Pembrokeshire's 200% Tax Hike Triggers Surge in Second Home Sales
The sharp increase in council tax on second homes in Pembrokeshire has led to a significant rise in properties for sale, raising concerns about the impact on local tourism and housing affordability.
- Number of second homes for sale in Pembrokeshire has trebled in a year, rising from 38 to 135.
- Local business owners report a negative impact on tourism as holiday homeowners sell up.
- Council tax premiums on second homes in Wales can reach up to 300%, with Pembrokeshire implementing a 200% increase.
- Critics argue the policy may be counterproductive, driving away vital tourism revenue and failing to make homes affordable for locals.
- Estate agents note an unprecedented volume of second home listings, but many properties remain unsold.