Property Today

Property News

Published Date: 08 May 2008

Bye... had enough of this place, I'm off somewhere new...

4,000 of us are leaving every week

Fed up of dropping house prices, vanishing mortgage deals and a general feeling of doom and gloom at the moment?

Then why not join the 4,000 Brits a week who are leaving the UK for a new life abroad.

New figures out from the Office of National Statistics reveal that it's the highest number of people leaving in 50 years.

It's mostly professionals and people with skills aged between 25 and 45. And they're leaving for traditional locations, with favourites including Australia, Canada and New Zealand.

While some people are being driven away by the high cost of living, just as many are leaving for positive reasons. These include the opportunity for a better career abroad.

Last Updated: 08 May 2008 12:24 AM

Page 1 of 1

News in Brief

[Some landlords may be ignoring the tenant deposit scheme]
It's believed that a number of landlords could be ignoring a scheme set up to protect the deposits paid by their tenants.
[Property problems don't seem to affect the rich]
If you're lucky enough to live in a home worth a million or more, looks like the current property problems aren't affecting you.
[We're not scared of house price falls]
Seems that we're not as scared of falls in house prices as the national media would like to make us believe.
[More of us are facing repossession trouble]
The number of repossession orders in the UK is going up as people struggle to meet their mortgage payments.
[Your 7 steps to rent a house]
We're helping you take your next step on the property ladder this weekend on Property Today.
[Your 7 steps to buy a house]
This weekend on Property Today we're giving you plenty of information to help you with your next step on the property ladder.
[Inheritances go up thanks to property]
The average amount inherited in the UK has gone up by £23,000 in six years because of the rising value of property.
[Last bit of Hips is delayed]
The final part of the Home Information Packs has been delayed – just three weeks before it was supposed to come in.
[Interest rates stay at 5 per cent]
The Bank of England announced it won't be changing interest rates this month – despite a general slowdown in the economy.
[4,000 of us are leaving every week]
Fed up of dropping house prices, vanishing mortgage deals and a general feeling of doom and gloom at the moment?
[Another bank warns prices will fall]
One of the UK's banks has warned that house prices could drop by as much as 10 per cent in the next 18 months.
[Build a flat pack house for just eleven grand]
Here's something that could bring a lot of joy to first-time buyers, provided they have a bit of land available.
[We are happy to commute for better health]
More than half of people asked in a recent survey believe they would have better health if they moved to the countryside.
[Estate agents pay the price of the credit crunch]
It is estate agents that are becoming the real victims of the credit crunch, with up to 150 branches closing every week.
[Tax relief means buying a house will stay popular]
No matter what happens to the housing market, people will continue to want to buy houses. And that's because they're still one of the best investments you can make.