Released on: October 11, 2008, 3:17 am

Press Release Author: Lee Weaver

Industry: Real Estate

Press Release Summary: The purpose of the British Homes Group "webinars" is to
explain the process and answer all the questions potential buyers might have.

Press Release Body: London, UK, October 11, 2008 -- In order to help British
property buyers get to grips with the growing trend in online property auctions an
Orlando-based mortgage company British Homes Group (BHG), will hold internet auction
seminars on October 21st at 19.00 GMT.

The purpose of the British Homes Group "webinars" is to explain the process and
answer all the questions potential buyers might have. BHG will also feature a
selection of quality Florida holiday homes and other investment properties in the
Orlando area that will be auctioned in collaboration with Stirling Sotheby's
International Realty on November 8.

Luxury homes in Florida are at their lowest price right now, but to secure an even
better bargain you need to go to auction. Experience now shows that properties sold
at auction can be half price or less off current values.

For some Brits, however, bidding for a luxury home over the internet can sound
daunting. The on-line auction route is a quick and definitive route to buying a home
and also saves money on airfares. But how do you do it safely? And how can you be
sure that what you are really buying is a bargain?

Bill Cowie, director of British Homes Group says: "These auctions are not a dumping
ground for private owners to offload secondary real estate rubbish. In this market
they are also a sales platform for top US developers to turn their newly completed
luxury homes into much-needed cash. As a buyer you need to be aware. The first step
is to make sure you are dealing with reputable companies, get prepared and
familiarise yourself with the procedure. Then if your bid is successful, it may turn
out to be the quickest, most hassle-free and best investment you've ever made."

British Homes Group is an Orlando-based, UK-staffed estate agency and mortgage
brokerage company specializing in finding and financing Florida holiday homes and
investment properties for UK residents. BHG is a "one stop shop" for all things
Florida property and prides itself on offering advice and guidance with no pressure
on people just enquiring about the market.
BHG has assembled a team of totally objective professional advisors on all subjects
including UK and US law, immigration, tax, insurance and who will guide people
through all aspects of buying a home in Florida, from on-line auctions through to
buying furniture and sourcing decorators or interior designers.

The next auction on November 8th will feature a selection of properties developed by
Ginn Resorts Ginn Resorts a US developer with many resort communities throughout the
south-eastern US and Florida.

In a previous auction Sheila Harrison of Luton, Bedfordshire snapped up a new
three-bedroom apartment at Lely Landings in upmarket Naples, West Florida for
GBP100,000 ($200,000). The list price was double that at $399,000 and a near identical
apartment at Lely Landings was independently valued in November 2007 for $397,000.
Brian and Debbie Gill from Leamington in Warwickshire successfully bid $270,000
(GBP135,000) for a 6th floor three bedroom apartment at Oceanwalk Condominiums on the
south beach area of New Smyrna Beach, Florida.

Lee Weaver, Director of Operations of The British Homes Group, says: "In all our
years helping UK buyers find Florida dream homes, there has never been a better time
for Brits to buy in Florida. With high supply of properties and low demand from
locals, and the difficulty of getting credit here, the market has never been so full
of bargains. The weak dollar against the pound presents excellent value for buyers
from the UK and Ireland."

Web Site: http://www.britishhomesgroup.com

Contact Details: Lee Weaver
British Homes Group Florida
2960 Vineland Road,
Kissimmee, FL 34746
(407) 396-9914
Info@BritishHomesGroup.com
http://www.britishhomesgroup.com