Punnets versus Property

The 136th Wimbledon Championship is underway. The All England Club is set to host around 800 players, 679 matches and over half a million spectators before its conclusion on Sunday 16th July.

Each year at the Championships around £500,000 is spent by spectators tucking into delicious English strawberries and cream. Close to 200,000 portions are sold at £2.50 per portion.
The price of a portion of strawberries and cream has remained unchanged since 2010. In contrast, the average price of a property in the UK has increased by 54% over the same period.
Back in 2010 the average price of a property was just over £171,000 and only one in every 20 properties sold for in excess of £500,000. In the past year more than one in every six properties sold has had a price tag in excess of £500,000. Source: #Dataloft, Wimbledon, Nationwide, Land Registry, based on sales recorded in 2010 and in the year to end of May 2023

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Is it time to sell your short term rental property?

Do you have a holiday cottage or property that you use as a short-term rental investment? You might have noticed an increase of other similar properties coming on to the market in their droves and be wondering why. This article explores some of the reasons that holiday property owners are leaving the industry and how you can protect your investment moving forward.

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