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With open borders and ease of travel, more and more people are investing in the overseas property market . Our specialists are on-hand with a choice of products to help ensure your investment is not ruined by unexpected currency fluctuations. For those of you with an overseas mortgage, we can also fix a rate for up to 2 years in advance.
Buying propery abroad is a large investment which can end up costing more than you expect through negative exchange rate movements. No1 Currency can protect you from currency fluctuations, guaranteeing you a great deal!
Exchange rates can change dramatically from the time you agree to buy to the time you actually pay for your property abroad, resulting in a potential increase in the total cost.
|Property price at date of Purchase||Property price at date of Payment|
|Purchase value (€)||€150,000||€150,000|
|Euro rate (€)||€1.407||€1.317|
By not seeking advice and planning the transfer you could end up paying £7,286 more.Example taken live over a 3 week period between 10/12/2007 & 02/01/2008
No1 Currency have a choice of products that can help protect you from currency fluctuations.
The case studies below help explain the whole process of buying property abroad in more detail and illustrate the benefits gained from using a foreign exchange specialist:
To speak to one of our currency specialists select your preferred route below:
My job as a makeup and hair designer takes me all over the world from inner cities to the remotest parts. Different countries and currencies pose no problems for No 1 whose efficiency and expertise help me make the most of my money. Make the money; leave the rest to No 1.
Peter Swords King
Oscar and Bafta Winner 'Lord of the Rings'