ASK THE EXPERTS CURRENCY – FAQs
THE HIGHS AND LOWS OF CURRENCY Mar Bonnin-Palmer makes sure you don’t get caught out by post-Brexit swings in the currency market – and secure a competitive exchange rate Q I am retiring to France and need to…
Mar Bonnin-Palmer
FrenchEntrée Contributor | Foreign Exchange
About the author:
Mar Bonnin-Palmer is a Senior Key Account Manager at Moneycorp and regular contributor to French Entrée Magazine.
During her career as a lawyer based in London dealing mainly with British clients buying a property in Spain, Mar became very familiar with the process of purchasing abroad. Since 2006 she has been fully devoted to foreign exchange, dealing with private individuals and companies that need to make international payments.
Articles by Mar Bonnin-Palmer
Selling Your Property in France? Take Advantage of the Weak Pound to Maximise Your Returns
Being aware of the costs when selling a property is important. Aspects such as agent’s fees and legal costs should be checked out. Tax implications could also be relevant and should be discussed with a specialist. Importantly, if you…
Currency Update: September 14th 2018
The pound has found perhaps an unlikely ally in EU negotiator Michel Barnier. His optimism about the possibility of reaching a deal and positive outlook on plans coming from the UK helped to give sterling a boost at the…
Update on the Brexit Negotiation and the Impact on the Sterling-Euro Rate
Tensions are rising within the UK Government and doubts are persisting over Prime Minster Theresa May’s ability to deliver Brexit. In early July, following the much hyped Chequers away day, a supposed ‘soft Brexit’ plan had been proposed by Prime…
The Highs and Lows of Currency – FAQs
Mar Bonnin-Palmer makes sure you don’t get caught out by post-Brexit swings in the currency market – and secure a competitive exchange rate Q What is the difference between a foreign exchange specialist and a high-street bank? A. If…
Rate Alert: Sterling Cracks 1.15 Against the Euro
The pound-to-Euro exchange rate has moved above 1.15 after some poor data from the Eurozone. Whilst a similar level was achieved briefly on the 22nd March this year, we will need to go as far as May last year to…
Planning your property inspection trip to France – Top Tips
Once you’ve narrowed down your search area, you can book appointments to view the properties you have selected either through your property finder or with the French estate agents directly. Before you set out on your property inspection trip, here are some top tips to make the most of the time and funds at your disposal.
Buying Currency Advice – Ready, steady… GO!
When looking for French property, make sure you’ve done your homework and be prepared to act quickly, or you might miss out, advises Mar Bonnin-Palmer While you might have hoped to leave the phrase ‘fail to prepare, and…
Running costs: the added expense of buying property in France
Many of us moving to France area unaware at first of a variety of additional costs that we simply have not budgeted for. You can, however, manage these expenses conveniently and cost-effectively.
How will the Euro and Other World Currencies Perform in 2018?
To mark the beginning of a new year, economics expert Professor David Hillier, has published a report on behalf of our long-time financial advisers Moneycorp, looking at how the world’s major currencies are likely to perform in 2018. Last year saw…
Specialist help and service
A currency specialist can not only get you the best exchange rates, but also help with the whole buying process, writes Mar Bonnin-Palmer If you’re looking to buy a property in France, you may have some concerns about how to…
Taking the mystery out of foreign exchange: What do movements in the currency markets actually mean for you?
So how does the fluctuating exchange rate actually affect you? Let’s start with the basics. The exchange rate is the rate at which one country’s currency is exchanged for another. Essentially, it dictates the value of one currency relative to…
US Dollar Update: June 2017
During most of March the euro had the upper hand. In the first three and a half weeks it strengthened by more than two and a half US cents, touching a four month high. Then, for no compelling reason, investors decided it had gone far enough. They knocked the euro back, halving its net monthly gain to a cent and a quarter, still worth having but not exactly stellar. The about-turn doubtless related to technical factors: it coincided with the level from which the euro had rebounded in June last year.
Euro Update: June 2017
It was a classic “game of two halves” for the euro against the pound. For the first half of March the euro was in the ascendency and sterling was on the retreat; during the second the roles were reversed. The net result was a quarter-cent victory for the pound but the outcome was close and could very easily have gone the other way with a different referee.
Property Scouting in France
© Fotolia Unless you already have your eye on your dream home, the chances are that you’ll need to organise a viewing trip. To make the most of your time and ensure it doesn’t become an unduly stressful process, it…
RATE ALERT: Pound Rises on UK Election News
Well, here we are again. Once more, a political event has had a big impact on the exchange rates, particularly the pound. Why? This week, UK Prime Minister Theresa May unexpectedly called for a general election in June which she says is necessary to strengthen the upcoming Brexit negotiations.
Retiring in France
When planning your retirement in France, it is easy to get carried away thinking of afternoons spent on a leisurely game of péntanque or sipping a pastis on a sunlit square – but before you can enjoy those afternoons, it…
Fixing the exchange rate, how it works
Buying a property in France can be an exciting venture. Deciding the region where you would like your French house to be located is one of the first and more challenging decisions to be made with 13 regions to choose…
Avoid Euro Fluctuations
Avoid Euro Fluctuations Mar Bonnin-Palmer explains how you can avoid getting caught out by exchange rate shifts when budgeting for your mortgage repayments Buyers of French property who are looking to finance their purchase are confronted with the dilemma of…
BREXIT! So what happens to expats in France?
There is endless speculation surrounding the potential repercussions of a Brexit, the majority focusing on the UK. But what about expats in France?
BREXIT fever: Is it affecting your French property dream?
Don’t let the EU referendum ruin your dream of owning a property overseas …
Foreign exchange, the hidden cost behind a property purchase
Buying a property in France can be an exciting venture. Deciding the region and budget, however, are not the only decisions to be made.
Tips for your property inspection trip to France
Mar Bonnin-Palmer runs down the basics of planning a trip to check out likely French dream homes and explains the advantages of getting your budget sorted out beforehand
UK pension reforms could make your French property dream a reality
Your dream of buying a property in France could come true. The new UK pension reform rules are set to revolutionise the way we take income retirement.
Get your dream property in France for less
With a strong pound and property prices still low in,France it is a great time to find a bargain and buy your dream property in France for less. Av€200,000 property will now cost you £18,900 less compared with January 2014!
Why 2015 could be a great year to buy property in France
The strength of Sterling against the Euro meant that 2014 was a great time for Britons to buy a property in France …and the next 12 months are looking pretty good, too!
Buying rural or urban, don’t forget the FX factor
Whether you’re bound for the bustling boulevards of Paris or a sleepy provincial village planning your foreign exchange requirements can make the move much easier and leave you much better off. When the British think of living in France we…
Thinking of living in France? Then think Paris.
In Île de France, the region where Paris is located, more than 20,000 British nationals registered as full time residents, according to the French Statistical Office (INSEE) …
Manage your regular payments whether in France or in the UK
Whether you are moving permanently to France or have bought a holiday home, you will be confronted with the challenge of living between two currencies.
Au revoir France? Make a smart move when you decide to go back home.
Working and living in France holds a powerful appeal, as the fact that there are 250,000 British residents but what happens when it’s time to say au revoir and return home?
Would you buy a property in the UK without knowing the final price?
Would you buy a property in the UK without knowing the final price? When buying a property abroad in a different currency, there is the exchange rate to keep in mind…
The cost of living between two currencies
Whether you are moving permanently to France or have bought a holiday home, you might be confronted with the challenge of living between two currencies.
Five Reasons to Use a Currency Broker
If you are thinking of moving to France you will need to make payments in another currency. Read this first …
