000 second-home owners in England have flipped their properties to become holiday lets since the start of the pandemic, to capitalise on soaring demand for staycations.

New analysis of government figures by real estate advisers Altus Group showed that the number of holiday homes trading as businesses has jumped by more than a fifth since the pandemic hit.