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Protecting the value of your savings

Is it just us or does it really feel like anything could happen in 2016? What a year of unexpected surprises we’ve faced. Surely Leicester City winning the Premier League and the British electorate voting for Brexit was enough excitement for one year. Not according to Donald J. Trump, who delivered the mother of all surprises by beating Hillary Clinton to become the President-elect of the United States.

With so much uncertainty surrounding the future of the UK, it’s little surprise that many are considering the benefits of moving overseas. If this is your plan, it’s important that you take the necessary steps to protect your assets from further weakening of the pound, as well as the adverse currency exchange fluctuations that occur when such uncertainty is rife.

If you are planning to buy property overseas, your first point of call should be to consult a currency exchange expert like Smart Currency Exchange. As specialists in helping people to buy property overseas, Smart Currency Exchange understands the processes involved in buying abroad, and can advise on the steps you need to take to ensure you maximise your funds. At times like this, any savings are welcome, and Smart Currency Exchange typically saves their customers between 1-4 percent on every transfer compared to your high street bank.

With the strength of the pound so up and down, it’s possible that its value could fall even further. For anyone wanting to buy a home abroad, these fluctuations could instantly see that property you’ve been eyeing up on the Costa del Sol, in the Tuscan hills, or in Miami, completely shoot out of your price range. If you know for sure that you’ll be buying abroad in 2017, Smart Currency Exchange can help you lock in an exchange rate that you’re happy to trade at today. This means that in a world of uncertainty, one matter will be reassuringly set in stone – the rate you’ll be trading your currency at for a whole year. This allows you to set the price of your dream property, and to budget for all the other fees and payments associated with buying abroad.

Download your free copy of the Overseas Property Guide to learn about all of the processes involved in purchasing property abroad, and to learn more about how Smart Currency Exchange can save you money and give you peace of mind, click here for a no-obligation quote today .


 

Nov 21, 2016 | 368 Page Views

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