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Mass exodus from UK

Spanish property still best buying option.

Catherine Deshayes:-

A new survey from Sainsbury's Bank reveals that 1.41 million British people are planning to take a break from the UK to escape the dismal weather and slowing economy...

The research also discovered that 4.79 million Britons will enjoy an extended holiday from the country over the next 12 months, spending more than one month away from home.

According to the survey, visiting family and friends is the most common reason for people to travel overseas, with 38 per cent citing this as their motivation, while 30per cent said they wanted to get away from the British weather.

Older UK residents were found to be the most likely to head abroad for a long period, with 1.72 million people in the over-55 age group revealing plans to spend at least 30 days in another country.

The findings suggest that many retirees may be planning to spend some time at their overseas property, with countries such as France, Spain and Turkey still popular with the retiree market.

Last month, property expert George Glen said that Spain is an attractive location for retired homeowners due to the high quality of its healthcare services.

Source: Sainsbury's Bank

Rising taxes & cost of living in the UK, Money not safe in Banks? Falling property prices in Spain, there has never been a better time to invest in a place in the sun. Great bargains on offer with low prices.
So whether you are buying to live in Spain, use as a holiday home or as a rental investment, please remember, we are here to help you, bring your dreams into reality........................Economy could 'persuade Britons to emigrate'

Britons struggling to cope with the downturn in the economy may be considering emigrating to countries with a lower cost of living, it has been suggested.

Rising property prices in the UK market, expensive living costs and high energy charges may persuade UK residents to look for investment property in Spain or other foreign countries, according to BuyAssociation.

The number of Britons who own properties abroad has steadily risen in the last 20 years, with the last five seeing a far most drastic increase.

Paul Collins, property editor at BuyAssociation, commented: "At the moment, when the economic situation in the UK is a little bit precarious, you will find people will emigrate a bit more because they often get more for their money overseas."

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Mass exodus from UK