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Posted September 17th, 2014 by Charles Purdy

Paying for our French home was easy with Smart Currency Exchange

Thoughts of holidays at their new French home is enough to put a smile on the faces of the Andrews family, who saved money by using Smart Currency Exchange when they purchased across the Channel.

When Mark and Judy Andrews from West Sussex found their ideal French property, a traditional farmhouse in Poitou-Charentes, they used Smart Currency Exchange to send money to France to pay the deposit.

“We exchanged and sent €19,650 after our offer of €210,000 was accepted for the property and we signed the compromis de vente,” said Judy. “We saved money using Smart, after comparing exchange rates with our bank and competitors. We’ll continue to use Smart for paying our French mortgage.”

Mark and Judy, who live in Horsham with their nine-year-old twins James and Isabella, have enjoyed numerous holidays in France, principally in the south-west, as well as winter trips to the Alps. Judy speaks French, was once an au-pair in France and has worked for a French oil company. When the couple began their hunt for a French property, they knew they wanted to be near Angoulême and within striking distance of their favourite coastal resort, La Rochelle.

Boasting beautiful countryside views, the Andrews’ property is near Montboyer and has been renovated to a high standard, preserving features such as stone fireplaces and oak floors. It has three bedrooms and three bathrooms, and comes with more than half an acre of land, including an in-ground swimming pool.

Offering better-than-bank exchange rates and a personal service means Smart Currency Exchange can help buyers of French property save money and time on currency transfers, not only with the initial purchase but also with on-going costs, such as mortgage payments and bills. They can also assist people repatriating funds to the UK from the France, including vendors of French property.

 

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Posted July 24th, 2014 by Charles Purdy

What a difference a year makes – about £7,000 for a €100K property!

Can you believe that for British property-buyers a €100,000 home in Europe is today around £7,000 cheaper than it was in July 2013? And the same goes for a $100,000 property in the USA… And this is all thanks to a shift in exchange rates – nevermind any discounts that might have been applied to  Continue Reading…

Posted June 26th, 2014 by Charles Purdy

Could exchange rates spoil your property purchase?

Would you go ahead with a property purchase in the UK, knowing that what you pay on completion day could be more than the agreed purchase price? Surely not. But this is precisely what many British buyers with funds in Sterling do when they complete a foreign property transaction, purely on account of being exposed  Continue Reading…

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