For those of you currently purchasing a house in France or even just pondering on the idea, the French Property Exhibition is again coming to the Novotel West Hotel in London in January 2024. The show is intended to cover all the aspects of the process, including the best way to manage the foreign exchange element.
Moneycorp will be there again supporting the exhibition as the organisers preferred currency partner. Our team of foreign exchange experts will be available to you throughout the weekend to discuss the property-buying journey in France and the nuances of dealing with a foreign currency.
We can talk to you about the importance of factoring the exchange rate into the property price, the tools we offer to protect your budget and the additional payments you will need to bear in mind during the process. We want to help you understand the impact foreign exchange can have on these big purchases and how to manage the risk.
Why is foreign exchange so important?
Exchange rates are constantly fluctuating. This means that when you decide to buy a property abroad, the real-terms cost of your purchase can change with the rates. Imagine getting to the point of buying your dream property, and the price is different from when you made the offer. That’s the reality of the foreign exchange market – small changes make BIG differences when you exchange a large amount of money.
That’s why it’s essential to plan ahead and secure a reliable, experienced company to exchange your money at the beginning of the process – so you don’t get any nasty surprises.
Come and see us to ensure you are fully prepared to make your payments
At the exhibition, our expert, Mar Bonnin-Palmer, will talk about the best way to manage effectively all the payments involved in the process of buying in France.
During this session, she will explain the basics of currency exchange, the impact that rates can have on your budget, and, most importantly, what we can do to protect that budget in a volatile market.
You can sign up to attend the exhibition here
This can seem like a lot to think about, especially in a language you’re unfamiliar with, but we’re here to help. That’s why FrenchEntrée has already recommended our services to thousands of property buyers and sellers.
At Moneycorp, you can open an account with us at no cost and with no obligation allowing you to start planning and understanding what exchanging money means for your budget – before you even step on the plane to see your first property.
So, whether you’re buying a holiday home on the beach, an apartment in the city, or a château in the country, you can count on a competitive rate and first-class service from Moneycorp.
With a Platinum Trusted Service Award 2020 from independent review site Feefo and 40 years of experience in the industry, FrenchEntrée has been recommending Moneycorp for more than 15 years. During this time they have helped thousands of client planning the best way to pay for their property as well as supporting them afterwards with any further payment from paying bills, mortgages to repatriating UK pension payments for those who have retired to France.
Furthermore, we have worked with the same person at Moneycorp for more than a decade! You might be familiar with her as she often writes for our French Property News magazine. She has 13 years’ experience in foreign exchange, and is a qualified European lawyer with experience in European transactions. Mar will be happy to answer any questions or enquiries to support you through these difficult times
Opening an account is really easy and free of cost. You can register online or over the phone in a couple of minutes and for FrenchEntrée readers there are no transfer fees in any payment.
Lead photo credit : Ian Southerin
More in currency
Leave a reply
Your email address will not be published. Required fields are marked *