Brits move abroad to escape credit crunch

Friday, September 5th, 2008

More and more Brits are leaving the UK to set up home abroad due to the credit crunch, according to currency specialist 'HiFX'. Last year, record numbers of UK citizens moved abroad permanently and the company states that enquiries about emigration have increased by 30% this year. The findings suggest that Brits may be feeling the economic effects ...

Foreign Property Unaffected by Credit Crunch

Friday, August 29th, 2008

Since UK property began to soar in cost, many purchasers have been buying property abroad which is a trend that is continuing despite the credit crunch. Many forecasters are warning however that the impact of the credit crunch may begin to affect foreign property markets eventually as fewer British investors ...