The strong performance of sterling against other currencies has sparked an increase in the number of Brits purchasing property abroad.
Research from overseas mortgage specialist Conti found the number of enquiries about property abroad it received in the second quarter of this year was up 38% on the same period in 2013.
In the first half of 2014 enquiries were up 58% compared with the first half of last year.
Spain continues to be the top choice for overseas buyers, accounting for 59% of all enquiries in the second quarter. France, in second place, represents 27% of enquiries, followed by Portugal with 8%.
The latest Mortgage Solutions People’s Poll asks brokers if they would be able to arrange an overseas mortgage for a client, whether themselves or by using a specialist firm they have an existing relationship with.
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