Investors from countries with strong currencies continue to pile into UK property and it is not just in London anymore, as Knight Frank recently reported that 40% of its prime property in Oxford was sold to foreign buyers last year. These buyers are all taking advantage of a weaker pound, but it is nice to know that, thanks to a slight pound rebound of late, two can play that game.

Generally, Sterling has gained around 16% in value against the US Dollar over the past three years, since it bottomed-out in Q1 2009, so any currency that is pegged to the greenback will have weakened by the same amount against Sterling. However, there are obviously exceptions to that rule and that is where investment opportunities can be found.

Over the past three years many overseas property markets have fallen substantially in value and if that countrys currency has also weakened, compared to Sterling, it can create a 2 for the price of 1 opportunity compared to just three years ago.

Meanwhile, other countries have had rising property markets and a strengthening currency and buying in those countries will cost you up to THREE TIMES as much in todays Sterling as it would have in Q1 2009, which should scream SELL to anyone that was lucky enough to invest in those locations before the start of the financial crises.