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Overseas property buyers 'should get expert advice'

Article Date : Thursday, September 06, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Overseas property buyers are more likely to get a good deal if they seek independent advice first, according to an expert.

Clive Statham, managing director of Anglo Portuguese Mortgage, said independent advisers were familiar with the various mortgage products available in different markets and could guide investors through the best options.

He stated that it was essential for people who chose to take out a mortgage to see an external adviser not directly linked to the estate agent and bank, as they could look around and find the most suitable deal.

Speaking to Homes Worldwide, Mr Statham added that if people spoke to specialists in particular countries, they could benefit from their local expertise.

He commented: "An independent advisor will be aware of the clients' needs and will be able to discuss these with a variety of banks to find the most suitable product."

Recently, Jackson International urged investors to be diligent when buying abroad and to act the same they would when buying a house in the UK.
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