crisis! what crisis?

[martin]

phew looks like things are on the up (if your a noverner in portugal that is)

buyers are back!

see here

http://www.channel4.com/news/articles/b ... al/3610777

[nod]

what level is required on EUR/GBP to entice UK buyers back into the market, 0.80?

[EMM]

Obviously the £/E relationship is a vital factor but what has changed since the heady days of 5 years ago is the lack of finance.
Mortgages were easy to come by.
There was considerable equity in UK properties that was released to buy overseas.

This is not the case now or likely to be for some time.

I doubt that we will see the UK buyer back for some time other than those with cash to buy and of course they will increase in number as and when ( IF ) the rate of exchange improves.

[completecarvoeiro]

Always prepared to look at a reasonably priced property wherever it may be,new build or properties needing work.