Published by Zeb BhamIndividuals from the UK are still considering applying for foreign mortgages to buy a second home, it has been claimed.There has been a drop in the number of speculative purchases, property provider Assetz claims, noting that more people are now thoroughly researching a potential home abroad before opting to buy.Chief executive of the company Stewart Law said: "The froth has been taken off the overseas market in recent years as amateur investors were deterred by increased risk and the end of sky high capital gains."Despite this, a new market of more experienced investors is emerging, he said, noting that they are in search of solid long-term investment options.People now consider long-term rental income rather than capital gains when choosing where to use an overseas mortgage and invest in a home abroad, the expert suggested.Traditional destinations such as France remain a popular choice, he said.Earlier this week, Robin Wilson, head of overseas at Rightmove, noted that there still remain plenty of opportunities for successful investments in Spanish property.For more information on purchasing currency for regular or one-off payments, visit our Personal FX site