Florida Real Estate, Tourism and Immigration News

Current exchange rates are relatively stable for the Pound and the US Dollar even in light of the recent market correction. In mid March the rate is hovering around the $1.93-$1.95 to the £1 mark. However you only have to look back to mid march last year where the Dollar was hovering around the $1.75 to the £1 mark, after falling from a level similar to today.

What does this mean? This means that US Dollar investments from a £GBP perspective are very cheap. With relatively low interest rates and an exchange rate nearly brushing the $2 to the Pound mark now could be one of the best times to buy a Florida property.

To put this into perspective, $250,000 is a good starting point for a villa with pool in the Kissimmee, Davenport area at today’s exchange rate (3/19/07 – $1.94/£1) that equates to: £128,462.

The median home price in Orlando has increased to just above this level, to $255,000.

A BARGAIN!

What would £128,000 buy you in the UK? Well, according to the Land Registry, not a lot. The latest figures from them (Jan 2007) show that the Average Price for a terraced house in England and Wales is £136,106. – That is the cheapest average price. A detached property average price on the list was £266,770!

What would the £128,000 buy you here in the Orlando area? Well, it does depend on location, but if you looked in the popular Poinciana area near Kissimmee you could have a 2005 4 bed 2 bath detached 2 story corner lot executive home with over 2800 sq. feet - nearly 3 times the size of the average UK home of around 1000 sq. ft!

We specialise in the British mortgage which is a sterling mortgage for your Florida property, which has a minimum deposit level of 20% – much lower than US Lenders.

In short, for around a £25,600 deposit you could have your dream home in the sun!

GET IN CONTACT WITH US TODAY FOR YOUR FLORIDA DREAMHOME!

0800 096 5989

Most Brits have never heard of the City of Mount Dora, just under an hour north of the bustling city of Orlando is a different world, of horse ranches, open orange groves and pasture amongst green sub-tropical rolling hills.

Mount Dora is nestled up against Lake Dora, a prime location for fishing and boating. This historic town is famed for its antique markets and it art. With downtown full of quaint shops and Donnelly Park taking up a whole block. This is small town America at its very best, with boutiques, iced cream and coffee shops. The gorgeous brick buildings and southern architecture will charm all.

What better place to have a second home away from the hustle and bustle of Orlando and its theme parks. This is the alternative Florida.

Remember here at the British Homes Group we can put a Realtor in your search area at your fingertips and can help with financing accross the whole state, your property need not be a Short Term Rental Villa near Disney, it could be a victorian house in historic Mount Dora.

The Results are in! After a tough competition the results are finally in! After 14197 votes the winner has been deceided for the America Dream Town award 2007! The Winner is…CELEBRATION, Florida!

The planned community of Celebration has an interesting history and had 5630 votes! The runner up was Edenton, North Carolina with 1714 votes. This town is littered with gorgeous traditional American homes with a wide array of price tags. Feel free to search the MLS System to look for yours dream home in Celebration, this town has everything on offer and more!

Logo ©American Dream Town Inc.

American Dream Town ™, Copyright 2003 by American Dream Town, USA
This Award Program is a child of ADTown Team, The AD Show and Seven Stars and Stripes Inc.

Get an inside look at the model home here at the British Homes Group Blog! This development at the gorgeous West Haven site is perfectly positioned for access to Disney and other attractions the area offers. These quality homes all homes come with a spa and many include what would usually be termed ‘builder upgrades’ as standard equipment. The three models currently being offered include the Nottingham Holiday, The Woodford Holiday and The Hampton Holiday.The development is located just west of the Champions Gate area within easy access to the I-4 and subsequently minutes from Disney yet out in the secluded rural area of Polk County. These homes are built to a very high quality and specification by Lennar and are gorgeously presented. These homes should not be missed.

Check out this video of the model home (Nottingham) and call us for more details…This is an opportunity not to be missed! The gorgeous pool and spa gives that added Florida feeling to this luxurious home.

Please contact us today on our UK Freephone: 0800 096 5989

or our US Toll Free Number: 1-888-407-2748

and we can put you in touch with a Realtor who can show you the homes and a Mortgage Adviser who will be able to help you get the best deal for you on a Mortgage. – UK Buyers are advised that at this current moment in time with the exchange rate hovering near $2 to the £1 these homes surely are a good buy.

You can use our CONTACT US form to contact us by email, by filling out this form someone will give you a call and talk to you about your dream.

The MLS system, unknown to many outside of the US and Canada is now being discovered by British Buyers looking for their dream Florida home. It is one of the most popular features of the British Homes Group website, it is the one stop shop for Buying Florida Villas. The MLS System is unique as it means no trawling between real estate agents searching for property, you can do it from one easy convenient search engine.

With a favourable exchange rate at the moment now is the time to find your Florida home!