We have all heard reports that the low interest rates in the UK are causing more people to look to overseas property. The latest report to confirm this trend comes from the latest Worldwide Property Group confidence tracker; a survey of those considering buying overseas property.
The survey found that 71% of potential overseas property buyers said that the current level of rates had increased their desire to purchase a property, 64% said that they are benefiting from the continuing low level of interest rates. Interestingly.
73% respondents said that they felt that now is a good time to buy property overseas showing that confidence is returning. 68% of respondents said they are actively considering buying a property overseas.
Asked which regions they were most interested in, respondents came up favouring the US, Caribbean, and Brazil, followed by the traditional European destinations like Spain, France and Italy, with Portugal also getting a mention.
Commenting on the figures, Kevin Wilkes, Managing Director of the Worldwide Property Group said: “The results of this survey make for very positive reading. I am delighted to see that confidence in property both in the UK and overseas has reached such a high level. It is also very interesting to see that with all the fantastic opportunities currently available around the world, it is still the more traditional markets that draw the most interest. This is valuable information as it enables us to offer exactly what our clients want.”
No comments:
Post a Comment