Parts of the UK that have witnessed a surge in holiday homes during the pandemic have also seen some of the harshest rent hikes.
That’s according to research by campaign group Generation Rent that suggests the high numbers of second homes and commercial holiday lets are pricing out local tenants.
For example, Wales had a combined 33,474 of these types of property as of August 2021, up 5% from 31,779 in March 2020.
