Exchange rate
#616
have had funds from house sale in the uk since May and was waiting to exchange, fortunately we are renting for a year and as my wages are enough to cover our outgoings( just about)we shall continue to rent until we see a rise in the rate.After all interest rates are rising in uk so it's making something.
#617
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Joined: Jul 2007
Posts: 797
From: Toronto, Canada











We need to send $189000.00 this Friday - really worried we were offer 2 - 1 earlier, cant decide. Was told that Brown and his will he , won't he attitude has not helped !!!
#618
You can also blame Northern Rock for the situation. They were always considered to be 'rock solid' and this recent event has shaken a lot of peoples confidence.
#622
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Joined: Jul 2007
Posts: 797
From: Toronto, Canada











Got just over 2 - 1. Thank god this is onlythe downpayment. Will sit on the sell proceeds when it sells till we can get a decent rate ..... will we ever?
#624
Just Joined
Joined: Oct 2007
Posts: 3

I have just sent over £78000 @ 2.01749 through booking a rate with LLoyds. I have just bought a house and we'll be paying from UK for the next 2 years before we move there. If the £ falls more we are ****ing stuffed! Let's hope we get stronger again.
Jim
Jim
#625
This is absolutely dreadful - may have to drop our house price again and with a drop too in the exchange rate .... 
Renting looks good for a while I think!

Renting looks good for a while I think!
#626
We are off on Saturday - need to take a little bit now and the rest later when (if) the rate improves.
Rob.
#628
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Joined: Apr 2005
Posts: 4,842











"Dark days Meldew, dark days."
"Yes mu'lord, dark days indeed."
"Yes mu'lord, dark days indeed."
#630
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Joined: Apr 2005
Posts: 4,842











But don't feel sorry for me, It's the way of economics. It could be a lot worse, it might have been reversed...£0.50 to $1, now that would have stopped me immigrating. I don't like Starbucks and wide roads that much



