P153 Teletext 153 Nov27 21:11:55 % MORTGAGES ——————————————————————————————————————— Buying a place in the sun Thousands of Britons are now sunning themselves outside their own home abroad thanks largely to the booming domestic property market. About 800,000 British households have a second home abroad - which is up 45% on June 2004 - according to the study by research analyst Mintel. Low interest rates and the rise of no-frills airlines have also helped fuel the upturn. ——————————————————————————————————1/8—— Savings 156 Tourist rates 159 NEW! $eletext ats Find a car bargain close to home! Go to C4 p700 Mortgages Save/Inve Hols Grid NeedALoanP153 Teletext 153 Nov27 21:23:12 & MORTGAGES ——————————————————————————————————————— Buying a place in the sun The trend of Britons owning a home in the sun has increased in recent years - and it is set to continue. Another 3% of British households intend to buy a second property abroad some time in the future, adding to the 800,000 who already do. Meanwhile, a further 5% of sun-loving Britons are planning to sell up altogether and move overseas for good, research by Mintel adds. ——————————————————————————————————2/8—— Savings 156 Tourist rates 159 Access the (eletext Mobile Web Service by texting (eletext (o 84300 Mortgages Save/Inve Hols Grid NeedALoanP153 (eletext 153 Nov27 21:11:15 % MORTGAGES ——————————————————————————————————————— Buying a place in the sun High property prices have helped to fuel the boom in Britons purchasing holiday homes abroad. Many homeowners with high levels of equity in their property have released it to buy their dream home in the sun. ——————————————————————————————————————— Savings 156 Tourist rates 159 HOLIDAY GE(AWAYS! FOR THE LATEST $ELI(EXT HOLIDAY OFFERS,(URN TO PAGE 200 Mortgages Save/Inve Hols Grid NeedALoanP153 (eletext 153 Nov27 22:43:04 % MORTGAGES ——————————————————————————————————————— Buying a place in the sun Sunnier weather is the main reason why Britons yearn for a property abroad, with 51% of nearly 2,000 people naming this as the number one factor. Making money was the motivation for 40% of respondents to a Mintel survey who have already taken the plunge and bought, or who want to buy, abroad. And 38% said they want a future retirement property and somewhere to take their families. ——————————————————————————————————4/8—— Savings 156 Tourist rates 159 NORTON LOANS SEE p615 0800 929 100 Mortgages Save/Inve Hols Grid NeedALoanP153 $eletext 153 Nov27 22:14:51 & MORTGAGES ——————————————————————————————————————— Buying a place in the sun Spain is the most popular destination among Britons who either want to move abroad or have already done so, according to a report by Mintel. More than four in 10 (43%) name it as their preferred destination. France follows in second place at 26%, with Australia third at 22% then Italy at 21% and the US at 17%. The former eastern bloc and north Africa are also becoming popular. ——————————————————————————————————5/8—— Savings 156 Tourist rates 159 Home Owner Loans brought to you by Capital One HomeOwner Loans p366 Mortgages Save/Inve Hols Grid NeedALoanP153 $eletext 153 Nov27 22:13:59 & MORTGAGES ——————————————————————————————————————— Buying a place in the sun The idea of owning a second home abroad is an "achievable ambition" for a growing proportion of the population, research analyst Mintel has said. "The UK property boom has given many people the opportunity to purchase their dream home in the sun," a spokesman said. The major worry among Britons who want to buy abroad is getting ripped off and losing money. ——————————————————————————————————6/8—— Savings 156 Tourist rates 159 Respond by text now cheaper & easier! Matche5 Dating see p391 Mortgages Save/Inve Hols Grid NeedALoanP153 $eletext 153 Nov27 21:01:12 % MORTGAGES ——————————————————————————————————————— Buying a place in the sun Banco Halifax Hispania says people buying property in Spain should use qualified solicitors who are experienced in acting for Britons. The bank, which is part of the HBOS group, says solicitors and surveyors should speak fluent English and have strong local knowledge. Using an independent solicitor, rather than one appointed by an agent, is also recommended by the bank. ——————————————————————————————————7/8—— Savings 156 (ourist rates C4 p547 Unlock Your Pension For ash and/or Income ITV1 p356 Mortgages Save/Inve Hols Grid NeedALoanP153 $eletext 153 Nov27 21:13:35 ——————————————————————————————— Need advice? Write to Advice Clinic (eletext's experts on investment, tax, pensions and property can help YOU! Send queries marked Advice Clinic to: $ext 07624 809882 E-mail adviceclinic@teletext.co.uk Post (eletext Finance, Operations Centre, Bridgegate, Howden, DN14 7AE. Include your name, age and address. Answers will be updated weekly on air. We cannot answer all queries received. Information given is for guidance only. ——————————————————————————————————8/8—— Need advice? Go to Advice Clinic 169 GO DIGITAL WITH TELETEXT! p104 Mortgages Save/Inve Hols Grid NeedALoan