Did you know?
You could lose up to 4% of your money when exchanging currency with your bank!
You'll be pleased to hear that due to the highly volatile nature of exchange rates and the impact they have on the cost of buying an overseas property, Azure Property International have chosen to partner with the foreign currency experts Halo Financial to help you obtain the best exchange rate when buying your dream property abroad.
How do exchange rates affect my property purchase?
As international property will almost certainly be priced in a currency other than pounds sterling, it's important to realise that you may need to undertake a foreign exchange transaction to pay for the property – sometimes in several stages – and this will expose you to currency risk. It's essential to choose the right time to buy currency because if you don't pick the ideal exchange rate, your property could cost you more than you had expected. Take a look at the following example:
A Spanish property priced at €250,000 would have cost you £177,860 to buy in mid December 2007 but £200,803 by mid April 2008. That's an increase of £22,943 in only 4 months – and it's solely due to exchange rate fluctuations.
Buy your property on budget with expert guidance, patiently delivered
The good news is that Halo Financial and their expert currency consultants can very simply help you reduce your currency risk, so that you can buy your property on budget. They combine financial expertise, the latest technology and a round the clock trading presence to ensure they secure the best possible deals for you. So at Azure Property International we'll help you find your dream property whilst Halo Financial can help simplify the process of buying currency and reduce how much you need to pay for it. Now that's a good deal!
Halo Financial deliver:
- Market leading exchange rates (up to 4% better than the banks)
- 0% commission charges
- Protection against exchange rate volatility (fixed for up to 2 years ahead)
- A prompt, proactive service at all times delivered by your personal currency dealer
- One point of contact
- The information you need, when you need it
- Extended opening hours of 8.30am – 8pm Mon – Fri; 9am – 1pm Sat
- Transparency and accountability
- Security and satisfaction
They will:
- Save you money
- Simplify the buying/selling of foreign currency
- Swiftly transfer your international payments
It's free to open a trading facility and there's no obligation to use their foreign exchange services. So contact Halo Financial – exchange rates can fluctuate greatly so it's never too early to investigate such an important service.
Five minutes of your time today, could save you £'000's when you buy your property abroad.