UK housing estate largely unsold two years on as holiday home rules bite

A completed housing estate in the UK has seen a dismal sales record, with just two out of 16 properties sold over two years, primarily due to strict planning regulations that classify many homes as holiday accommodations. These rules have made it difficult for buyers to secure mortgages, driving up prices and deterring potential residents. This situation highlights the broader issue of planning restrictions impacting housing availability and affordability, raising questions about how to balance tourism needs with permanent residency.