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International buyers could well be the key to kick starting the Florida property market and a recent alliance may be evidence of this. Stirling Sotheby’s International Realty has joined forces with British Home Loans Florida. The Florida based international mortgage brokerage company specializes in arranging financing for British, European and other 'Foreign National' homebuyers in the U.S. The two companies working together are set to make Florida mortgages for overseas buyers more competitive

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said British Home Loans and its affiliates will provide foreign national financing for U.K. and European buyers here in the U.S. through several British and American lenders including Lloyds TSB Bank.

“We anticipate this new alliance will lead to a steady stream of, not only British, but also International and domestic U.S. investor buyers for the various product groups represented by Stirling Sotheby’s International Realty,” said Soderstrom.

Soderstrom said Stirling Sotheby’s International will market a wide range of Florida properties to British Home Loans' clients through Stirling Sotheby’s Global Gallery in downtown Orlando and its auction services group.

“Under our new alliance, British Home Loans will pre-qualify all interested prospects prior to directing them to Stirling Sotheby’s,” Soderstrom said.

"Stirling Sotheby’s International Realty will also conduct home-buying seminars in the U.K. in conjunction with British Home Loans," Soderstrom added.

“With the British pound, Canadian dollar and the Euro continuing to trade at record highs, British and International buyers are finding tremendous value in U.S. luxury vacation and resort homes,” said Soderstrom, “and Orlando ranks as one of the most desirable locations for Florida home buyers from the U.K.”

British Home Loans Florida is well positioned in the U.K. and Stirling Sotheby’s International Realty brings a very recognizable brand to their market. We will offer them a wider range of property types including single family, vacation, second and retirement home opportunities,” he said. “We feel this is a very powerful alliance that will benefit not only both organizations but also the consumer.”

In a previous new report Lee Weaver, Director of Operation at British Homes Loans Florida said “Now is the perfect time to buy”, notes Weaver, “with property values dipping and the pound continuing to trade at a 26-year high against the dollar, a strong buyers market has emerged once again for British investors in the ‘Sunshine State’ - especially when combined with highly motivated builders and individual sellers.

See Article here

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