Second homes market bullish

property

survey suggests strong interest in holiday homes, with 75% saying they would consider buying

Demand for second homes, including holiday homes, continues to boom even as the Bank of England tries to take the heat off the growing UK property market. But with interest rates still low around Europe, many homeowners are looking abroad to buy again, with particular attention to Spain, according to a survey done by Norwich and Peterborough Building Society (NandP). More than three quarters of those people surveyed do not yet own a second home but 75% said they would choose to buy one, while of the 24% who already own a second home, nearly seven out of 10 reported that they would choose...