French Mortgages : Foreign Exchange & Payments to France

When completing your French property purchase it is likely that you will need to transfer money over to France. There are many reasons why this might be necessary, to pay a reservation fee, a deposit on the property, to cover additional purchase costs or simply to make your monthly mortgage and living expense payments.

Making payments in a foreign currency will mean you are exposed to movements in exchange rates which will affect the final cost of the property in France you are buying. Read our latest post on how a French mortgage can reduce your exposure to the exchange rate fluctuations.

Through our carefully selected, FCA-registered foreign exchange provider, MoneyCorp we are able to not only save money on the exchange rate you receive but reduce your exposure to movement in rates.

Please talk to your consultant who will be able to answer any questions you may have. We will be happy to explain the difference between a spot and forward contract and discuss the advantages of looking at an alternative to your high street bank.

For further information on how World First can help you save money contact Mar Bonin-Palmer at MoneyCorp via email on Mar.BonninPalmer@moneycorp.com or open an account online now, and remember to mention International Private Finance to ensure you get the best rates.

Found a property? Request a quote now or call +44 (0)207 484 4600