Currency Exchange

Overseas Property - Whether you are a resident of the UK buying a property overseas or an international investor buying in the UK, you will have to perform one or more currency transactions to complete your property purchase. The issue needs serious planning, especially if you are buying a new development 'off plan' where you are required to make several 'stage payments' during the construction of your property.

Scenario - You have found your dream property, haggled a decent price to fit in with your budget. Unfortunately that was the easy bit, next comes the mine-field that is the currency markets. What you have to take into account is the volatility on these markets. For example, depending on when you purchased a €100,000 home in the last twelve months it might have cost you anywhere between £65,500 and £71,000! Why throw away your negotiation skills on the property and hard earned money?!

SGM-FX is a specialist foreign exchange provider offering real benefits to its clients. Our service is available to both Corporate and Individual private clients, offering exchange rates normally reserved for the major financial institutions. As established professionals, we have direct access to the latest market rates and movements. Because we are buying and selling currencies at high volumes, you pay no fee or commission as our profit comes from the difference between the price we buy and sell at. With offices located in the heart of the City of London and in Europe, we offer a first class service.

• We pride ourselves on offering our clients much more than simply saving money on their foreign exchange transactions
• When purchasing property abroad we understand that it is vitally important for a purchaser to be able to understand and feel comfortable with every stage and aspect of the process

The advantages of using our sevice clients are numerous:

• Security of funds
• Highly competitive exchange rates & professional advice
• No commission and no onward transfer cost
• One point of contact throughout the process

Opening an account does not cost or obligate you to use our services

For information about our services please contact James Donaldson via email: jamesd@sgm-fx.com.

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French Mortgage Advice Ltd, Ashdown House, High St Cross-in-Hand, Heathfield East Sussex, TN21 0SR
Tel 01435 866699 Fax 01435 866689 email us at info@french-mortgage-advice.com
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