Guide to Property for Sale or Rent

Want your own currency converter so that your visitors can make their own currency conversion?The GLOBAL CURRENCY EXCHANGE NETWORK currency converter provides real time currency-to-currency conversion in the form of a popup tool that can be easily added and integrated into any existing website.

This will allow visitors to your site to make a currency coversion. It is possible to have it automatically convert prices shown on your site, but you’ll need to contact the webmaster here for the code.

This version will add a standard pop-up currency converter to your web site.

On computers where a popup blocker is enabled the Ctrl button may need to be pressed or the popup accepted (yellow line notice) before the screen will appear.

The code for currency converter is:

<a href=”http://www.gcen.co.uk/cc.php?r=18-100” onclick=”window.name=’cc-main’;window.open(this.href,’converter’, ‘toolbar=no,location=no,directories=no,status=no,menubar=no,scrollbars

=no,resizable=yes,width=400,height=500′);return false;”><img src=”http://www.gcen.co.uk/images/cc4.gif” width=”138″ height=”34″ border=”0″ /></a>

Select ALL of the script above (take the gap out between the word “scrollbars” and the next symbol “=”, then paste it in a page where you want it displayed. 

This is what the icon looks like when it appears on your site:

Any problems… email me.

Currency conversion is often considered a ‘black art’ when really it’s very simple.
Most individuals consider using currency conversion when they are about to buy a property abroad, or maybe import a car, or looking to buy a different currency for their holidays.The most common way to perform a currency conversion is to use your own bank to make the conversion.

Think again! Most high street banks make a charge to transfer the money.
With our currency conversion service, the tranfer of the money is usually free!
Where the greatest difference occurs is when you compare the exchange rate offered by a bank against our rate. Like the little travel currency booth you see at airports, the banks buy the money from the Treasury at a low rate and sell it on at a much higher rate.
It is likely that a bank could make as much as £3000 in the currency conversion, with an exchange of £200,000.

How do we make the currency conversion so much cheaper? Lower profits! We still buy the money from the Treasury (through the World’s largest bank), and sell it at a much lower profit margin, saving you a fortune in the meantime.

If you are looking to exchange one currency for another, then try our online currency converter first.

If you would like us to quote a price, just call 01480 434290 and ask Zoe if you can speak to a dealer, or use the online registration form within the currency converter.

How to buy Euros. If you live outside the ‘Euro zone’ and you need to buy Euros, there are various options available to you:

- Use your local Bank. You can walk in, buy euros at the published rate, and walk out. Or, for larger sums, you could request a transfer to be made after the bank has exchanged your currency to euros. Either way, this is likely to be an expensive option. Local banks tend to make large profits on the published rate of exchange, and, they charge to transfer the money for you!
- You could buy your euros from one of those kiosks you see at the airport. These are great if you have a relatively small amount of cash, but the exchange rate generally offered will give you less euros for your currency unit.
- The answer is to use a specialist currency exchange broker. They exchange so much currency, as it’s all they do. As a consequence, they buy money at a cheap rate and only make a very small margin on top.

If you are looking to buy euros, for anything such as buying a house, boat, car, then start by getting a quote from a currency dealer. It’s quick and you are likely to get many more euros on the currency exchange.
For advice on this 0044 7802 520 370

or visit:

Currency Exchange and Currency transfers for your Property Purchase Abroad.

The Foreign Exchange market is the world’s largest financial market, in excess of 1.5 trillion US dollars are being exchanged daily.

The process of Foreign exchange transfers couldn’t be easier. and as most services - money transfer is a free service with our Foreign Exchange partner. However, be aware that some companies make charges for transfering money abroad.

Here is a simple 3 step guide:

Step 1. Open an account

Complete an application form and ensure you have usually two forms of ID: (1) photographic (2) proof of residence.

Call 01480 434290 and ask to open an account, or open one here:

Step 2. Buy your currency

Speak to a currency dealer and they will give you the current market rate. If you are happy with the quotation they will buy the currency on your behalf. This trade is usually confirmed in writing by way of a deal receipt and usually provides instructions on how, when, and where to make payment for your currency.

Step 3. Get your currency

Once cleared funds are received by your dealer, they will promptly transfer your exchanged currency to any bank account of your choice, worldwide, the same day.

Other than just choosing any particular day to exchange your money, you could choose other dates to make the currency exchange. It may be that you have decided to buy a new property that won’t need the final balance to be paid until 18 month’s time. In this case, it may suit you to do a ’spot deal’ today for the deposit and arrange for a ‘forward deal’ for the final balance. By doing this, you will have just ‘fixed’ the purchase price to your home currency and will have ensured that you don’t get caught out by a weakening home currency, or a strengthening one in the country of your purchase. This can save people thousands.

Here are 4 basic types of transaction:

• Spot Contract
A spot contract is undertaken when you buy currency at the prevailing exchange rate at the time of the transaction and make payment within two working days. This transaction is typically used for deposit payments on property or for full payment if the funds to pay for the transaction are available.

• Forward Currency Contracts
A forward contract is undertaken when you fix the exchange rate now for a specific date from one to 24 months in the future. As an example, your final payment for a home abroad may be the equivalent of £100,000. You could fix that exchange rate today with a small deposit, and pay for the bulk of that transaction at the completion of the forward contract. To guarantee the exchange rate, private clients will have to pay for at least 10% of the value straight away (a margin deposit) and the balance on or before the maturity of the contract.

• Time-Option Forward Contracts
You may also reserve a time-option forward contract. This contract allows greater flexibility in paying. For example, a property developer may give you a date of December 2008 as an approximate completion date but may tell you it could take a bit longer. Your dealer may recommend that you set a date for your forward contract of February 2009 and you are free to settle that contract anytime before the maturity date with no penalty.

• Limit Order
Limit Orders allow a client to set the rate at that which they would like to exchange their currency. Our foreign Exchange partner will monitor the market for you and if the rate can be achieved, we will purchase the currency on your behalf. We would then notify you of the due date for your payment. This is particularly important for contracts of substantial value where a small currency fluctuation may have huge implications.
Getting Started

If you would like further information please call our Private Client Desk on 01480 434290. You may also register online with us. We will contact you to activate your account. In order to complete the registration process, we require two forms of identification. Please also provide us with a copy of your passport or driving licence and a utility bill, council tax bill or landline telephone bill with your address.

Save Money On Currency Exchange.Gatehouse International has partnered with a well known Foreign Exchange dealership in order that our customers can have the benefit of the Best possible rates at any time, with the least inconvenience.

We aim to provide the very best exchange rates, therefore saving you money. Our Foreign Exchange partners will designate you your own currency dealer who will guide you through the whole transaction and explain the various methods of purchasing foreign currency, to help you get that better exchange rate!

If you are even considering buying in a currency that is different from your source bank, it will be worth your while just getting a free quote from one of our Partner’s dealers, at no cost to you.
Foreign Exchange prices vary every few seconds. Over a very short period, the price of your chosen home can vary wildly. By the time that you come to complete the purchase, we have known people to have lost out by as much as £10,000 just due to exchange rate fluctuation! Of course, prices can go up as well as down. However, in order to minimise the risk, we recommend that all clients at least register with us and get a quote today so that they can compare it with their bank.

Once you’ve decided on your dream property, you may possibly need foreign currency to make your purchase. Gatehouse International can provide you with:

• Superior commercial foreign exchange rates
• No fees or commission
• No telegraphic transfer costs
• Your own currency dealer
• Forward buying of currency
• Opening of foreign bank accounts
• Regular monthly payments for pensions and mortgages.

More on this …