Buying a property or investing overseas?
Changing exchange rates could make you pay much more

"We understand the importance of getting value for money." When you’re buying your overseas home, you also need to think about how you will make the payments on your new property. As you know, exchange rates move on a daily basis, and this can have a dramatic effect on the amount you will eventually pay on your stage payments.

The facts bear this out. Research carried out by foreign exchange specialists Travelex shows that changes in exchange rates add an average of £7,000* to the price of a typical overseas property. For example, in August 2004 a €200,000 home cost £132,363. By January 2005, the price had risen to £141,643, that’s a difference of £9,280. Are you covered against this risk?

Here at Overseas Property Shop, we understand the importance of getting value for money. That is why, after careful research, we have decided to form a partnership with Travelex to offer you the very best in foreign exchange services.

Travelex lock in the exchange rate you pay

Travelex foreign exchange for homebuyers is designed to eliminate the risk of changing currency rates by locking in the exchange rate in advance of your purchase.

As the world’s largest foreign exchange specialists, Travelex have 160 years of experience and close links with 4,000 financial institutions worldwide. They have offices in 35 countries, trading floors on four continents and serve over 29 million customers each year. Now this expertise and the competitive rates Travelex can offer are available to you, as a client of Overseas Property Shop.

Travelex can also help you with:

• Free transfers
• Commercial exchange rates
• Direct bank transfers
• A dedicated contact at Travelex
• No commission
• No fees
• No obligation

Talk to Travelex and your dedicated contact will secure a competitive rate, manage the transfer of funds and track the payment to its destination.

To find out more, please call 0870 010 0095 or fill out the form below.