Billion pound brits
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£58bn worth of overseas properties are now owned by Britons, claims a new
survey...
This staggering figure is courtesy of research by Savills and Holiday Rentals,
and has increased by £5.2bn compared with this time last year,
The survey found that there are currently 425,000 properties owned by UK citizens overseas, an increase of 35,000 properties year-on-year.
The number of overseas homes owned by Brits is not expected to radically increase over the next couple of years, due to slowdown in the UK economy. However, Savills confirmed that strong demand still exists.
Source: www.gowealthy.com