If you’re buying or selling an overseas property or going to live abroad, what’s the best way to transfer money?
Many people buy foreign currency from their high street bank, but you'll get a cheaper deal by going to a specialist broker.
If you’re looking to transfer large amounts of money abroad, perhaps because you’re buying or selling a property overseas or because you’re going to live abroad for some time, it’s well worth shopping around to get a competitive rate. High street banks can charge up to four percent to change your money as well as a commission and a transfer fee. It can add up to thousands of pounds (as much as £6,000 or more on a transfer of £100,000).
The number of women buying property overseas is increasing, according to one leading mortgage broker.
Wherever you’re buying, location, location, location is important. But so is getting the right finance in place.
Women are becoming increasingly active as buyers in the overseas property market, according to one leading mortgage broker. Over he last few months, Savills Private Finance has seen an increase in the number of women are buying property overseas. For some women, an overseas property is a bolthole or holiday home whereas for others the aim is to provide a rental income. The Euro zone remains popular, especially France, Spain and Italy.
Would you buy a new build property with over 30 defects? You might do so without realising it.
Financial pressure on Spanish developers and an unusually wet winter means some owners are discovering problems with their new build properties.
The rain in Spain falls mainly on...well, on the heads of owners of some new build properties, according to a number of experts. Last winter was an unusually wet one in many parts of Spain and a number of property owners have found that their new build house or flat – which they bought in the summer – isn’t as watertight as they thought. And there are other problems which, because some developers are reluctant to spend money putting right minor defects, can take some months to sort out.
