HIFX ADVICE FOR BUYERS FEELING JITTERY ABOUT FLUCTUATING EXCHANGE RATES
If you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
With the markets in turmoil, property prices in flux and Sterling falling against the Euro, but still riding high against the Dollar, anyone intending to buy property overseas would be forgiven for getting the jitters. In the last eight months a European property priced at €200,000 has become £24,677.40 more expensive to a British buyer due to fluctuating exchange rates*. Currency specialists HiFX are however urging prospective buyers not to abandon their plans but to seek advice on how they can use current exchange rates to ensure they get a great deal on a property abroad. …
More: continued here
Tags
Popularity: 4% [?]
Stumble it!The weak pound sterling / euro exchange rate could be used to your advantage, according to foreign exchange specialists HiFX. Mark Bodega, Director of HiFX, says "Most buyers work to a budget and changes in the euro/sterling exchange rate have therefore led to people reviewing what properties they can afford". If you.....click title for details
If you are thinking of buying a property in France - investment, residential or holiday home - there is no better time! The £ sterling / Euro exchange rate is at £1 = 1.51 euros. So a property priced at 151,000 euros will cost £100K (plus notaire charges). With further UK.....click title for details
