A quarter of young Brits are considering buying an overseas property to try and enter the domestic housing market.
So a new survey by National Savings and Investments states. It highlights first time buyers looking even in Australia or New Zealand in order to help them to save a deposit for a UK property.
When respondents were asked where they would place their investment in terms of interest in overseas property, Spain was mentioned by 43%, Australia or New Zealand by a third and the USA by 22%.
A fifth of first time buyers are looking to maximise upon the growth potential of purchasing an Eastern European property.
Brits would love to buy a property in the UK, however, are finding it very difficult to save for a deposit whilst living here.
It appears that they would even go to another side of the world to accomplish their goal, that is, to save enough for a deposit back home.
A quarter of first time buyers wish to move abroad, with more people wishing to move abroad than to another area in Britain.
Just 24% of would be first time buyers would be happy to move to a less expensive part of this country to get a foot onto the property ladder.
|
||||||||
|
Buying property
Selling property Estate agent fees Free property guides Conveyancing services Mortgage services See all Property Guides
 My estateagents
|
Britons Consider Overseas Property Mon, 12 Mar 2007
     Recommended linksOverseas Property Boom Back in France and SpainRisks of Investing in Overseas Property House Price High Bulgaria Top for Overseas Investment Apply for a First Time Buyer Mortgage |
|
||||||
Site Map |
About estateagents.co.uk |
Contact |
Terms & Conditions |
Links |
Press |
Estate Agents Login | 
© 1999-2009 estateagents.co.uk
© 1999-2009 estateagents.co.uk