More and more people are choosing to buy property abroad, whether it be a permanent home in the sun or simply a holiday home. There are various different ways to pay for your property abroad, with many people selling the home in the UK to fund their purchase, and others choosing to remortgage their UK home to release equity in order to buy abroad.
When payment is to be made in foreign currency, please be aware that even the tiniest fluctuation in the exchange rate can make a huge difference to the purchase price of your new home.
|