SAVE WHEN BUYING AND SELLING PROPERTY OVERSEAS
To invest in an overseas property, including a holiday home in the sun, often marks the realisation of a long-term prospect. Like any property purchase or, even, sale, a lot of work goes into making the dream your reality. Alongside logistical challenges to face, you'll need to consider the financial responsibilities – notably, in light of transferring or receiving large sums of money abroad. So, it's key to trust the people moving it for you.
With expertise in the foreign exchange market spanning over 19 years, our award-winning Caxton team of currency specialists has been helping and continues to help our clients to buy and/or sell overseas properties and holiday homes. We offer you competitive exchange rates and low transfer fees – often better than many high-street banks. Plus, you can benefit from access to your own expert; to help inform and assure you throughout the entire buying or selling process
Our team of experts cuts through the complexities of the international currency markets, to guide you through the process of buying or selling a property abroad. With Caxton by your side, and a dedicated account manager on hand to help you negotiate the markets safely, you can always rely on excellent rates and world-class service for the best value possible.
The exact moment you decide to purchase foreign currency is critical, since fluctuations in exchange rates can add thousands to the final bill – or save you a small fortune. The exact same principle applies if you are buying or selling property abroad. So, it’s vital to understand and explore the range of solutions available to you – including the option to target a favourable exchange rate. Opt for the best-suited one, coupled with our competitive rates and no hidden fees, to help you make smart international payments.
Banks and building societies charge a fee for sending money abroad. The rates they offer are often the worst available. It’s not their core business, so they don't need to offer a good deal. At Caxton, we pride ourselves on being upfront and transparent. With no hidden fees and excellent rates, you’ll always know how much you’re paying.
Whether you're set to buy or sell an overseas property, get in touch with one of our consultants to find out how Caxton can help you with your international payment requirements. Call our team today on 0333 123 1815 or request a callback
GETTING THE RIGHT RATE
Tania's dream was to own a property in Spain. And in 2016, she finally made it happen. Having saved €400,000, she found the perfect place – but needed the best possible rate, to make the most of her budget. Tania had previously made international payments via her bank, and ultimately found their rates uncompetitive and the transfer fees and charges too expensive.
Following her father's recommendation, Tania opted to register for an account with Caxton. While set to realise a life-long dream, her main concern was the potential of a more expensive Euro due to Brexit; in turn, resulting in an increase in the cost of her overseas property purchase. She needed a favourable exchange rate, to ensure she wouldn't lose out as the result of any market fluctuations down the line.
Enter: Tania's Caxton account manager. Tania was able to use our Rate Alert service, to gain live market updates and details of key events that could affect the value of the exchange rate. Although Tania looked at currency rates online, she felt reassured that Caxton would alert her as soon as the markets became favourable. Tania also set up a Limit Order, allowing her to benefit immediately from any rate movement in the right direction. With this proactive approach in place, Tania saw a quick exchange happen – complete with the best possible rate. She expects to continue to use Caxton over the next few months, and will certainly not be using her bank any time soon!