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, Valesium have chosen to partner the foreign currency experts Halo Financial to help you obtain the best exchange rate when buying your dream property in France.
How do exchange rates affect my French property purchase?
As French property will almost certainly be priced in Euros, 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 Euros 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 French property priced at €250,000 would have cost you £177,860 to buy in mid December 2007 but £190,300 by mid January 2008. That’s an increase of £12,440 in only 1 month – 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. What’s more they’re a friendly and patient bunch; they understand the French property market and will answer any questions you may have. So at Valesium we’ll help you find your dream property whilst Halo Financial can help simplify the process of buying Euros and reduce how much you need to pay for it. Maintenant, ça c’est un bon accord!
Halo Financial deliver:
- Market leading exchange rates (up to 4% better than the banks)
- 0% commission charges
- Protection against exchange rate volatility (fixed up to 2 years forward)
- A prompt, proactive service at all times delivered by your personal currency dealer
- 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 – the Euro exchange rate can fluctuate greatly so it’s never too early to investigate such an important service.
5 minutes of your time today, could save you £‘000’s when you buy your French property.
