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Follow on Google News | QE spells heaven for overseas property buyers in EuropeBy: Offshoreonline.org In both cases, exchange rates have moved significantly to favour those thinking of investing in assets priced in euros, such as property in France Spain, Italy or Portugal. The benefits are there for all, whether you are hoping to snap up a ski chalet, a country house in rural France, a finca in Spain or a villa in Italy. One year ago, expatriates based in Middle and Far Eastern countries where the exchange rate is pegged to the US dollar would have needed around $1.35 to purchase one Euro. Move forward 12 months, with QE underway in Europe and the Swiss Franc cap removed, those same euro mortgage (http://www.offshoreonline.org/ In the UK too, the position is similar. A year ago, a euro would have cost around 83pence, today that price has fallen to around 75pence, a fall of some 10%. Guy Stephenson, a spokesman for international mortgage brokers Offshoreonline.org (http://www.offshoreonline.org) said, “For those looking to invest in European property, recent dramatic changes in exchange rates have been good news. US dollar and sterling based buyers have seen effective price falls of between 10% and 20%. Against the background of a still weak property market in much of Europe, this opens up some very attractive opportunities for property buyers from overseas.” At the same time, euro mortgage rates in France continue to edge lower, with any long term fixed rates having been cut recently. 10 year fixed rates are now available from just 2.70%, allowing buyers to lock into a high level of repayment security, whilst euro mortgages are available in Spain from 3.55% and in Italy from 3%. For more information on expat international euro and sterling mortgages, please visit www.offshoreonline.org For further press information: Paul Rogers 020 8333 9125 Email: clients@nacelle.co.uk Note to Editors Offshoreonline.ORG is a UK regulated specialist expatriate broker offering advice on UK, French, Italian, Portuguese and Spanish mortgages. The company also offers information on life insurance, pensions and savings for UK expatriates anywhere in the world. Offshoreonline.org is the website of HR Independent Financial Services Ltd, which is regulated in the UK by the Financial Conduct Authority. Offshoreonline.org .org pioneered the concept of the discount broker in the expatriate market when it started offering no fee deals on many popular offshore savings funds in 1998. Overall, the company aims to bring high quality UK regulated advice and service to UK expatriates worldwide in the areas of pensions, mortgages and life cover. The company is UK regulated by the FCA for investment business, giving offshore customers the reassurance that they are dealing with a reputable organisation. French expat euro mortgage rate drop, fixed rate euro mortgages expat euro mortgages, expat mortgages, French euro mortgages, fixed rate euro mortgages, international mortgages, international euro mortgages, fixed international expat mortgages End
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