Browsing Posts tagged Florida Mortgages

Orlando Regional Realtor’s Association has released its latest Market Pulse which shows the latest figures for the Market for November 2007.

November showed some improvement over October and the preceeding months – a sign of a market which is stabilising and possible on the grow in the near future.

The average mortgage rate was down by over 1/8 of a percent over September and October levels, Inventory had also fallen along with the number of New Listings – which was the most surprising news as the number was the lowest for the year – lowever than the previous Low in December 2006! The new listings of 3610 was nearly half the number in July of 6426.

This is all very exciting news. The property market in Florida represents a great investment as owners can benefit from year round sunshine as well as the great attractions and amenities available to them.

If you are thinking about buying your own slice of the Sunshine State then please get in touch with us today – with the Pound and Euro trading so strong against the weak US Dollar it is no wonder that overseas investors are seeking to buy up Florida property.

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.

Maybe it is a Florida home you are after? Or Florida mortgage? We can assist with both! We have a dedicated team of Real Estate professionals waiting to serve you and find you that perfect Florida home of your dreams. Maybe you have been fed up by the rained out British Summer this year? Or have seen the gorgeous property for sale on A Place in the Sun or Real Estate TV? – Which we have been featured on!

What ever your reason, Florida is a fantastic place to invest, with a high quality of life coupled with cheap property, gorgeous weather and the cheapest dollar in over a quarter of a century it really is the place to be!

However… you ask.. how can I afford it? Well, our team of Mortgage Brokers cajn look at the options right for you, whether what we are most famous for, the British Sterling mortgage (where your repayments are in pounds) or a US Dollar mortgage or even a Multi-Currency Mortgage they can look at what is right for you and quote you on the product you like best all at no obligation.

Wait! The system is unlike the Uk in that Realtor’s (Estate Agents as they are called in the UK) here have access to all the properties in the area, so it saves you doing the leg work and takes out the need to shop around and if you chose one of our agents to look for property for you they are acting in your interest! Similarly, with the finance side our brokers are experienced in a range of products and have a choice of lenders to look for products, again taking out the need to shop around and allowing you to concentrate on the more important things in life…like what day to go to Disney or the beach!

Call us today freephone UK: 0800 096 5989
Local USA: 1-407-396-5989

Use our online contact form

Florida property still popular with Brits looking for that dream home or investment! GE Money Home Lending, based in the UK, has seen a 100% increase in business to date in 2007, based upon the same period in 2006.

  • GE Money Home Lending sees Florida sales double year-on-year as UK buyers remain focused on the Florida market
  • Investors surge into the market place as the pound recently reached a 26-year high against the dollar
  • Current UK investors urged to looks at the long-term investment of their properties and advised against selling in the current market place

Many property investors looking towards buying a home in Florida have been warned off the market place in recent months. However, when looking at the Florida market place, it still gave a solid performance last year with house price inflation sitting at 9.5%.

Coupled with a fantastic Sterling Vs. Dollar rate which is the highest in over a quarter of a century, it makes Florida very attractive indeed!

GE Money Home Lending offers UK citizens the opportunity to secure a sterling mortgage on a property in Florida, enabling many to secure their holiday home or investment property – based upon the Bank of England base rate and a system which they are familiar with.

Read the full press release on British Homes Group’s main website

Our Blog, Florida Property, Florida Mortgages and Florida Vacation Rentals is  all you need for all things Florida, we are in Technorati and regularly found in Google. If you are reading this then you must have a passion for Florida.

How do you find blogs about things you like?

Well a blog search engine of course!! Technorati is THE search engine of the blog world, amongst others. Google also has an advanced blog search engine built in to its existing engine.
Blogging is all about updated content..so when a blog is not updated it probably isnt full of content that you will read – however our blog here for instance is updated pretty much on a daily basis with points of interest for you!

There are more than 90 million blogs on the internet so there is going to be something that you like on there!

The Orlando Sentinel Has a great guide (another one in the How 2.. series)
 check it out.

Happy Blogging!

3 new childrens rides open at SeaWorld Orlando. SeaWorld have added three more rides to Shamu’s Happy Harbor.

The park has delivered a competitive message to its rivals, Disney and Universal stating that SeaWorld has the best kids attractions! Yesterday the three new experiences for kids opened their gates. They are as follows:

The Sea Carosel, The Flying Fiddler drop ride and the Ocean Commotion rocking boat ride. Shamu’s Happy Harbor has grown since 2005 and now incorporates a kids rollercoaster and the teacups to name just two!! This is coupled with the company going back to its roots, being a family theme park not just parents and teens. Everyone can come and have fun.

At the Kennedy Space center however more gentile rides are not to be found as the new Shuttle Experience ride blasts off!!

This new ride simulates a real shuttle launch in the most authentic way yet. The "Crew" experience the sensation of 3G’s – through various trickery including the seat pressure changing as well as subtle seat movements. At the moment the fastest thrill ride in the area is Mission: Space in Epcot which has passengers experiencing 1.5G’s….

The NASA ride will surely create a following as the passengers are "blasted into space" they hear, feel and see things as if they are travelling into space. The rocket boosters jettison and the main engine cuts off where there is decelerration from 3G’s to zero gravity as the ship glides in to the black abyss. What an awe inspiring sight. The ride finished with the revealing of the Earth through "open cargo doors" above as if the Shuttle is upside down orbiting the earth which moves overhead.

What a fantastic 5 minute ride, I would love to try it!

See what Central Florida has to offer!!! Own your own home here and become an explorer of all the area has to see and do! Contact Us today!

logo

NEW FEATURE OF THE BRITISH HOMES GROUP BLOG!

Below the icons on the left navigation bay there are a group of links, British Homes Group Website, MLS Search etc etc. However there is a new addition.. loan calculator! This new page link will allow you to check the affordability of your dream Florida property!

You can also click here to access it:

Please Note: These calculators and the resulting calculations do not constitute a loan application, loan offer or loan approval.


None of the information contained in this blog/blog post constitutes, nor should be construed as Financial Advice.

This website has been around for sometime, but it is a great little resource as an insight into the ways of British Expats in the Sunshine State.

Please check it out…

http://sunnybrits.com/

If you are looking for a home in the sunshine state or maybe thinking of just refinancing your Florida property then please give us a call from the UK,
Freephone: 0800 096 5989