Gatehouse estates

Today’s Global Currency Exchange Rates

  • Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account
  • The pound again hits two and a half year lows against the dollar on Thursday, as investors expect further falls as economic pressure continued to mount.
  • Forecasts are now pointing toward a recession in the second half of this year as sterling continues to fall.
  • Here is a sample of the global currency exchange rates from this morning. If you would like to be kept informed of any particular currency exchange rate, just let us know in the form below this table. We trade commercial amounts and commercial rates.


GLOBAL CURRENCY EXCHANGE NETWORK – gbp,aed.pln,usd,brl,cad,aud,eur























1.3988 1.3711










USD-EUR 0.7178 0.6705
AED-ZAR 2.1933 2.1658
USD-EGP 5.4156 5.2896

n.b these are just indication rates as of 8.30am on Thursday 11th September

foreign exchange currency conversion by specialistsGet the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, fill in the short form below, and we will get back to you with the best foreign currency exchange rates.

Specialist Currency Converters

Use a specialist business to make your currency exchange and save a great deal of money. Using a bank to transfer your money abroad can be a costly, as they tend to charge commission and a transfer charge, whereas most specialist currency exchange companies rarely make these charges.

In addition, a high street bank is likely to give you a worse rate of exchange than a currency broker can.

However, currency exchange brokers differ wildly, both in terms of service and value. Like all service providers, they offer services that are similar, but the differences appear subtle yet make a vast difference to your pocket.

Choose a currency broker that is interested in you, or your business. Most foreign exchange businesses will simply take your instructions to make the currency exchange, then transfer your money to the destination account. You need a currency broker who will take a bit more interest in your needs and will then advise on the best way to maximise the net amount from the exchange.

Here are some of the services that you could take advantage of by choosing a currency dealer carefully:

Regular payments:

If you have to make regular payments overseas such as a pension transfer, or maybe a mortgage payment, or payments to overseas suppliers, business partners, franchise operations for example, you could fix the exchange rate for as much as 2 years ahead. You could then set up the payments so that you can concentrate on other matters. The alternative is to use a dedicated currency exchange dealer, who can pick and choose when would be best for you to change your money. Neither of these services have a charge attached when you use fx-foreignexchange.

Stop loss currency exchange:

A “stop loss” contract lets you decide on a rate that you would be happy to make a currency exchange. We can arrange for the money to be exchanged as soon as a particular rate has been achieved. The money is bought automatically.

We can add to this service by placing your details with an individual dealer. That dealer will then contact you as soon as the agreed rate is achieved and you can then decide whether you wish to make the exchange. To take advantage of this particular service, you need to register with us first though as currency rates can change quickly and it takes a few minutes to register. Registration is free.

Fixed currency exchange rates:

For businesses, or individuals, that have to make a money transfer overseas sometime within a few months, it is possible to pay a small deposit and fix the rate of exchange, then pay the final balance nearer the time of the actual transfer.

This is great for cashflow and takes the stress out of situation because you will have already fixed the rate of exchange and have ruled out the possibility of losing a great deal of money if the rate becomes unfavourable. For example, just a few months ago, the rate between the US Dollar and the GB Pound was around 2.04 Dollars to 1 Pound. The rate today is about 1.78 Dollars to the Pound. This is fine if you have dollars to sell and pounds to buy, but imagine you wanted to buy 100,000 Pounds worth of Dollars. If you had fixed the rate in advance, you would have bought $204,000. However, at if you hadn´t fixed the rate and went to change the money today, you would have received $178,000.

The difference in the exchange rate would have resulted in a loss of $26,000 !

currency conversion by professionals

currency conversion by professionals

Why take the risk? If you are in business, contact us and we will be pleased to allocate you a specific dealer who will take care of all of your foreign currency transactions.

Our UK number is : 0044(0)1480 458400, or just go to CONTACT US.

For more information, please visit

Value Off Plan Property in Italy

sea view, off plan, property Italy cheap off plan property in Italy bargain new apartments for sale



Scalea is a picturesque town situated in Calabria in southern Italy, on the sunny Tyrrhenian coast. The old town is placed on the heights and preserves the remains of an ancient wall, while towards the beach, the Scalea Marina centre has recently been developed, with modern, comfortable hotels splendid villas and numerous, fully-equipped bathing areas on the beach. These enchanting beaches look out onto a sea of incomparable beauty.

