Foreign property 'more attractive'

British property investors should consider taking advantage of the strength of the pound and buy abroad, a leading currency specialist has suggested. According to HiFX, purchasing property in hotspots such as Brazil, Mexico, Malaysia and the Dominican Republic could save investors thousands as they take advantage of the strong British currency. Sterling has just reached a 15-year high against the US dollar and currently stands at $2, which is about 20 per cent higher than the 20-year average of $1.65.
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