Sterling recovered significantly this week, returning to the levels of the start of the month against the euro, although it has dipped somewhat this morning.
The first of the potential financial shocks of the week has been and gone – inflation – with the inflation rate at 6.2% but retail prices rising at 8.2%. It’s painful to see one’s savings being (almost) decimated like this every year, but at least one can invest in an asset like property instead. Just remember to lock in your rate if you do make an offer.
This afternoon will be the Budget and then other key economic measures such as retail sales, PMI and consumer confidence in the next two days. So it’s certainly a week to be ready to make a call to your trader on 020 8003 4915.
If you haven’t registered for an account yet, why not get that out of the way today? It only takes a minute or two, with a very quick I.D. check to comply with UK financial regulations. In the light of sanctions on Russia these are more essential than ever and we’re very pleased to comply. But why wait until you need to actually make a trade, when time might be of the essence? You can do it now, here.
By Monday’s note the clocks will have gone forward – always a mixed blessing for those of us who like to be up and about by 6am – and I know that’s often a prompt for a burst of energy and activity, such as buying a home abroad. So, let me give an absolutely last call for Your Overseas Home, which happens on Saturday. You can register for your free pass here and get all your questions about buying abroad, from visa and legal, to tax and buying process. There are more video walk-throughs of properties too, as overseas estate agents have really embraced technology (the best ones, anyway) so you can do your first ‘viewing trip’ from the security of your own sofa.
