BUYING PROPERTY ABROADWhat the experts and the Press say
We have been in the property market for nearly ten years and just some of the press coverage over that time is highlighted below: A CHEAPER AND BETTER LIFESTYLE ABROAD
Andrea and Roy Speakman have found their money goes a lot further since they moved from Yorkshire to Spain when they took early retirement four years ago.
"We are on a fixed income yet we go out to eat two or three times a week, whereas in England it would probably have been once a month,' said Mrs. Speakman.
'Our fuel bills are a third of the price at home and council tax is just £272. We were paying £1,000 in England and that was four years ago.
'The weather in Spain makes it much easier to go out and do things. We both like walking and my husband loves cycling, which we can now do all the year round.
'We are also members of two ex-pat organisations so we are a lot more sociable than we were in England. We have only one regret - that we didn't move here soon.'- Daily Mail. August 18, 2006
PANORAMA BBC
Every year more than 40,000 people sell their UK home to cover medical care in the UK; a service for which they have already paid through N.I contributions. Former Chairman of Commons health select committee Cameron Hinchcliffe said: 'It is scandalous.' - BBC1 Panorama 5th March 2006. “It’s never been easier to buy that idyllic place in the sun.” - Daily Mail August 24, 2005
INVEST IN SPAIN
"Don't know how to save for a pension? Take out a mortgage and buy yourself a holiday home in Spain. I bought a house in Spain in 1980. Since then its value has increased eight-fold.Several neighbours have bought a property instead of paying into a pension plan, and should they hit difficult times at least they can sell up at the increased value. Unlike a pension policy, they are in control and it's far more pleasurable too. You and your family can then enjoy holidays abroad in your own home using 'no frills' airlines to get out there. Worth thinking about?"
- David Phillips, Daily Mail July 17 2002 THE GUILD OF MASTER CRAFTSMEN "Liverpool based Southern Comfit liaises with agents, developers, legal and banking professionals, and investors to identify the industry's cowboys - something very close to the Guild of Master Craftsmen's ethos." - Guild News. Summer 2005
"We sold up and bought a large rambling house in Spain for half the price of our little semi in the UK. We live very comfortably here on the same small income because the cost of living is so much cheaper." - Mrs J.A. Drewett, Costa del Sol. - Daily Mail 1st February 2006
BUY TO LET IN SPAIN "You're sitting on the balcony of your rented property and totting up just how much this sunny little two-week family holiday has set you back. Fifteen hundred quid? Two grand?  | Well, it could have cost you just the price of a bargain no frills air fare. What's more, you'd have a place to call your own. And when the cold dam British winter starts to play havoc with your aching bones, it's going to be the ideal spot to retire to while still picking up your pension every week and enjoying free health care. As UK house prices soar, more and more people are using the equity in their homes to top up the mortgage and buy a place abroad."
Daily Mirror, 30th June 2000 |
HOLIDAY HOME OWNERSHIP Ownership of property overseas is up by 50% since 2000 figures reveal. An all time record of nearly 260,000 people own a foreign property - usually in a cheaper and sunnier country." - Daily Mail February 21 2006
BUYING ABROAD
"Matching people with their ideal home is Michael McLaughlin's (Southern Comfit) speciality. 'Spain' he says , has re-established itself as the number one destination for Brits buying abroad. The reason it's more popular than France? Accessibility. You can finish work at 2.pm, catch a budget airline and enjoy your evening meal in lovely Alicante.' - Liverpool Echo. January 11 2006
LIVING SPAIN MAGAZINE "At Southern Comfit there's a relaxed air and a feeling that these people know what people want and that they have been successful long enough to know, probably more importantly, what people don't want....... " - Living Spain Magazine. April 2006  | SOUND INVESTMENT "We've seen increases (in property values) of between 15 and 20 per cent a year. Now that can't go on indefinitely, but I certainly don't see a downturn in the near future."- Paul Heneberry, Homes Overseas Magazine QUALITY OF LIFE “It's the quality of life that people go for. If you look at the cost of living, it's at least 40 per cent lower than in the UK or Ireland."-Homes Overseas Magazine, November 2001 |
EXCELLENT INVESTMENT "Buyers who are thinking of making an investment in Spanish property should take heart at the excellent exchange rates that are still being recorded. The exchange rate has consistently risen over the past five years; even with the slightest dip, it still represents excellent value." - Barbara Hibbert, Taylor Woodrow
 | THE CHOICE OF MILLIONS "Experts are still forecasting moderate growth in sales over the next two or three years and, over the next five, some are predicting up to two million families will move into the region (Costa del Sol) from all over Europe."
Homes Overseas Magazine, September 2001 |
VIVA ESPANA "The price of property (Costa Blanca) can be up to 50% cheaper than the equivalent on the Costa del Sol. Having said that, they are moving up at well above the rate of inflation because of the demand. Recently we've had a number of people say they want to take their money out of the stock market and put it in Spanish property." Jeremy Aston, Torreblanca International Homes Overseas Magazine
PROPERTIES ABROAD "The short answer is that those who buy properties on the Continent get a better deal than they would here. Compared with much of the Continent, British house prices are high and the long-term cost of buying is also high.
Coupled with this, the process of borrowing to buy abroad is usually simple and the mortgage rate is often far lower than for a British home. It is becoming such an attractive proposition that many homeowners are taking equity out of their main properties to use as a deposit on a second home overseas." - Financial Mail on Sunday 'Money' Magazine
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