Halifax: Brits moving to the seaside
www.moneynews.co.uk > Mortgages > Halifax: Brits moving to the seaside
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Money News |
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Halifax: Brits moving to the seaside
Fri 20th Feb 2009
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The mortgage providers' data showed that nine out of the ten of the local authorities that are experiencing the largest outflows of residents are in London.
Birmingham recorded the highest outflow of people, with 403,600 choosing to leave the midlands city between 1997 and 2007. At the same time, however, it recorded the highest influx of new residents, suggesting that many people do not choose to live in the city for long.
Martin Ellis, a Halifax economist, said: "Coastal areas have proved to be popular destinations for people to move to as many people have sought to take advantage of the benefits of living near the sea."
Recently, Halifax published a survey of landlords which showed that people from London make the most popular tenants.
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Related News : Halifax |
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