Tuesday, 11 August 2009

Seaside For Highrollers in Cornwall

Donkeys and wonky deckchairs might have been eclipsed by celebrity restaurateurs and beach huts with six digit price tags, but the British seaside retains a special place in our affections.

So it's no wonder we still dream of owning a seaside home, and no surprise the coastal property market remains buoyant.

According to the Halifax, coastal house prices haven't fallen at the same rate as property in the rest of the country.

Ship-shape: Picture-perfect views of Weymouth harbour
In its annual survey of the affordability of seaside towns in England and Wales, Halifax found that while prices along the seaside have dropped over the past year, house price to earnings ratios in all but three of the towns surveyed are above the national average.

The ten most affordable seaside towns are all in the North, with Whitehaven in Cumbria topping the list.

Bexhill-on-Sea in East Sussex is the first town in the South to make the list and is the 17th most affordable.

Seaside for high rollers: It's plain sailing on the South Coast | Mail Online
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