Seasons in the sun

- Laurent Schonbach, European development manager, high net worth division at Hiscox
- 24 Jun 2004
- Indicative reading time: 3 minutes

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Buying second, and in some cases third, homes is becoming increasingly popular for UK homeowners. While this creates great opportunities for brokers and insurers, paying attention to local details is crucial. Laurent Schonbach explains

More than half a million UK homeowners also own property abroad.

With continuing high property prices in the UK, and the wealthy 'baby-boomer' generation entering retirement age, the number of people

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