Could international money transfers to France be on the rise?

20

Sep

2010

Tags:
 HiFX News@ 12:00 AM

International money transfers to France could be on the rise as the country has been revealed as a favourite destination for Britons.

A survey conducted by overseas mortgage specialist Conti, revealed that France is still top of the list for overseas property hot spots.

In fact, the country has a 43 per cent share of all mortgage enquiries received by the company this year.

This is a 12 per cent increase on 2009 and a 29 per cent jump on 2008 levels.

Clare Nessling, operations director at the firm, said: "It's clear that investors are favouring the tried and trusted locations when it comes to overseas property. But they also want easy access, good rental opportunities and security with price appreciation over the long term.

"On top of this, the falling value of the euro has made property in the eurozone around ten per cent cheaper to British buyers over recent months, so this is also contributing to the increasing popularity of France and Spain."

Click here to make an International Money transfer to France

Posted by Thomas Barber ADNFCR-1995-ID-800072622-ADNFCR

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