Saving Money On Overseas Property
When looking for an Overseas property most people put a lot of effort into getting the right deal. Value for money is (especially these days) one of the most important factors for people buying property abroad.
What is often overlooked however is money that can be saved by using a currency broker, instead of your bank.
When can I save money?
1. Buying property abroad:
2. Going on holiday abroad:
3. Paying bills when your income is in another currency:
What’s More!
You can order your currency in advance. Why do this?
Let us say that you have found your ideal property and you can afford it at today’s currency exchange rate. You can buy the currency today with a 10% deposit and no matter what the exchange rate does between now and you signing on the dotted line you will have the same rate as when you bought.
Or
Perhaps you think the exchange rate is going to deteriorate between now and any likely purchase overseas you can do exactly the same thing and secure your funds at today’s rate.
Currency Alert Service
What if you have found your dream property but you are a little short of funds but at a more favourable exchange rate that property becomes affordable?
Simple ask to be notified of this event, you can ask the broker to alert you when the exchange rate is approaching your target and then you can reassess the situation.
Smaller Currency Movements
If you are going on a property viewing trip or indeed on holiday and you are sick of all the charges your bank makes every time you use your card there is a solution.
You can now get a Global Travel Mastercard that is already pre charged with the currency of your choice at the rate that you agreed to before you left.
This card is extremely handy for paying a deposit on your property should you find one and or the money you use while you are away.
An increasing amount of holiday home owners are using these cards for paying there bills abroad while they are at home.
If you are interested in learning more about these services, then fill out the form below and an agent will contact you. You will be under no obligation to use any of these services.
