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Call from the UK: 07429.330.639
The pound has propelled yet further to twenty month high on a basket of other currencies.
PRACTICAL TIPS. You may be surprised at how many folk make assumptions and act without any research into the mechanisms of financial life here, and then wonder why things go pear-shaped. Good tips and advice to make things right by taking easy decisions, by Mark Mountney.
Our mortgage broker, Mark Mountney, writes about how positive could be to buy now in Spain. Interesting points from a mortgage expert perspective. 1) The potential of buying a property today some 30-40% less than it was a year ago. 2) Mortgage rates in the Eurozone are low, circa 3% only as an average.
The European Central Bank are, arguably, in a difficult position! On the one hand, they have to defend against inflation. On the other hand, neither will they feel the need to reduce the base rate further; that would heighten inflation where it is already found. Our mortgage adviser, Mark Mountney, makes his point clear about the Euribor rates forecast.
The Pound is set for a busy week with some expecting that this week’s focus on inflation. Trade balance figures and GDP figures from the Eurozone tomorrow will affect the Sterling rate against the Euro whilst the US will be experiencing a wealth of data from Tuesday to Friday.
What is going to happen to exchange rates in the future? Is the Euro in real jeopardy? This a natural question for anyone who will be buying or selling overseas property in 2011 where the loss or gain due to currency fluctuations may be in the thousands. No amount of technical analysis, research or crystal ball gazing can give a definitive answer. However, we can consider the currency events...
The Pound is starting the week at the 1.16s against the Euro – lower than last Monday when we came off the starting blocks at 1.17 but the Pound has actually regained some ground over the weekend from lower falls to 1.154 on Friday and 1.153 last Wednesday when we saw decidedly low GDP figures knock the Pound down.
Relocating professionals is a sensible task that needs to be considered as crucial to the success of a business development strategy abroad. In Spain, there are a few companies that provide relocation services to British companies. We have contacted one of the most reputable and serious-in-business Mum and Dad, to get some thoughts about the problems that relocating people involves. • The wrong impression: companies that plan to relocate...
