Property abroad doubles

Brits with property abroad set to double, reveals new research from Barclays. 4 November 2005 - Barclays Insurance The number of Brits who own property abroad is set to double to 4.4 million, according to new research by Barclays. Five percent of those surveyed already own a home abroad (the equivalent of 2.2 million people in the UK) and a further five percent said that they are definitely going to buy a property overseas in the future. In addition, a staggering 37 percent of respondents said that they were considering a purchase abroad. However, before the dream can become a reality, there are concerns that need to be overcome: 58 percent of those who are definitely or considering buying are concerned about getting caught out by local legal or tax issues; 17 percent were worried about keeping the property secure while it is empty; A further 14 percent were concerned about being able to understand the local language well enough; Only eight percent were worried about being taken for a ride and paying too much for a property. And if a red-tape, trouble-free purchase could be guaranteed, the following countries would be the destinations of choice - with a couple of surprise destinations outside the European property hotspots making the top five.

Home security lapses revealed
Don’t leave home without:. Over three quarters (76 per cent) don’t have a burglar alarm or have one but don’t always turn it on before they go out. “The gap between people’s perceptions about safety consciousness and the reality is considerable. best choice home insurance. quality home insurance companies. home instant insurance owner quote. Read more...