Fancy a second home anybody? With property sales crashing, and mortgages proving hard to get, now is the time for the cash-rich to buy yet another second home, to go with the reckoned over 240,000 second homes in England – that is registered second homes (for council tax purposes), so the real figure is likely to be higher given the tendency of the rich & powerful to keep their wealth a secret, and untaxed too. These are homes not permanently occupied, such as holiday homes and homes used for a few days a week by high-flying business execs.
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