Flight plans 'important for overseas purchases'

Currency exchange rates aren't the only thing to take into account when purchasing a property overseas.

If you are buying a house to rent overseas then you should avoid choosing a property in a destination with just one flight plan.

Indeed, Jonnie Irwin, presenter of A Place in the Sun, said: "We've all seen people like EasyJet pull out of a certain destination. When that carrier stops taking people to that destination, your rental potential stops, and your accessibility to that destination for yourself stops."

However, currency exchange rates are also worth considering. You could potentially lose money if you do not find a competitive rate of exchange when transferring your rental income from abroad back to your bank account in the UK.

Mr Irwin added: "Start to think about, wherever you are looking, how you're going to get there and how you are going to get back, and how your potential renter is going to get there too."

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Posted by Sarah Pitton