8 Tips for Selling Your UK Property and Escaping Abroad
Published on Tuesday, November 17th, 2009
An article published in the Telegraph yesterday highlights the growing trend of baby-boomers who are opting to sell up in the UK and ship out in search of a new and exciting life abroad. Not ones to sell and swap their UK lifestyle for similar on the Costa del Somewhere in Spain, these Britons want to get the most out of their UK home in value terms and cash in for fun overseas.
The Telegraph article focused on one couple who are in the process of selling a farm in the UK to ship out to Australia where they plan on buying a camper van and touring round like “two old hippies for a bit…” If you’re thinking of doing something similar, i.e., selling up and getting out of the UK and your current life and going in search of a better life abroad, this article could prove very valuable indeed!
We have the top 8 tips for selling your UK property and escaping abroad so that you can get your British home sold well and put the equity in your pocket to fuel your dreams of a new life abroad.
There will always be a wealthy element of society who can afford to have a winter skiing break as well as a summer sunshine holiday! What’s more, increasing numbers of us want to get away at any cost and are finding that a holiday abroad is a relief from the strain of everyday life.
At this time of year in the UK when the nights draw in, the temperatures drop, it’s foggy, there are no leaves on the trees and everything appears dull and grey and cold, there’s one thing that stops many of us from going completely crazy and that’s the thought of next year’s summer holiday!
You’ve completed the massive undertaking and purchased the overseas property you have always dreamed of - but now comes the task of furnishing it!
It seems that inflation is no longer just a discussion topic on financial forums or something driving increasing numbers of international asset managers away from UK based investments, it’s a dawning reality! The quantitative easing policy is driving the pound’s value ever lower and ever closer to parity with the euro – (to the point at which I’m unsure I’ll be able to afford to go on the Eurostar for a weekend to Paris in December as planned!)
According to Knight Frank, cash buyers have been boosting the estate agency’s own balance sheets this year as they have been taking advantage of recently falling property prices in Britain. The leading high-end real estate agency has managed to turn around talks of a 60-something-% drop in their profits this year to highlight the fact that there really is still plenty of money in the market.
For many years it was a common tactic for Britons to move abroad and work hard for a few years, save their wages in a tax effective way and use the cash to come back onshore and get on to the property ladder in the UK.
Bathed by the tropical Indian Ocean along its 2,470km coast, Mozambique is a jewel of a destination for tourists and investors alike. The country is Portuguese-speaking and borders well-known destinations such as South Africa, Malawi, Tanzania, Zambia and Zimbabwe. Its coastline is dotted with islands including the Bazarutto and Quirimbas archipelago marine national parks with their world-renowned dive sites, and the historic landmarks of Ilha de Mocambique and Ibo Island. Inland Mozambique has a number of national parks and reserves such as Gorongosa and Limpopo parks and Niassa reserve, one of Africa’s last great wilderness areas.
Yesterday we provided an article for all those in the UK who are unhappy with the recession, bored with the poor weather, fed up with job insecurity and who want to go in search of a new and better life abroad. We discussed 