The number of Brits investing in property in the US has risen over the past few months, with more UK buyers tempted to the country by improvements in the sterling and dollar exchange rate.

According to Deane Roe, from Moneycorp, that firm has seen a rise of 23 per cent in the number of Brits investing in homes in the US over the past half a year.

Such news could interest those who own a property in Florida or are looking to purchase a holiday home in the Sunshine State.

Ms Roe went on to note that as well as an increase in the number of people from the UK investing in the US, the firm has noticed a rise in how many people choose to pay larger amounts of cash upfront rather than relying on a mortgage.

Buying a Florida property outright may be a good option for those who have large amounts of cash at their disposal.

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