Whether you’re an overseas investor looking to get involved in the lucrative UK property market, or you’re a UK buyer looking abroad for property, currency exchange is something that needs to be factored into your property purchase. Right now the pound’s relatively low value against the dollar is proving hugely beneficial to overseas investors buying in the UK.
Foreign exchange brokers can help you get the most value for money, as exchange rates and fees will inevitably vary. Even if the variation is small, when transferring the large sums of money involved in real estate, the amount of money saved or lost can be significant. When buying property, specialist brokers can allow you to lock in an exchange rate for a future transfer using a “forward contract”, offsetting the risk of future fluctuations.
Our team of award-winning property investment consultants can help you with this, as well as put you in touch with an independent broker. Benefits include:
- Up to 4% better rates than high-street banks
- Expert guidance on how to make transfers
- Safeguarded customer funds
- Online access: make transfers, setup rate alerts, monitor payments and view statements 24/7
Get in touch for more details!
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