It was a bit of a nothing week as far as the pound went over the last seven days, with both GBP/EUR and GBP/USD beginning and ending in much the same place. All a reflection of the lack of anything definite on the Brexit front. The next week could show much of the same, but that won’t continue as we approach the EU summit in the middle of the month.
At events such as Your Overseas Home, which I attended with several of our traders in Harrogate at the weekend, it’s interesting to hear from people exactly when they mentally commit to buy a home in Spain, France, Portugal or Italy. It seems from the hundreds of eager buyers there, that there just comes a time when you decide, “Right, let’s get on with it!”
With that decision made the rest of the process can be surprisingly simple. Certainly with the kind of professionals also at the show – specialist lawyers, really good estate agents, IFAs, the Overseas Guides Company’s resource team… – it’s all a very different and much safer environment that when we started helping British people to achieve their dream of a home in the sun 15 years ago.
But while buying today can be safe and simple, the new challenges are selling your UK home, and trusting your pounds will be worth as much when you come to complete as they are when you agree the price.
At least we can help with the latter problem! Just call your trader today on 020 7898 0541 to discuss locking in your rate with a Forward Contract.
And do consider coming to meet us in person at Epsom Racecourse on 9th November. It really is just for those who are committed to buying in the near future. But when you make that decision to “get on with it”, what’s to stop you?
Now that really could be an exciting week!
