Moving to the US now costs 11 per cent less than it did in April this year, new research has revealed, something that could interest potential Florida property buyers.

Overseas exchange firm Foreign Currency Direct said the fall has been generated by the recent increase in value of sterling against the US dollar.

As well as making buying a home cheaper, the stronger pound also impacts on the price of everyday groceries, the company noted.

The result of this is that in the last two months the sterling cost of buying a home has dropped to £182,375 from £204,055.94, while a basket of groceries including egg, milk and bread has fallen from £4.94 to £4.42.

Over the past three months this cost has dropped by £21,680, the firm added, something that could further bolster those seeking a Florida property.

Yesterday saw the pound making gains against the dollar after the National Institute of Economic and Social Research produced data suggesting the UK recession may be over, with the economy growing in April and May.

Visit Rightmove Overseas for the best selection of Florida property. Stop dreaming, start searching!