Investment Potential and Rental Cornwall is experiencing strong home price appreciation as people rediscover the joys of holidays here. A recent study by Halifax cited Cornwall as one of the strongest markets in Britain over the last 10 years, with a 266% average gain across the whole county. Prices in some coastal areas, such as Rock and Padstow, have risen much more. Many factors are driving this. Rising affluence, baby-boomers approaching retirement, foreign travel delays, the improving quality of local restaurants and accommodation, and even the warmer weather, are all trends that are likely to continue. The South Coast of Cornwall, while just as beautiful as the North, has not participated in the price boom to the same extent, and as such, offers much better value. We believe that this discrepancy will correct over time and that investing in a holiday home here will give a strong return. We are able to introduce buyers to mortgage lenders who are familiar with The Bay development. Management Service Owners at The Bay who wish to rent out their property, may do so through our comprehensive on-site letting and management services. The intention is to make it as easy as possible for the owner to rent out his or her holiday home. It is proposed that these services will include: active marketing through advertising and our website, reservations, key-holding, laundry, and the arranging of essential repairs and maintenance. We expect a very strong rental market as our development will be attractive to holidaymakers year-round. Occupancy rates for holiday lets in Cornwall are very strong, with High Season usually sold out throughout the county. This does not just comprise the summer months, but also includes Christmas, New Year and Easter. In low and mid-season, we expect much better than usual occupancy rates due to the beautiful location, the quality of the homes, and the range of facilities provided.