Londoners look to move abroad

Article Date : 22 June 2007

Residents of London are the keenest in the country to consider moving abroad, according to new research.

A survey by Bank of Scotland found that eight per cent of people living in London currently own a home abroad, with a further 52 per cent considering buying a home overseas or moving abroad permanently.

Tony Wilcox, managing director of the firm, said: "Londoners certainly are the most active when it comes to moving abroad or buying a home abroad."

The company also found that 48 per cent of people in Yorkshire had thought of purchasing a home abroad, followed by 46 per cent of Northern Ireland residents and 45 per cent of people in the south-east.

Australia was the most popular destination, with ten per cent of respondents suggesting they would live there, with France (six per cent) proving to be favoured among destinations in Europe.

Jeremy Knight, owner of Knight Knox International, recently stated that Adelaide is likely to offer investors considering purchasing property in Australia a great deal of potential.

Londoners look to move abroad

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