Florida Real Estate, Tourism and Immigration News

With concerns over the real estate market at present and the number of foreclosure properties you would be forgiven for thinking the outlook is bleak.

However, the opposite is true, prices are holding and in some areas increasing – foreclosures however are presenting a great opportunity for investors to purchase homes at rock bottom prices!

With the exchange rate for British buyer’s being at the best rate for a generation (at over $2 to £1) Now is the time to buy!

With a 5 bed pool home 15 minutes from Disney, furnished with bookings in place for under £110,000 (at the current exchange rate) why wouldn’t you want a home in the Sunshine state! 

British Home Loans, the Mortgage Brokerage arm of the British Homes Group is pleased to offer in addition to its US Dollar Mortgage products the fantastic Multi-Currency Mortgage that allows borrowers to switch the currency of their mortgage to one that they desire!

This product has had some coverage in the press recently as a really fantastic flexbile product for purchasing a home in Florida.

With the current strength of the Pound against the Dollar there is no question that having a Sterling Mortgage on a Florida property is definately something to consider.

With GE Money suspending lending in Florida the Multi-Currency product offers a great alternative for having a mortgage in Sterling, recent coverage in the press has been extensive.

Please get in touch if you would like more information on the Multi-Currency product if you are thinking of financing or refinancing a Florida property – use our online contact form below or call us on our freephone UK number 0800 096 5989.