The recent Hargreaves Lansdown report has revealed that the peak age of holiday home owners is increasing. This is a trend that has been observed in recent years, and the report shows that this trend is continuing.
The report found that the average age of holiday home owners has increased from 48 to 54 over the past five years. This is a significant increase, and it shows that more people are choosing to invest in holiday homes at an older age.
The report also found that the average amount spent on holiday homes has increased from £50,000 to £75,000 over the same period. This suggests that people are investing more money into their holiday homes, and that they are taking more care when selecting their property.
The report also found that the number of people investing in holiday homes has increased significantly. This suggests that more people are seeing the potential of investing in a holiday home, and are taking advantage of the potential returns that can be earned from such an investment.
The report also showed that the majority of holiday home owners are using their properties for personal use, rather than as a rental property. This suggests that people are investing in holiday homes as a way to enjoy their holidays, rather than as an investment opportunity.
Overall, the Hargreaves Lansdown report has revealed that the peak age of holiday home owners is increasing, and that more people are investing in holiday homes. This trend is likely to continue in the future, as more people realise the potential returns that can be earned from such an investment.