Recent figures released by the UK government show that 365000 Brits left the UK for to live in another country during 2006. The majority have settled in countries such as Australia, Spain, New Zealand, Canada and the Philippines. This mass exodus is the biggest since records began in 1991.
UK First time buyers turn to Overseas Property
First-time buyers are giving up on the idea of owning a UK property due to the high cost entry level and looking overseas instead. Bad weather has also encouraged people to buy homes in places where sunshine can be relied on and prices are a fraction of those in the UK.