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France still No.1 for Brits buying abroad

19 September 2011

But Spain in defiant comeback, accounting for one in three enquiries Portugal pips Turkey to the post for third place France still reigns supreme when it comes to Brits buying abroad, according to the latest overseas property �hot spots� report compiled by Conti, the overseas mortgage specialist. The country is top of the list for the third year running, with an impressive 39 per cent share of mortgage enquiries received by the company this year. In a defiant comeback, however, is Spain. In second place, it accounts for almost a third (31 per cent) of enquiries received, up by seven per cent on last year, and by nine per cent since 2009, proving that our love affair with this country is far from over. Conversely, enquiries about French mortgages are down by four per cent on last year. Portugal, accounting for 12 per cent of enquiries, has swooped into third position for the first time, enjoying a five per cent increase on last year. A surge of enquiries during August meant that it pipped Turkey, which has taken third place for the last three years, to the post. Interest in Turkey has declined slightly as it claimed 11 per cent of enquiries compared with 18 per cent last year... Please download document below to view full press release.

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