As the international property market goes from strength to strength, opportunities abound for financial advisers. However, the market can be a legal minefield, so tread carefully
With the increase in house prices and average earnings in the UK, the dream of owning a property abroad is fast becoming a reality for many UK residents. Cheaper flights to Europe and further afield have fuelled the market for overseas property purchases. According to recent research from Mintel, around 800,000 British households (3%) now enjoy the benefits of owning a second residence abroad. Over the last two years the number of overseas property owners has increased by 45%. Spain, Italy and France remain popular destinations but countries such as Croatia, Bulgaria, Poland and Dubai a...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
