Published by Zeb BhamIndividuals considering using a foreign mortgage to buy an overseas home should take the opportunity to negotiate over the price of the property, an expert has suggested.Property writer Marc Da-Silva said there are "huge" opportunities to negotiate with vendors over the cost of a home.Such opportunities are strongest in the markets that have not yet bottomed out, he said, noting that Spain and Portugal have a number of vendors who are "desperate" to sell.Mr Da-Silva added that while now may not be an "ideal" time to invest in an overseas home, it is better than one year ago, thanks in part to an improvement in the currency conversion rate between the pound and the euro.Sterling has also strengthened against the dollar from one year ago, he said, noting that this helps to make homes in the US and any dollar-pegged country seem cheaper.His comments follow recent advice from Robin Wilson, head of overseas at Rightmove, who said that those considering buying an overseas property should work with a specialist foreign exchange dealer to get the best rate when making payments.For more information on purchasing currency for regular or one-off payments, visit our Personal FX site