Overseas property most promising sector say 50% of IFAs

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Half of IFAs believe overseas property is the sector most likely to provide clients with stronger returns in the near future, research suggests.

In addition, three in ten advisers have seen an increase in overseas property business within the last 12 months, the analysis from financial services firm Baydonhill finds. Baydonhill says the research, based on interviews with 100 IFAs and networks, also reveals France, Spain, Italy and Portugal are the most popular countries in which to invest in property. Fiona Watts, head of mortgages at Baydonhill, says inflated UK prices mean value is now being found elsewhere. “The 30% upturn that IFAs are seeing should only increase over the next few years,” she says. “Overseas buyers are start...

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