Spain still favourite for buyers looking overseas

Researchers at UK conveyancing solicitors, Bird & Co, have identified the European countries most frequently searched on Google by UK residents looking to relocate overseas, with Spain topping the charts.

UK citizens have been experiencing mounting pressure and economic uncertainty caused by the continuous surge in house prices and the cost-of-living crisis. As a result, and according to Bird & Co’s research, it appears that a number of individuals are contemplating moving abroad, perhaps in search of a more attractive and financially comfortable lifestyle.

Solicitors analysed Google search data from residents in the UK, using the search terms "moving to [country name] from UK" for all 44 European countries. The data showed the estimated average volume of monthly searches over the past 12 months, revealing the areas of most interest to UK citizens.

The top ten most searched countries, with the estimated average volume of monthly searches over the last 12 months, were:

• Spain - 1,600
• Ireland & Portugal - 800
• France - 700
• Germany - 500
• Switzerland - 450
• Norway - 400
• Italy & Greece - 350
• Netherlands – 300

Partner and Head of Property at Bird & Co, Daniel Chard, said of the research: “As per the recent findings, Spain has emerged as the most searched country by UK residents looking to relocate overseas. The ongoing cost-of-living crisis in the UK, coupled with Spain's more affordable standard of living, could be the reason behind this trend.

Historical ties

“Spain's economic stability and housing market can be a safer investment for prospective homeowners, especially considering the UK's discouraging mortgage rates. Additionally, the warmer climate there makes it an appealing location for those seeking to relocate.

“Ireland and Portugal are also emerging as popular destinations, with relatively simple immigration and residency options. Since, the UK’s departure from the European Union, some individuals may be exploring new relocation options.

“Ireland's status as an EU member state, and its close cultural and historical ties with the UK, may make it an attractive alternative place to live. What’s more, while Ireland has its own language and unique cultural identity, the fact that English is the universally spoken language might make it a popular and feasible relocation destination for some UK residents wishing to relocate.

“British nationals seeking to move can also find attractive possibilities in the French property market, thanks to its wide variety of housing choices and a steady and modest increase in house prices. Alongside this, Germany is a favoured destination, providing job opportunities and having one of the largest economies in Europe, and with a substantially lower cost-of-living than the UK.

“With the ongoing economic uncertainty caused by factors such as increasing interest rates and the cost-of-living crisis, many people may be feeling unsure about their financial future and looking for more affordable options elsewhere.

“Moreover, the stability of the housing market in other countries, and the more affordable living prices, may be more attractive to some individuals who are looking to purchase a property.”

If you are intending to sell your home and move overseas, and you’re in need of a trusted conveyancer, then get in touch with Bird & Co’s conveyancing solicitors by emailing enquiries@birdandco.co.uk, or calling 01476 591711.