This morning the House of Commons will vote to decide whether Theresa May can hold a snap Election on June 8th. The Prime Minister needs more than two thirds of the vote and the consensus on the market is that this will materalise.
It is no surprise that Theresa May has called a snap election as the main parties within the House of Commons have disagreed what Brexit should actually look like. As long as Theresa May wins a majority she will then have the backing from the British Public and in my opinion will be in a stronger position to negotiate the final Brexit deal.
Off the back of the news coupled with the upcoming French election on Sunday, the pound has soured against the Euro and reached 6 month highs, which many of my clients are taking advantage of. It was only 4 weeks ago that a €200,000 purchase would have been £7,300 more expensive as GBPEUR exchange rates were 5 cents worse.
For euro buyers within the next three months, this spike in the market is seriously worth taking advantage of . However if you have a gambling nature waiting to see the outcome of the French Election could cause the market to spike that extra cent that you are looking for. Either way when you come to trade I will be able to make you more euros than using your high street bank. I would recommend outlining your requirements to me today so I can run you through the process.
If you are repatriating euros from a property sale I can also help you. For you it is all about getting the best possible rate and comparing rates is where you can make your saving. Feel free to email me with the amount and reference ‘Euro sell quote’ and I will respond with the exact price we are selling euros.
If I have not covered the currency pair you are trading feel free to email me the currency pair you are trading (GBPUSD, GBPAUD, GBPCHF etc) the reason for your trade (company invoice, buying a property) and I will email you with my forecast for the currency pair firstname.lastname@example.org.
My area of expertise is property purchases and sales. Therefore if you need to purchase a foreign currency or you are about to complete on a sale abroad, today is the day to get in touch to discuss your options and to get an understanding of how we can save you as much money as possible.
** If you are already using a brokerage and would like to know if you are receiving the best rates possible email me with the exact figures and I will reply with our live price. This will take you minutes and in the past I have saved clients thousands! **