Corporate foreign exchange news

Published by Jamie JemmesonThe French and Spanish property markets will continue to grow in the coming years on the back of continuing popularity with expats and second-home buyers, according to Property Frontiers.Commenting recently, Christopher Chadd, head of research at the property firm, said that both markets will remain popular with British buyers because of the ease of travelling to the two countries.For those who are considering buying a property overseas, researching foreign exchange rates could help to reduce the overall cost considerably, while smart buying strategies could also help to maximise travel money for those planning a trip to view potential properties overseas."No matter what is happening in global property markets, nothing speaks to the British investor's heart as much as owning that second home in the sun," said Mr Chadd.His comments came in response to research published by Primelocation earlier this month, which showed that searches for international property were up more than 100 per cent year-on-year in November.For more information on purchasing currency for regular or one-off payments, visit our Personal FX site