In the Press… The Daily Telegraph

As tax changes force more second homes onto the market, many of them are being snapped up by downsizers who finally have a decent amount of stock to choose from around the £1 – 2 million mark.

I was delighted to talk to renowned property journalist Zoe Dare Hall for this Daily Telegraph piece on downsizers snapping up ex-holiday homes – a trend we’re seeing play out across West Sussex.

Holiday home owners are facing rising costs, including a doubling of council tax in many holiday home hotspots including Chichester. They also need to consider maintenance costs, inheritance tax, capital gains tax – and whether their children and grandchildren actually want the hassle and expense of taking the property on in the future.

Passing holiday homes down to the next generation has been a long tradition, and many of the homes now coming onto the market have been in the same family for 50 years or more, but that’s now changing. We’re seeing some quite special properties come up in fabulous village and coastal locations such as the Witterings – and in many cases it’s downsizers who are snapping them up.

Click here to read the article.