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International Property Investment News
Brits seek stability before retiring to the sun
A new survey suggests that while many UK citizens would love a place in the sun during their retirement, extenuating factors tend to throw a spanner in the works.
Some 75 per cent of those questioned by property consultants, A Quick Sale, admitted that they would love a foreign property, yet a fifth of respondents said that they would only considering moving abroad when they had retired.
Of the 100 expatriates surveyed, 27 per cent confirmed that the biggest concern when considering a move abroad was the difficulty of selling one's UK home.
Richard Watters, managing director of A Quick Sale, commented on the results:
"We are seeing more and more UK homeowners keen to make the move abroad, but it seems selling their property here first, is the one thing preventing their dream from becoming a reality."
More and more Brits are considering a move abroad - some 800,000 British people now own a foreign property, a number set to increase as the emerging eastern European economies attract increasing interest.
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