|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
23rd of August 2010
|    Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  
August 20, 2010    

Halifax surveys seaside towns for affordability / quality of life

Bookmark and Share

by Gill Montia

Residents of Bexhill-on-Sea in East Sussex have the highest quality of life among Britain’s
seaside towns, followed by Burnham-on-Crouch in Essex and Christchurch in Dorset.

According to the latest Halifax survey of UK coastal towns, all three have higher than average weekly earnings, compared to other seaside towns, and an above average employment rate.

With four more hours of sunshine per week than the typical coastal town, over nine out of ten residents questioned report having good health, and life expectancy is around 80 years.

Halifax is also recommending the North Coast for quality of life and housing affordability, naming Yorkshire’s Bridlington, Withernsea and Hornsea, while in Scotland, Peterhead and Fraserburgh top the league.

Meanwhile, Sandbanks has retained its reputation as the UK’s most expensive seaside town.

Halifax housing economist, Nitesh Patel, comments: “Our research demonstrates that for homebuyers who dream of ‘being beside the seaside’ there are good value hotspots where you don’t compromise on the standard of living.”

She adds: “Towns in Yorkshire and Scotland have rated highly on our ‘quality of life’ index and have reasonable prices that are affordable on local incomes.”

Discuss this in the Finance Markets forums

Story link: Halifax surveys seaside towns for affordability / quality of life

Related financial stories to: Halifax surveys seaside towns for affordability / quality of life:
Previous: «
Next: »

Visited 647 times, 115 so far today

No Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment

Tags: , , , , , , , , , , , , , ,


Property News feed Property News

All Financial News feed All Financial News