Florida Mortgages: GE Money’s British Mortgages Abroad Withdraws Lending in Florida

October 26th, 2007 admin Posted in Uncategorized |

Lee Weaver Director of Operations at the British Homes Group in Orlando, Florida Has His Say On How Business is Booming

The British Homes Group were pioneers in the formation and launch of the British Mortgages Abroad program and their Director of Operations, Lee Weaver has commented on the programs withdrawal as well as the current situation in Florida.

“Now is the perfect time to buy”, notes Weaver, “with property values dipping and the pound continuing to trade at a 26-year high against the dollar, a strong buyers market has emerged once again for British investors in the ‘Sunshine State’ - especially when combined with highly motivated builders and individual sellers.

Business for the British Homes Group is booming with a high level of enquiries on purchasing a Florida property flooding in every day as people cannot wait to take advantage of this great opportunity.

Despite British Mortgages Abroad’s withdrawal as they focus on their UK operations the British Homes Group has a range of products available for the British Buyer.

With competition heating up between the US banks and the added benefit of a British based multi currency loan (which can be repaid in pounds, dollars or euros) the options are plentiful.

“This is a very busy time for our company”, said Weaver. “sales enquiries are reaching the record numbers of three years ago, the only difference being, there is now inventory available to meet that demand”.

“Our ‘UK connection’ has become very popular in the past few months”, adds Weaver, “as US Realtors, UK real estate agents and local developers have become aware of our services and strong position in dealing with the British market”.

If you are considering purchasing a home in Florida please get in touch by calling freephone 0800 096 5989 or by filling in our online contact form here.