Property searches and mortgage applications for overseas real estate increase

[Nicholas Wallwork]

Property bargain hunters from the UK are taking advantage of low prices in popular overseas*holiday home locations with real estate searches and mortgage applications increasing, it is*claimed.

European banks have not suffered as much from the sub-prime crisis as UK mortgage lenders and*overseas mortgage providers have money to lend to foreign investors, according to mortgage broker*Conti Financial Services, which specialises in overseas mortgages.

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