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
