International money transfer could offer Brits more

Making an international money transfer abroad could help Britons to buy a much more substantial property.

Research conducted by Primelocation International has revealed that the price of an average property in the UK could purchase anything from a chic apartment to a family home with a swimming pool, if the buyer is willing to look at the international market.

A three-bed semi-detached property in Manchester, with a garden, one bathroom, a dining room and reception room comes in at £169,000.

But if families are willing to make an international money transfer to the US, they could afford a four or five-bedroom detached property, with a swimming pool, garage, two reception rooms and two bathrooms.

Ann Wright, international development manager at the property firm, commented: "The gradually growing strength of the pound and low interest rates are also contributing to Brits' decision to buy abroad.

"The traditional and established markets being looked at are likely to return to healthy growth and offer stability over the longer term but it goes without saying that caution and research remain key for any international property purchase."

Click here to make an International Money transfer to the US

Posted by Sarah Pitton