Industry news and views from Panacea and our partners.
Simon Conn, Overseas finance & property specialist _
New overseas mortgage guide released this week
Simon Conn, one of the UKs leading overseas property professionals, has written a free guide for people considering buying a property abroad.
Where to buy a property abroad in 2020
In 2019 we had a steady number of enquiries from people interested in purchasing a property abroad as exchange rates more or less stayed the same throughout the year. Some spikes were occasionally seen due to the Brexit date being moved around and people wondering if it would ever happen.
Brexit and currency fluctuations behind higher foreign property purchase costs
Uncertainty over Brexit and currency fluctuations have been blamed for the increased cost of buying a property in Europe and the USA. Overseas property and finance specialist Simon Conn has seen an influx of enquiries from clients who were previously paying cash, or required a smaller mortgage, now having to either borrow more or take out a loan where one was not previously required.
Simon Conn: Brexit comment
Overseas property and finance expert Simon Conn says people are continuing to buy homes abroad, despite the ongoing issues with Brexit.
Simon Conn's top three tips for purchasing abroad
Overseas property and finance specialist Simon Conn has been concerned that key messages about buying abroad arent getting across and people are still making mistakes which could cost them dearly. These include the need to use an independent lawyer, valuer and/or surveyor and ensuring any documentation is accurately translated into a language they understand.
Where to buy an overseas property in 2019
With Brexit decisions and implications clearly on the horizon, trying to predict which road the overseas property market is going to go down this year is not easy.
Silver lining to Brits leaving Spain
Overseas property and finance expert Simon Conn has identified potential opportunities following reports that a number of British residents are leaving Spain. Spains National Statistics Institute revealed a drop in the number of Brits living there in the last five years. However, Simon believes properties being sold by people who already have a home in Spain and are looking to sell it to return to their previous country could be snapped up by other purchasers at a favourable cost, including to those based in the UK.
Simon Conns top 20 tips for buying abroad
With the overseas property market becoming more complicated and competitive, prospective buyers are being urged to undertake thorough research before committing to a sale abroad. Overseas property expert Simon Conn has seen an increase in the number of buyers not carrying out proper checks before signing on the dotted line and has put together a list of the 20 top issues to look out for.
Overseas buyers urged to use independent lawyer
In the summer months, Simon Conn, the UKs leading overseas property professional and financial advisor, sees a spike in the number of enquiries from people planning to buy in another country. This is because people take their annual holiday and come home dreaming of buying a holiday home or even making a permanent move to a foreign land.
Simon Conn: Where to buy in 2018
Here we are at the start of 2018 and since the Brexit result was announced 18 months ago, it does not appear to have had much of an impact on the overseas property market, according to Simon Conn, the UKs leading overseas property professional & financial advisor (www.simonconn.com).
Simon Conn: How Brexit is affecting the Spanish property market
Spain has always been one of the most popular countries for Brits buying abroad, but with Brexit underway and the exchange rate in a state of flux, overseas property and finance expert Simon Conn (https://www.simonconn.com) has been looking at the current state of the market.
Typical problems encountered when investing in an overseas rental property
The opportunity looks enticing, but when considering purchasing a property outside of your home country, beware of the pitfalls which could cause concern in the future. According to overseas property and finance expert, Simon Conn (www.simonconn.com), the main issues are
France still top spot for Brit buyers
France is still the number one location for British buyers looking to purchase abroad, according to overseas property and finance specialist Simon Conn.
Tips on how to turn your foreign property dream into a happy reality
Weve all done it gone on holiday, stepped away from the daily grind, relaxed in the sun, cocktail in hand, wondering how we can make this feeling last. So when we return to the unpredictable British weather, we hatch a plan of how to buy a property abroad.
Comment from Simon Conn, overseas property and finance expert, in light of recent Brexit announcement
What UK ex-pats are doing in current popular areas of Europe as opposed to the UK. I am currently getting a number of enquiries from clients who live in Cyprus, France, Italy, Portugal or Spain and who either live there or own a property and are looking to refinance for a number of reasons.
Buying residential property overseas in 2017 post Trump and with Brexit influences
After the shocks of 2016, how will the overseas property market be affected in 2017 and will the most popular areas still be of interest? Although the Trump and Brexit decisions did have an initial effect on clients potentially purchasing an overseas property - where some people have deferred until the markets have settled down in the USA after the Presidential inauguration and Article 50 is finally implemented - others have seen this as a good time to look for opportunities and bargains available in the market.
Tips for buying ski property
The ski season is now upon us and many people will be jetting off to the Alps, Pyrenees, USA and Canada for some snow and après-ski. If you are a keen skier and are thinking of buying a property in a ski resort, these are the main points you need to consider, according to overseas property and finance expert Simon Conn.
New versus old which foreign property is right for you?
As the summer comes to a close, some people will still be thinking longingly about their holidays and wondering whether to buy a property abroad.
Overseas property sector should there be doom and gloom?
Since Brexit, there have many different comments in the press about how people feel the market and economy will develop during the next few months and most, unfortunately, have been rather dour.
General tips and warnings when purchasing in a rural area
Now that the global property market is picking up, more UK buyers are looking to purchase overseas for investment and retirement purposes.
Overseas Buy-To-Let
Recessions can often offer opportunity and currently a number of countries have both residential and commercial properties that clients can purchase to rent and utilise the possible investment returns.