Forget location, location, location, the new mantra for property investors is staycation, staycation, staycation. Just ask Mathew Rees. He and his family own around 220 buy-to-let houses and flats in Greater Manchester and Cheshire, but they are so certain that the pandemic has ushered in a new golden era for UK breaks that they have started buying holiday homes in Cornwall. In the past year they have spent over £5 million acquiring four properties and are in the process of buying a fifth.
“At the peak of the pandemic, I was trying to book a holiday home in Cornwall and couldn’t as everyone else was doing the same thing,” says Rees, 42, who lives in Wilmslow, Cheshire, and is the chief executive of the mortgage