Scalea is synonymous with seaside and holidays. Indeed, it is one of the most visited resorts in Italy. But the name of Scalea is also synonymous of culture, history and folklore. During the Swabian, Angevin, Aragonese and Spanish era, Scalea became an important fief and a centre of study, which was gradually enriched with monuments and works of art, most of which can still be admired today. In the old hamlet the main “street” is an attractive stairway that begins in piazza De Palma: it is a natural amphitheatre.

Key Features

  • 1km from Scalea old town and beach
  • Residents swimming pool
  • Choice of 1 or 2 bedrooms
  • Apartments nearing completion – some ready to move in.
  • Airport 30mins (La Mezia Terme)
  • Only 30% deposit
  • Inspection Visits

If purchasers are interested in renting out their property in Italy, please visit our sister company’s Web site Italianvillasforsale.

Please don’t hesitate to contact us for an e brochure or any further information.

Algarve, Quarter Share properties

The ‘Four Owner Scheme’ or fractional ownership or quarter share at Pestana Golf Resort in Carvoeiro, Algarve uses the wonderfully simple scheme of rotation. Along with three other independent parties you own a luxury freehold property at Pestana Golf Resort, each quarter secured by individual title deeds.

1 bedroom quarter share apartments start at €55,000
2 bedroom quarter share apartments from €65,000
2 bedroom quarter share linked villas €132,950
3 bedroom quarter share linked villas at €145,900

This well proven quarter share system considerably reduces the cost of ownership as it is split into four quarters with each party using the property for thirteen weeks of the year. This golf resort will let your property for the periods that you don’t want to personally use and of course you can sell your investment at any time.

Every quarter share property is sold fully furnished and the professional management team takes care of the maintenance and administration of your property. As a freehold property owner you benefit from special golf rights during your ownership periods.

The Gramacho course is a uniquely designed 18 hole course with 27 varied greens that enable the golfer to play the same course several times with different greens and new challenges. The positioning of the tee markers helps to increase this variety still further. A challenging 72 par over a more-than-sufficient length of 6,107 meters.


The Pinta Course is one of the best-designed courses in Europe. It is a Championship course with an exceptional layout design. It has earned a deserved reputation for the outstanding level of maintenance of the course, and its design, which makes it a challenge to golfers of all standards. The course is 6,115 metres in length and is a par 71.



Resort Facilities include the Pinta or Gramacho clubhouses, restaurants with views over the fabulous golf courses and the misty blue backdrop of Monchique Mountain. Entertainment Sports include a large outdoor swimming pools with small children pool also. A driving range, artificial grass tennis courts and 1 multiple court for football or basketball.

For further information on fractional ownership or quarter share at Pestana, Carvoeiro Golf email us here


Pay Your Property Deposit by Card

How to beat the currency exchange system with credit card payments on property purchases.

Pay your overseas property deposit with a credit, or debit, card and get a better rate of exchange than you would by using the card abroad.

If you find yourself in the fortunate position of being able to buy that property abroad, and you need to place a deposit on the property to secure the one you want, then there is an answer.

Pay your initial deposit with your debit, or credit, card.

However, before you get too excited, consider this. I was in Spain recently and used my UK Bank debit card to draw some Euros at the “Hole in the wall”. I drew money on two consecutive days. The exchange rate between the pound and the euro had barely altered, but one bank gave me 1.19 euros to the pound. The other bank gave a rate of 1.23 euros to the pound. If, like me, you suffer from terrible thirst when it’s hot and you need £200 to pay for the drinks, the difference is €8. “Just €8!” I hear you say.

Well change that figure of £200 to £3000 as a house deposit and the difference between one bank’s foreign exchange rate and the other’s is now €120. Not a huge amount, but still worth saving.

FX-Foreignexchange have a facility, through their currency exchange partners, where you can now pay your initial deposit to secure a property abroad by using your debit or credit card. You get an even better rate than the banks can offer. It’s a safe way to pay and painless.

Just call FX-Foreignexchange on 0044 (0)1480 458400, (or email for them to contact you from here) , register your details with them, give them the details of where you want your deposit to go, and they take the payment in your local currency, change it, and send it to the account you’ve asked for it to be sent to.

Paying your overseas property deposit couldn’t be easier. You may even want to spend the money you save on a special dinner to celebrate how clever you are!

A couple of little things, FX-Foreignexchange can’t take card payments over £10,000, and they can’t take less than £2500. On the basis that most initial deposits for new homes abroad are €3,000, or £2,500, this shouldn’t present a problem.

The other area to consider is if you use the same company to change your further stage payments, the difference when using my example, is €1,200 when you change £30,000.

That’s a bit more interesting than the €8 I saved!

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