property uk real estate agents investments websites sell news features information map company services
 PROPERTY   DIRECTORY   AGENTS   INVESTMENT   SELL   SERVICES   NEWS   GUIDES   HOTSPOTS   FEATURES   MAP   COMPANY
Image 3 of Scotland Image 4 of Wales Image 5 of England Image 6 of England Image 7 of Wales Image 1 of Scotland Image 2 of Wales UK Flag property uk real estate agents investments websites sell news features information map company services
 REGISTER
Username:
 Password:  LOG IN
 Search:  GO
     
 

 Factor 50 for property buying Britons

 

Tuesday, August 09, 2005


Rental yield and proximity to the airport don’t even come close to the top of the list of considerations for Britons buying abroad, who place good old fashioned sunshine as their number one factor, reports property investment company, Assetz.

Good weather was voted the most important priority by a remarkable 37% of those polled, followed by security, which is ranked as the most important factor by 19%. Standard, isolated villas are becoming less popular with British investors who prefer gated developments that they can ‘lock up and leave’.

However strong the desire to have lots of sunshine, Britons don’t always want to lounge on the beach. Proximity to a town is also high on the list, with 17% rating it as the most important factor, compared to just 5% citing proximity to a beach as the number one priority. A notable shift is taking place away from the traditional ‘seaside’ holiday home locations, in favour of being able to walk into the town and take advantage of the shops, restaurants and culture on offer.

Stuart Law, managing director of Assetz said: "The pressures of the modern lifestyle and longer working hours mean that people can only pop away for short periods of time and they want to make the most of it."

"Roasting on the beach for days on end is no longer enough for today’s sophisticated holiday home owner, who is often looking for a taste of the ‘village life’ that is still abundant in countries such as France and Spain but which is becoming rarer in the UK."

A significant 59% of those polled considered the primary purpose of their property abroad to be rental income to cover mortgage repayments or as a supplement to their primary income.

Stuart Law continued: "The majority of holiday home purchasers intend to rent out the property for rental income for most of the year, while enjoying it themselves for a total of between two weeks and one month per year."

"This is a relatively new trend that has only taken off significantly in the last three years. Previously there was a certain amount of stigma attached to renting a holiday home out on the open market, but today’s investment-savvy purchasers are more likely to be embarrassed by failing to make their investment work for them financially."

"Successful rentals depend upon a good, reliable climate, an abundance of cheap flights and short travelling distances, which explains why Spain and France remain first class choices for any overseas investor."

 
 
     
     
 

 Get this news on your website !

If you have a website, whether it is a personal homepage or a fully fledged estate agent service, you can get our news headlines included on your site. Both these newsfeed services give you the option of having the full news content from TheMoveChannel.com - not just the articles that appear on country subdomains such as this one:

Premium service

For just £50 / month, you can now have your own customised news service on your website. With the XML-based service, articles actually appear on a page on your site, making this a sticky feature that won't result in your traffic leaving. You have control over the display format to show your choice of headlines, dates and short article introductions and can apply your own style sheet or control the display format with XSL sheets. Finally, you can also set your subject preferences so that your feed only displays articles which are relevant to your site audience.

 
     
     
 

 Top News Stories:

Brits abroad have 'no regrets’
6/19/2008 - Expats who’ve escaped to sunnier climes seemingly have no regrets about leaving the UK…


Canny FTBs remain ‘undeterred’
6/19/2008 - A new survey has revealed that FTBs are increasingly entering the new homes market with confidence...


Londoners love ‘laid-back’ Italy
6/18/2008 - A survey has revealed that Londoners see Italy as the most desirable place to buy property...


 
     
     
 

 Sponsored listings:

 
     
     
 

 Free E-zines:

Subscribe to our free regular email newsletters on the following subjects:

First name:

Surname:

E-mail:


Please select:

Daily headlines
Investment
Leaseback
Overseas
Weekly review
Other stuff


Click here for descriptions


 
     
 VISITORS   INVESTORS   OWNERS   DEVELOPERS   AGENTS   AFFILIATES   ADVERTISERS   PARTNERS   PRESS
worldwide
Worldwide
england
England
northern-ireland
Northern Ireland
scotland
Scotland
wales
Wales
london
London
spain
Spain
france
France
italy
Italy
usa
USA
Investment
Investment
Privacy policy   Terms of use   Support   Bookmark now!   uk index
TheMoveChannel.com is a protected Trademark.
Copyright © 2000 - 2008 On The Move Ltd. All rights reserved.