Despite lockdown 2.0, the holiday let market has remained robust. Some lenders and brokers have reported that mortgage enquiries for holiday properties has hit the roof.
While you might think a global pandemic and UK recession would see prospective landlords holding off, it seems that’s not the case.
The property market is in fact seeing a mini-boom, with an impressive return to pre-coronavirus levels of activity in September just four months after re-opening began in England. Data from HM Revenue and Customs shows that 98,010 property sales went through in September, up 21% on August’s figures and down only 0.7% on last September.
In February 2015, ULS Technology plc (LON:ULS) took a 35% share in HomeOwners Alliance, a website offering information and services to UK homeowners and prospective homeowners. Gresham House Strategic PLC (LON:GHS) has a 6.56% stake in ULS Technology.