“I saved £4,000 by using a currency specialist”
Ways to save money when buying a holiday home have been highlighted by two overseas property-owners who have used a currency specialist to transfer their pounds into euros.
Baxter Horton, a solicitor from Market Harborough, saved £4,000 by using Smart Currency Exchange instead of a bank when he bought his apartment in the French Alps.
Before buying his property in France, Baxter had only ever used high street currency exchange outlets, for getting holiday money. So when he needed to make two large payments in euros to cover the deposit and remaining balance of his Alpine property, worth £9,000 and £131,000 respectively, he decided to look around for the most efficient way of making the transfers. He chose to use currency specialist Smart Currency Exchange, a decision that saved him £4,000 through their competitive exchange rate and lack of fees.
“Smart’s service has a personal touch because everything is done through the phone, which is much better than the internet,” said Baxter. “When you need a rate, you can just call up and get it”.
Meanwhile, Lee Hawkins transfers £1,000 to Spain each month to cover the mortgage payments on his apartment on the Costa del Sol. He knows he’s getting a highly competitive exchange rate each time he sends money, thanks to using Smart Currency Exchange’s regular payment solution.
Lee, from Portsmouth, was using his bank to make the monthly transfers before he discovered he could save money by switching to a currency specialist. About setting up his transfers with Smart, Lee says: “It was easy and done really quickly over the phone”.
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