Backlash against second homes gathers pace in the South West

The backlash against second homes continues after campaigners within the village of Mevagissey in Cornwall submitted plans to block outsiders buying new-builds to use as holiday homes in the picturesque fishing port. The move follows the Chancellors move in his Autumn budget two years ago to increase Stamp Duty on properties bought as second homes by an additional 1%, and three other villages and towns which have also introduced new-build bans. In Cornwall these include – most famously – the coastal community of St Ives but also St Minver and Rame Peninsula, and Lynton in Devon. In a recent poll of Megavissey residents by the county council, 56% said they didn’t want to see any more housing within the parish, 74% said they would support restricting the number of holiday or second homes being bought within the village, with only 16 opposed to such moves. Development plan In Mevagissey locals have included the new rules within the village’s Neighbourhood Development Plan or NDP, which must be then approved by Cornwall Council. Holiday homes make up a quarter of the village’s property market, and its average price according to Rightmove is £299,587, nearly £50,000 more than the Cornish average of £250,000,…

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