Compare Money Transfer News - November 2011
Location is key when investing in property
(November 30, 2011)Property speculators thinking of investing in real estate have been reminded about the importance of location.
Thomas Wuhrer, owner of HotelInvest, a real estate agency for hotels in central Europe, pointed out that real estate in prime locations near gold and blue chip shares provide the perfect security against inflation.
Potential buyers were encouraged to consider investing [...]
Research ‘is essential when buying property abroad’
(November 29, 2011)Potential property buyers thinking of acquiring a home in a foreign country have been advised to conduct thorough research before committing to a purchase.
Liz Rowlinson, editor of A Place in the Sun magazine, stressed that thorough prior research is essential for people contemplating buying foreign property because the systems in place for buying overseas are [...]
World Bank and African Union launch remittance information scheme
(November 29, 2011)The World Bank and the African Union have launched a new initiative aimed at promoting cheap international money transfers to and from Africa.
As part of the Send Money Africa online database, consumers will be able to compare the prices charged by different international money transfer companies so they can obtain the best deal when sending [...]
Hotel investment opportunities ‘on the rise’
(November 28, 2011)Businesspeople interested in investing in hotel ventures abroad have been advised that now is the best time to acquire a property.
According to Jeff Weinstein, editor-in-chief of hospitality publication Hotels magazine, a number of hotels are currently available at a favourable cost, so investors looking for a bargain would do well to make purchases as soon [...]
Overseas Pakistanis send $4bn back home
(November 24, 2011)International money transfer transactions from Pakistanis resident in the UK and in order parts of the Pakistani diaspora have increased markedly over the past few months, new figures reveal.
According to data from the State Bank of Pakistan, the proportion of overseas Pakistanis sending money home increased by 23 per cent over the four months to [...]
Buy-to-let mortgage options ‘on the rise’
(November 23, 2011)Buy-to-let property investors looking to enter the London housing market within the next few months are likely to see more choice in mortgages available to them, an expert has predicted.
According to Gavin Elley, relationship manager at Mortgages for Business, which specialises in buy-to-let mortgages and property development finance, there has been a marked increase in [...]
Interest in east London property ‘on the rise’
(November 23, 2011)International money transfer transactions to the UK could be on the rise as interest in properties in East London increases.
According to Graham Lock, director of House Network, the property market in London is very strong at the moment, with most of this strength coming from the eastern part of the city.
He pointed out that demand [...]
Brits keen to accept jobs abroad
(November 22, 2011)Overseas money transfer transactions could be on the rise following new research that reveals that British people are increasingly interested in moving abroad.
According to a survey carried out by communications firm Skype, half of all people questioned said that they would consider accepting a job abroad because modern technology has made it easier than ever [...]
Axia FX launches joint venture with Aether Mobile
(November 18, 2011)International money transfer company Axia FX has launched a joint venture with telecommunications company Aether Mobile.
The two companies revealed that they will be working together to provide customers with even more opportunities to save money when buying foreign currency or conducting international money transfers for business or personal use.
Under the new joint venture, customers will [...]
Interest in Irish property ‘on the rise’
(November 18, 2011)International money transfer transactions to Ireland could be on the rise following growing interest in property in the country.
According to a recent study from Rightmove Overseas, demand for property in Ireland has been growing, as house prices decline to all-time lows and UK buyers realise that there is a surplus of properties across the country [...]