Demand increasing for seaside properties

Posted: August 29th, 2010

The latest trend in the UK real estate market is to make a ‘lifestyle move’ by buying properties near the seaside. According to Halifax’s recent report, Seaside Quality of Life, areas such as Bridlington, Withernsea and Hornsea in Yorkshire and Scotland’s Peterhead and Fraserburgh are some of the best seaside towns in Britain.

Waterside Properties are also offering some good areas in the south for those who wish to settle down near the sea.

Commenting about this new trend, Peter Halliday, Managing Director of Waterside Properties said, “Most of the people who buy through Waterside Properties are buying for a lifestyle move; they are selling up their family home and moving down to the coast.”

Mr. Halliday also put to rest any fears that the rise in demand for seaside properties may push the cost of these sites very high. He said that the prices might still be within the reasonable range, since the value of these properties have not risen or fallen substantially in these two years.

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