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Growing number of Britons 'want to buy abroad'

Article Date : Thursday, August 30, 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

An increasing number of Britons have thought about purchasing a property abroad, according to a new study.

A survey by Foreign Currency Direct found that 23 per cent of respondents were considering investing overseas - up from 14 per cent six weeks earlier.

The firm described the increase as "no surprise", since Britain had experienced record levels of rainfall during the summer.

Peter Ellis, chief executive of Foreign Currency Direct, said: "We have had a truly miserable summer and property abroad continues to offer attractive investment opportunities."

In addition, the survey found that television shows were also highly influential in inspiring people to move abroad.

Currency specialist HiFX has also cited the wet summer as a major factor behind a recent surge in interest regarding overseas properties.

The firm said that the number of enquiries it had received this summer was twice that of 12 months ago.
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