New research from retirement specialist Hodge has found that the Isle of Wight is the UK’s most desirable retirement location, at a time when Brexit uncertainty is leading to Brits trading foreign retirements for permanent staycations.
The research found that just 1 in 10 people aged 60+ would consider retiring abroad, with nearly three quarters (74%) saying that Brexit uncertainty was a major factor in their decision to stay in Britain.
While 89% of people said they were planning on staying in the UK, just over a third (35%) said they were planning to move to another part of the country in retirement, with the Isle of Wight taking the top spot among retirees. Other popular destinations include coastal location such as Cornwall, Devon, Dorset and Pembrokeshire.
According to retirees, the top considerations when choosing a retirement town were a low crime rate (73%), good selection of local shops (79%), variety of pubs and restaurants (71%), access to a beach or the sea (69%), low volume of traffic (63%), good phone signal and internet connectivity (58%) and an older population in the area (54%).
Top 10 UK retirement destinations:
| Position | Destination | Percentage | Average house price (Zoopla) |
| 1 | Isle of Wight | 16% | £255,558 |
| 2 | Cornwall | 14% | £278,083 |
| 3= | Devon | 12% | £297,921 |
| 3= | Dorset | 12% | £345,340 |
| 4 | Pembrokeshire | 10% | £201,801 |
| 6 | West Sussex | 9% | £392,418 |
| 7 | Oxfordshire | 9% | £442,698 |
| 8 | Norfolk | 7% | £266,006 |
| 9 | Cumbria | 4% | £205,710 |
| 10 | East Sussex | 3% | £368,707 |
They obviously haven’t understood, or are unaware of the lack of adequate healthcare facilities, especially for the elderly
Yes – I was thinking that. Or the care services here.
But there is lack of adequate healthcare facilities everywhere in the UK.
The grass is always greener the other side of the, in this case , water.
Just as long as the retirees bring their money with them. Oh, and their Doctor, Dentist, Care workers etc.etc.
Ha, more stunt driving to look foreward to 😀