What rising house prices mean for holiday home owners in Falmouth

The latest forecast from Savills suggests average UK house prices are set to increase by 23.4% over the next five years—an £84,000 jump by 2029. For second homeowners in places like Falmouth, this isn’t just good news—it’s a potential turning point.

If you’ve been thinking about letting your holiday home or switching agents, now’s the time to make sure you’re not just sitting on rising value—but earning from it too.

At Guested, we help homeowners turn their properties into high-performing holiday lets with full-service, local property management. Here’s what the market shift could mean for you.

A growing market, and growing value

According to Savills, the average UK house price is expected to rise from £358,000 to £442,000 between 2024 and 2029. That growth is driven by falling interest rates, rising confidence in the housing market, and a return to more stable inflation.

For second home owners in Cornwall—particularly in high-demand coastal areas like Falmouth—this could signal stronger guest demand, greater long-term value, and a chance to generate reliable income in the short term.

Short-term lets: earn now, grow later

While your property appreciates in value, a well-managed holiday let can provide consistent income and help cover rising costs—from mortgage repayments to upkeep.

Whether you’re:

• already letting through a national agent and feel like you’re just a number,

• letting casually and want to professionalise, or

• brand new to the idea of short-term letting—

Guested can help you do it right.

We handle everything from dynamic pricing and listing optimisation to guest communication, changeovers, and local support. It’s a personal, local service that makes the most of both the market—and your home.

Why now is a smart time to switch or start

With house prices expected to grow and mortgage rates forecast to fall from 4.75% to 2% by 2027, now is the ideal time to get ahead of the curve.

Plus:

• pent-up demand from home movers could boost interest in properties like yours

• more people are choosing flexible UK stays over traditional travel

• Cornwall remains one of the UK’s top destinations for short breaks and holidays

If you’re not currently letting your holiday home, you’re missing out on both income and guest-driven wear and tear management that can help keep your home in great condition year-round.

What we offer at Guested

Guested is based in Falmouth, and we work with homeowners across Cornwall to take the stress out of holiday letting. We offer:

• professional listing creation across major platforms

• smart dynamic pricing to maximise income in all seasons

• full guest messaging, check-ins, and 5-star experiences

• local cleaning teams, linen hire, and welcome packs

• advice and insights rooted in the local market

And most importantly—you’ll always know who you’re dealing with.

Thinking about holiday let management in Falmouth?

Let’s have a chat. Whether you’re switching from another agent or starting fresh, Guested makes it easy.

Visit guesteduk.com to learn more or drop us a message—we’ll show you how much your home could earn, and how we make it all happen.