Summary
Many Britons who bought homes abroad might be forced to sell up in 2011 as currency movements go against them and rental income which they need to cover the mortgage fails to materialise, says a new analysis.
The report, by foreign exchange broker Currencies.co.uk, claims that more than a third of the homeowners who let out properties within the eurozone saw lower occupancy rates in 2010 and therefore lower rental income than expected when they arranged their mortgages to buy.See the full content of this document
Extract
Overseas Owners Might Have to Sell
The broker also says that many owners a...
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