Homesgofast.com partner with Currencies Direct to make international home buying less costly

Brexit fears mean more FX advice being sought by both real estate agents and people buying property abroad

London, United Kingdom Sep 4, 2018 (Issuewire.com)  - Fluctuating currency rates, fears over Brexit and general uncertainty about the currency markets are the drivers behind the news that International real estate platform Homesgofast.com are now working together with Currencies Direct

One the most established international real estate website in the world, Homesgofast.com have taken an important step that could change the game for both buyers and sellers of international property. This move could save buyers some money and help sellers make more from every sale.

The website was launched in 2002 by property expert and digital entrepreneur Nick Marr, who initially created the site to advertise Caribbean and UK real estate online. Homesgofast.com is currently run by TriniDigital Ltd, who also run Europeanproperty.com, the oldest dedicated online real estate platform for Europe.

Currencies Direct is the other party in this new partnership, and they were formed in March 2018. The company was one of the first to provide money transfer services in Europe, starting in the year 1996. Their far-reaching services include a mobile app, online service, phone service and a large retail presence, with 21 branches across the world in China, the USA, France, London, India, South Africa, Portugal and Spain.

Usually, getting the best deal for transferring money overseas depends on three primary options – high street transfer firms like Western Union, foreign exchange (FX) brokers or a bank/building society.

For regular payments, banks tend to be the most convenient option, but money transfer firms are often more ideal when payments need to be made quickly. For larger one-time payments, which could be made for buying property, for instance, FX brokers are often the ideal option. The problem with these options, however, is how expensive they can be. It’s typically more expensive for people making smaller payments, but, even with large amounts, one could lose quite a bit of money.

With the new partnership between Homesgofast.com and Currencies Direct, both buyers and sellers can get a better deal. According to Nick Marr of Homesgofast.com, “we don’t believe both parties of a transaction should leave currency transfers to chance. This is a message we continue to communicate to our buyers and sellers to ensure that they’re getting the best possible deal for them.”

Senior Dealer at Currencies Direct, Reaz Rahman, says, “there’s strong reason to believe that GBP/USD and GBP/EUR are likely to fluctuate because people are concerned about Brexit.” He also mentioned rate hikes and a weak inflationary outlook in the Eurozone as reasons why there have been currency fluctuations and why they’re bound to continue.

Homesgofast.com and Currencies Direct are intent on preventing buyers and sellers of international property from losing out due to fluctuating exchange rates.

About Homes Go Fast

Since 2002, when Homesgofast.com was founded, their coverage and services have grown to make them one of the most respected online services for international real estate. They were one of the first to promote Brazilian property to overseas buyers in 2004.

Today, the online platform covers more than 50 countries across the globe, working with thousands of property developers, homeowners and agents who rent, buy or sell homes, commercial properties, land, investment apartments and holiday villas in their location of choice.

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Media Contact

Homesgofast pr@homesgofast.com https://www.homesgofast.com

Source : Homesgofast.com

Categories : Business , Finance , Investment , Lifestyle , Property
Tags : brexit , currency , foreign exchange , buying property , retirement abroad , homesgofast , currencies direct , fx , overseas property , expats
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