If you are towards retirement age, a holiday home is an investment that could greatly improve your life and in a few ways. A holiday home will give you somewhere that you can escape to any time that you like and could help you to make big savings on your vacations. Additionally, you could even hire it out when you are not using it to boost your income! Equity release is a smart way to fund the purchase of a holiday home for retirees and could make this a realistic option. Location will be key, so where are some of the best places in the UK for a holiday home?
Dorset
Dorset is the perfect place for a holiday home and would be a smart investment. Here you are surrounded by natural beauty, including the dramatic and historic Jurassic Coast with as many as 10 Blue Flag beaches to choose from, making it an ideal place for a summer vacation. Dorset also has stunning English countryside to roam in as well as many charming towns, such as Dorchester, Weymouth and Lyme Regis. This means that you can benefit from being surrounded by nature but also have inviting towns with plenty of pubs, shops, restaurants and culture to enjoy.
Brighton
Brighton is another popular coastal choice for retirees looking for a second home. Brighton has a friendly, welcoming and relaxed atmosphere making it the ideal place for a second home and it is also one of the best cities in the UK in terms of culture. Of course, you also have the beach and ocean to enjoy while still being closeby to the main town.
Hastings
Uswitch conducted a study that revealed that the best place in the UK to buy a holiday home is actually Hastings. Another seaside town in the southeast, Hastings is a historic and charming town with a long stretch of coastline, a lively town centre and surrounding woodland. Hastings is deemed the best place for a holiday home as a result of its local amenities, low crime sure and average sunshine, so it is an area that is certainly worth looking at when deciding on a location.
A holiday home can make a huge difference to your life in retirement and provide you with somewhere that you can escape to any time that you like. Additionally, it could be a smart way to boost your retirement finances so that you can improve your standard of living. Location will be a key decision and these are 3 places that should be on your list when looking for a holiday home.
