(PRWEB) May 9, 2008
Overseas property portal Homesgofast.com has announced that it is working with Halo Financial currency specialists to provide foreign exchange services to it's thousands of visitors. Parent company Marr International, who operates the portal, believes that offering easy access to the currency brokers will make buying and selling a foreign home more profitable.
Homegofast.com promotes over 60,000 properties on behalf of hundreds of real estate agents, covering 40 countries worldwide. The portal is fast becoming one of the UK's leading overseas property websites and attracts thousands of visitors each day.
Halo Financial is a leading specialist provider of commercial foreign exchange services. Their services benefit both international business and private individuals who require foreign currency and need expert assistance in managing foreign exchange. They provide specialist advice to those buying a property overseas, emigrating or making regular international payments.
Nicholas Marr, CEO Marr International, said, "In many cases overseas property buyers leave their currency transfer arrangements as an after thought, this may result in substantial losses in a single transaction. We are delighted to be able to working closely with Halo Financial who will offer our clients their own dedicated currency dealer"
Halo Financial dealing team regularly feature on industry leading financial television news channels such as CNBC Europe, CNBC Arabia and Bloomberg. In addition, they are often invited to submit currency related news and analysis for many of the UK's most popular magazines, trade press and newspapers.
At the beginning of 2008 the portal reported a change in overseas property investment trends, with new property markets in Dubai, Brazil, Egypt Turkey becoming more attractive. Enquiries to the international real estate website from over 170,000 visitors in January 2008 give an early indication of the most sought after locations and point to an investor trend towards lower priced properties.
Over 50% of enquiries from potential investors were for properties priced under £60,000. The UK property industry has been bracing itself for a bumpy 2008. Brits looking to buy into the booming overseas property market appear to be adopting a generally conservative approach, though this figure is nevertheless is a 30% increase on January 2007.