Many Brits are planning to take a late holiday this year in order to reduce costs, claims a new survey.

Many Brits are planning to take a late holiday this year in order to reduce costs, claims a new survey.Research from Halifax showed that one in four people are set to take a break during the low period of the year for a number of reasons, including taking advantage of the off-peak prices on flights. A further 23 per cent are looking for some winter sun and 14 per cent believe they can afford to travel further.

It is expected that more than 11 million people will take a break in the last few months of the year – spending around £9 billion on holiday plans and a further £500 million while away.

Ken Stannard, Halifax director of credit cards, said: “Low season holidays hold a great deal of appeal for those that are looking to get away but still make the most of their money.

Recent research conducted by Hotelbook.com, concluded that one in five people leave booking their holidays to five days before their departure.

Nicholas Scott.

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