Today's Exchange Rates
| Buy | Sell | |||
| EUR |  |
1.267 | 1.168 |  |
| USD |  |
1.619 | 1.493 | |
| AUD |  |
1.788 | 1.618 | |
| CAD |  |
1.695 | 1.527 | |
| TRY |  |
2.501 | 2.223 | |
| CSK |  |
31.483 | 28.11 | |
| CHF |  |
1.667 | 1.488 | |
| ZAR |  |
11.895 | 10.573 | |
Dawson & Sanderson opened its 1st foreign exchange bureau in 1997. Currently there are 19 bureaux + 2 travel shops that sell foreign exchange as satellites of existing bureau. Offices can be found in the North East of England, Cumbria and Yorkshire.
A number of foreign exchange services are available, ranging from holiday currency and travellers cheques plus International Bank transfers and Western Union Money transfers.
Special Offers Email
Forex - Overseas Mortgage's
Buying Property Abroad
Raising finance on a property abroad may be a daunting process. Not only due to the language barriers, but mainly because of the lack of understanding of the legal / financial regulations that surround the international mortgage process.
Overseas mortgage providers do not work on income multiples as one would in the UK.
The overseas mortgage brokers will look at monthly income and existing long term monthly commitments, e.g. current mortgage repayments, any personal loans as well as child maintenance, etc.
They will also calculate an estimated future mortgage repayment for an overseas mortgage, and a debt to income ratio including future mortgage, repayment must not exceed one third.
Overseas Mortgage Application
There are a few main steps that you will need to take before obtaining an international mortgage.
- Firstly, a mortgage consultant will need to assess your eligibility, before approaching any of the overseas lenders. This is done by obtaining a short list of personal and financial information and more information regarding the type of mortgage you are looking to raise and the details of your overseas property.
- With all these details in hand, your mortgage broker will provide you with the most competitive quote, free of charge.
Dawson & Sanderson cannot organise a mortgage for you, however if you would like further assistance we can make arrangements for a mortgage consultant to contact you direct. Please email us with your contact information and a convenient time for them to call.
