--- title: "Holiday & Second Home Ownership" date: 2009-04-14T00:00:00+01:00 author: Marc Prior canonical_url: "https://www.assetsure.com/homes/holiday-home-cover/holiday-second-home-ownership/" section: News --- Our Customers Love Us! Holiday Home Insurance [Trustpilot](https://uk.trustpilot.com/review/assetsure.com) ### Get a Quote. Choose from our range of insurances below [Home](/) › [Property Insurance](https://www.assetsure.com/homes/) › [Holiday Home Insurance](https://www.assetsure.com/homes/holiday-home-cover/) › [Holiday & Second Home Ownership](https://www.assetsure.com/homes/holiday-home-cover/holiday-second-home-ownership/) # Holiday & Second Home Ownership ## Holiday & Second Home Ownership There have been reports in the National Press this week of growing anger and resentment towards the owners of Holiday and Second Homes. Some people are even suggesting that we may see a repeat of the criminal damage caused to property in Wales in the 80s & 90s when over 200 properties were damaged. Several matters are worrying residents of affected towns & villages: Firstly, it is thought that the influx of persons living in the property on a part time basis, will lead to dead zones being created. Schools will have to close, and local business will suffer. Also, properties being snapped up by wealthy, non local residents are seen by many as helping to push price property out of the reach of local people. Communities face devastation and many villages are changing beyond recognition. But are Holiday & Second home owners all to blame? Probably not, our towns and villages have been changing since the end of the Second World War, its just that only recently have the changes have become more apparent. [Holiday Home](https://www.assetsure.com/homes/holiday-home-cover/ "Holiday Home Cover") and second home owners could be filling the void left by the gradual migration of population to more urban areas. If you take home ownership out of the equation, many people born and bred in some of our most idyllic locations, no longer aspire to that way of life, they want to move to more urban areas, they perceive these areas to have better opportunities, and they have aspirations and needs that are not consummate with rural living. Often young people leave for University or better paid jobs, never to return on a permanent basis. Their places are being taken by city dwellers that have made money, but, being worn down by the degradation and attrition of modern life, seek a more rural existence. Well the grass is always greener on the other side of the fence. Local economies are far more dynamic than they were 50 years, then communities were supported by local business, your lived and worked in your town. This is no longer the case, people travel further a field for work, they are prepared to commute longer distances, shopping habits have changed, many local business face closure simply because there is no longer a need for them. The village shop is disappearing but then, the bread man & coal man have all ready gone and the milkman is just about holding on. Change happens. Property prices are still running at astronomically high levels, despite the recent pull back, the fact of the matter, when based on the traditional formula of lending (three times salary) property, anywhere in the country, not just rural areas, is beyond the reach of most first time buyers. Itâs not just the residents of the Lake District and Devon & Cornwall for example that cannot afford to buy property. Getting a foot on the housing ladder can mean moving to a new area and this is the stark reality facing many young people today, unless of course the government want to come up with some initiatives for local homes for local people. ## Latest News & Advice [![Spanish Rental Property](/assets/uploads/images/_800x405_crop_center-center_none/assetsure-banner-plain.jpg)](https://www.assetsure.com/homes/holiday-home-cover/spanish-rental-property/) ### [Spanish Rental Property](https://www.assetsure.com/homes/holiday-home-cover/spanish-rental-property/) For many people, buying a Spanish Rental Property is the first step to moving on a permanent basis, often people will spend part of the year at their Holiday Home and for the rest of the time it is empty. Renting out your own home can help pay the bills especially if you have a mortgage on the property to contend with. Spain is a very popular tourist destination and with the right amount of advertising, you may find renting your property to be quite easy.... [![Spanish Property Contracts](/assets/uploads/images/_800x405_crop_center-center_none/assetsure-banner-plain.jpg)](https://www.assetsure.com/homes/holiday-home-cover/spanish-property-contracts/) ### [Spanish Property Contracts](https://www.assetsure.com/homes/holiday-home-cover/spanish-property-contracts/) With all the talk about house prices in Spain we thought it would be a good idea to run over a few tips for purchasing a home and some things to look out for. The housing market in Spain is a bit up and down at the moment so take your time before you rush in to any purchases. The golden rule of purchasing from a selection of apartment rentals in spain is never sign any legal document until you have had it checked over by your solicitor.... [![Spanish CGT Rebate](/assets/uploads/images/_800x405_crop_center-center_none/Holiday-home.jpg)](https://www.assetsure.com/homes/holiday-home-cover/spanish-cgt-rebate/) ### [Spanish CGT Rebate](https://www.assetsure.com/homes/holiday-home-cover/spanish-cgt-rebate/) During the last 20 years the price of holiday homes in Spain have enjoyed an unprecedented boom, with values reaching a peak in 2007. Many UK residents though decided to dispose of their property and were subject to capital gains tax, levied by the Spanish government.... [More News](https://assetsure.com/news) [Trustpilot](https://uk.trustpilot.com/review/assetsure.com) [ View All ](https://uk.trustpilot.com/review/assetsure.com)[ Get Quote ](#quickQuote) [Most Popular](#tabs__tabmost-popular)[Jewellery](#tabs__tabjewellery)[Leisure](#tabs__tableisure)[Collectables](#tabs__tabcollectables)[Events](#tabs__tabevents)[Hearing Aids](#tabs__tabhearing-aids)[Property](#tabs__tabhomes) [#### Engagement