Partners

 

FOREIGN EXCHANGE

Buying a property abroad? Don't let the banks cash in!

Whether you're buying a dream holiday home or investing in overseas property fluctuating exchange rates can make a huge difference to the price you finally pay.

To help make your money go further when buying a property HiFX can give you access to some of the most competitive exchange rates available in the market.

As Europe's leading currency provider, HiFX save people £1000's by offering great rates AND great service. Their global network of offices manages £20 billion in foreign exchange transactions annually and last year HiFX helped over 30,000 individuals protect themselves against foreign exchange risk.

For example:

A property priced at £250,000 would have cost £167,022 at the end of July 07. Due to currency movements, that same property would have been £3,208 more expensive at £170,230 just one month later.

 

Finally, when the transaction is undertaken HiFX will give you better exchange rates than your bank; no commission charges, no UK transfer costs, and no overseas bank receiving fees - making your money go further. Recently ranked number one currency analyst in the world by Reuters, let the experts at HiFX provide you with the answers.

REGULAR INTERNATIONAL MONEY TRANSFERS

Sending Regular Payments Abroad? - Save £100's every year with HiFX.

Once you have bought an overseas property you may still need to buy and transfer currency on a regular basis for a variety of reasons including:

• Foreign mortgage payments.
• Pension transfers.
• Rental income repatriation.
• Or simply funding a home in the sun.

HiFX can provide our customers with a Regular Payments Abroad service designed to remove the stress organising regular currency transfers can create. They can help you fix the exchange rates for up to 24 months into the future, and because the process is fully automated via direct debit you'll never miss a payment.

The service is currently used to make over 50,000 payments every year, and the benefits include:

FREE
No transfer charges!
Unlike most banks, with HiFX every monthly transfer is free (which alone could save you over £300 each year).

FREE
No bank receiving charges!
HiFX has eliminated all international bank receipt charges to ensure there are no hidden fees!

FREE
No Commission!
With HiFX all transfers are commission free. Most banks can charge as much as 2% per transfer.

FREE
Stress free!
Fix the rate for up to 24 months so you will know exactly how much money is being debited from your UK account every month and because all payments are made via direct debit, the whole process is automated for total peace of mind.

 

HOLIDAY HOME & OVERSEAS PROPERTY INSURANCE

Don't let your dream home become an Insurance nightmare!

Protect your overseas property investment! Whether you're looking to insure an existing property or you are just about to buy a dream home in the sun, arranging suitable buildings and contents insurance cover is an essential part of protecting your overseas investment.

HIFX Insurance Services can provide you with buildings and contents insurance tailored to meet the specific needs of holiday home and overseas property owners.