Moneycorp has the solution to the currency fluctuation worry.  A free service from Moneycorp

 

please read below and then click here for a link to this free service.  You will be charged for the transfer but guaranteeing the rate is a free service

 

Dear Alan,

 

I hope you are well.

 

As you may be aware, the Dollar is strengthening. Consequently, British homebuyers are concerned over the price of their property/investment in British Pounds.

The exchange rate is still very advantageous for them but they have lately received less Dollars in exchange of their British Pounds. The concern is that over a period of time, they may have to raise funds to be able to pay for their property/investment. As a matter of fact, at the start of the month (November 2^nd) the Sterling/Dollar exchange rate was trading at $1.7794 for £1 and by November 22^nd this rate had decreased to $1.7071. This drop of 4% in the exchange rate means that your clients would need to find an additional 4% of their purchase price. This recent trend is deterring some potential buyers.

 

In such a foreign exchange context, the solution offered by Moneycorp to your potential overseas buyers is the forward contract and this is a free service. Your clients will be able to remove the worry due to the fluctuation of the currencies value and lock in an exchange rate for up to two years in advance. Your clients will secure the price of their property in their local currency.

 

Telling your clients that Moneycorp can help could help you in the selling process.

 

Please feel free to contact me, should you have any questions.

 

Kind regards,