Buying Currency For Overseas Purchases
When buying an overseas property, you’ll eventually have to pay a deposit, staged payments and/or the full purchase price. During this process, you’ll be required to convert your British Pounds to the currency of the country you’re buying in.
Since the exchange process is simply one tiny aspect of the entire transaction, many buyers fail to give it solid attention and make a fundamental mistake…
Most buyers understand that the price of currency fluctuates second by second as it gets traded on the currency market floor, and they also realise that banks add on at least a 2-5% profit margin when selling the currency to you, the end-user. HOWEVER what they don’t realise is that there are ways to purchase currency at a far more competitive rate.
Landlord Trader is pleased to have teamed up with Smart Currency Exchange who is able to get even better rates than your high street bank. They do this by dealing directly with the currency trading floors to pass on the savings to you. This will ultimately make your purchase cheaper so they are certainly well worth a look.
Landlord Trader has found Smart Currency to be very professional and extremely helpful and we are delighted to offer their services to you as a foreign currency solution. This is what they specialise in, so they know what they are doing and don’t waste time doing anything else! It is also encouraging to know that the Directors are property investors themselves.
Furthermore, they can reduce your risk on currency fluctuations by fixing a rate for you in anticipation for a future purchase within 6 months.
With Smart, you’ll get:
- better-than-bank-rates (saving you £000’s)
- a free exchange and transfer account
- pay no commission or transfer fees
- access to free resources (i.e. free reports, articles, investment tick-lists, overseas guides, and on an on); and
- an exclusively personal service dedicated to overseas property buyers only
Why not fill out the form below to get more information on how Smart can save you money.
