 By 2014 the price had been dropped to £1.95 million by owners Richard and Lizzie Williams, who have moved to the mainland.In June 2017, Ian Wace purchased the island for £1.7 million, far less than the £2.5 million asking price when it was put on the market in 2013.He will oversee a four-year development to Tanera Mòr, which could become an "idyllic retreat capable of hosting up to 60 paying guests".