View more on these topics

Overseas mortgage enquiries jumped 62% in August

Overseas mortgage specialists Conti says it saw a 62 per cent increase in mortgage enquiries during August which the company says has been its busiest so far this year.

Despite ongoing concerns about the health of the Eurozone’s economy, Conti says that greater numbers of potential buyers are looking to purchase in the region.

France remains the destination of choice for prospective buyers overseas, accounting for 43 per cent of enquiries this year while Spain was the second-most popular location with 36 per cent.

While France has long been the favoured destination for overseas buyers, statistics show that enquiries for France dropped by two per cent since August last year while Spain is up by three per cent.

Enquiries about Turkey are up four per cent this year with the country now accounting for 10 per cent of all enquiries, placing it in third place.

Conti director Clare Nessling says: “Traditionally our enquiry levels tend to rise around now, as people return home from trips abroad with dreams of owning their own place in the sun.

“But the uplift is even higher this year, perhaps the result of the UK’s hottest, driest and sunniest summer since 2006 inspiring more people to inves in an overseas bolt-hole which they can escape to during the cold winter months.”




The Mortgage Mole: The Donut Man

The Donut Man You’ve no doubt heard of the muffin man – he lives on Drury Lane – but now Mole hears that the slightly flabbier Donut Man has come to the mortgage industry. As you can see from this week’s caption picture, Ferndown in Dorset-based Positive Lending took a visit from the provider of […]

Ian Smart MM grey 250x255

Life is like a box of chocolates…

Sometimes it is the more quirky statistics that make people sit up and take notice. We recently carried out research that revealed people were reluctant to take out protection insurance, due to cost. No surprises there. However, they are quite happy to spend £17 on their pets, £28 on digital television and munch their way […]


Scot Prov adds over 100 roles to own occupation definition in IP revamp

Scottish Provident has added over 100 occupations to its list of jobs that qualify for income protection on an own occupation basis. The provider launched an enhanced policy yesterday which offers an own occupation definition to a wider range of occupations, including surgeons, dentists and driving instructors, all of which would not previously have been […]

Europe: Nursery slopes

After a flat year for European equities, in which the Artemis European Growth Fund outperformed, manager Philip Wolstencroft is (cautiously) optimistic about 2016.


News and expert analysis straight to your inbox

Sign up