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Category — Dubai

UK Buyers warned about dangers of buying overseas property

 The problems of first-time buyers have been extremely well documented so the results of a recent survey from the Bradford & Bingley Building Society come as no surprise.In it, 2/5 potential first-time buyers are holding down two jobs, 42% are receiving help from their parents and 43% have even thought about giving up buying altogether.In this current climate, buyers are having to come up with ever more innovative ways of getting on the first rung of the ladder, and an increasing number are buying their first property abroad. A recent survey from YouGov found that nearly half of 18 to 29-year-olds plan to buy abroad and that for two thirds of these it would be their first purchase.

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March 15, 2007   No Comments