Poor summer has Brits looking to sunnier climes
This year's miserable summer has a record number of Brits to looking to buy a property in sunnier climates, according to Yorkshire Bank.According to the bank's research, as many as 43 per cent of us are now considering the idea of buying a place in the sun, while the number of Brits who already own a property abroad has risen by 45 per cent to 800,000 in the last couple of years. The biggest draws were found to be better weather and a more relaxed lifestyle, although many also saw the move as an investment that would stand them in good financial stead in the future.Steve Reid, Yorkshire Bank's director of retail banking said: "Buying a house, let alone buying one in a foreign country, can be a challenging business. Despite this, Brits are still convinced that owning property in Spain is a financial decision worth pursuing. "It's therefore important that buyers can use a trusted UK bank and deal with an English-speaking representative who will see them through the process from start to finish."
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