I don’t know if it was a consideration in the timing of triggering Article 50, but the weekend we leave (in theory) the European Union is also the day when the clocks go forward and we enjoy an hour more of daylight in the evenings. Whatever your political viewpoint it’s hard to be too downcast when you have a spring and summer of warmth and regrowth to look forward to.
We’re hearing in the news that EU leaders are also keen to see the back of Brexit and planning for the future.
In currency terms our traders are certainly planning ahead, looking at potential threats to the value of the pound and ways to protect your budget from currency risk. The pound’s continued resilience in the face of chaos in Parliament – it is still at a rate we would have grabbed with both hands at almost any time in the past two years – is an indicator that speculators are looking to the future too.
That’s been the clear message at the Your Overseas Home shows, all of which have been fully subscribed so far this year (you can still get tickets to future shows here.).
So I would urge anyone considering buying a property abroad this spring to take the lead of the rest of the world and push ahead with your plans.
But do look out for those risks! Talk to your trader on 020 7898 0541 about your currency today.