Ring Insurance ![Engagement Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/engagement-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/engagement-ring-insurance/) [#### Watch Insurance ![Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/watch-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/watch-insurance/) [#### Camera Insurance ![Camera Insurance](/assets/uploads/images/_tabLinkThumbnail/camera-feature.webp)Get an instant quote](https://www.assetsure.com/leisure/camera-insurance/) [#### Home Insurance ![Home Insurance](/assets/uploads/images/_tabLinkThumbnail/home-insurance-feature.webp)Get an instant quote](https://www.assetsure.com/homes/home-insurance/) [#### Collectable Insurance ![Collectable Insurance](/assets/uploads/images/_tabLinkThumbnail/collectables-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/other/) [#### Bicycle Insurance ![Bicycle Insurance](/assets/uploads/images/_tabLinkThumbnail/bike-feature.webp)Get an instant quote](https://www.assetsure.com/bicycles/bicycle-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Engagement Ring Insurance ![Engagement Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/engagement-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/engagement-ring-insurance/) [#### Insurance for Jewellery Collections ![Insurance for Jewellery Collections](/assets/uploads/images/_tabLinkThumbnail/jewellery-collection-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/insurance-for-jewellery-collections/) [#### Watch Insurance ![Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/watch-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/watch-insurance/) [#### Wedding Ring Insurance ![Wedding Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/wedding-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/wedding-ring-insurance/) [#### Diamond Ring Insurance ![Diamond Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/diamond-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/diamond-ring-insurance/) [#### Earrings Insurance ![Earrings Insurance](/assets/uploads/images/_tabLinkThumbnail/Earing-emerald-shutterstock_1156023577-mid.jpg)Get an instant quote](https://www.assetsure.com/jewellery/earrings-insurance/) [#### Standalone Jewellery Insurance ![Standalone Jewellery Insurance](/assets/uploads/images/_tabLinkThumbnail/Standalone-Jewellery_-Shutterstock_2493208421.jpg)Get an instant quote](https://www.assetsure.com/jewellery/jewellery-insurance/) [#### Ring Insurance ![Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/ring-insurance/) [#### Rolex Watch Insurance ![Rolex Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/rolex-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/rolex-insurance/) [#### Single Item Insurance ![Single Item Insurance](/assets/uploads/images/_tabLinkThumbnail/single-item-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/single-item-insurance/) [#### Safe Deposit Box Insurance ![Safe Deposit Box Insurance](/assets/uploads/images/_tabLinkThumbnail/safe-box-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/safe-deposit-box-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Camera Insurance ![Camera Insurance](/assets/uploads/images/_tabLinkThumbnail/camera-feature.webp)Get an instant quote](https://www.assetsure.com/leisure/camera-insurance/) [#### Musical Instrument Insurance ![Musical Instrument Insurance](/assets/uploads/images/_tabLinkThumbnail/Guitar-thumb.webp)Get an instant quote](https://www.assetsure.com/leisure/musical-instrument-insurance/) [#### Bicycle Insurance ![Bicycle Insurance](/assets/uploads/images/_tabLinkThumbnail/bike-feature.webp)Get an instant quote](https://www.assetsure.com/bicycles/bicycle-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Antique Insurance ![Antique Insurance](/assets/uploads/images/_tabLinkThumbnail/Antiques-thumb.webp)Get an instant quote](https://www.assetsure.com/collectables/antique-insurance/) [#### Coin Insurance ![Coin Insurance](/assets/uploads/images/_tabLinkThumbnail/coins-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/coin-collections/) [#### Fine Art Insurance ![Fine Art Insurance](/assets/uploads/images/_tabLinkThumbnail/fine-art-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/fine-art-insurance/) [#### Handbag Insurance ![Handbag Insurance](/assets/uploads/images/_tabLinkThumbnail/handbag-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/handbag-insurance/) [#### Militaria & Military Collectables Insurance ![Militaria & Military Collectables Insurance](/assets/uploads/images/_tabLinkThumbnail/military-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/militaria-insurance/) [#### Stamp Insurance ![Stamp Insurance](/assets/uploads/images/_tabLinkThumbnail/stamps-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/stamp-collections/) [#### Wine Insurance ![Wine Insurance](/assets/uploads/images/_tabLinkThumbnail/wine-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/wine-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Hearing Aid Insurance ![Hearing Aid Insurance](/assets/uploads/images/_tabLinkThumbnail/hearing-aid-feature.webp)Get an instant quote](https://www.assetsure.com/hearing-aids/hearing-aid-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Home Insurance ![Home Insurance](/assets/uploads/images/_tabLinkThumbnail/home-insurance-feature.webp)Get an instant quote](https://www.assetsure.com/homes/home-insurance/) [#### High Net Worth Home Insurance ![High Net Worth Home Insurance](/assets/uploads/images/_tabLinkThumbnail/High-net-worth-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/high-net-worth-home-insurance/) [#### Listed Buildings Insurance ![Listed Buildings Insurance](/assets/uploads/images/_tabLinkThumbnail/Listed-building-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/listed-buildings-insurance/) [#### Holiday Home Insurance ![Holiday Home Insurance](/assets/uploads/images/_tabLinkThumbnail/Holiday-home-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/holiday-home-cover/) [#### Buy To Let Insurance ![Buy To Let Insurance](/assets/uploads/images/_tabLinkThumbnail/Buy-to-let-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/buy-to-let-insurance/) [ All Insurances](https://www.assetsure.com/insurance/)