Originally Posted by AndyBCbound (Post 6679018)

Who gives the best exchanges at the mo i have been using interchangefx, if there are any better suggestion it would be most appreciated, last quote i had on £20k from them was $2.01 when the real excahnge rate was $2.0260. Is this good or about right:confused:

Originally Posted by AndyBCbound (Post 6679018)

Who gives the best exchanges at the mo i have been using interchangefx, if there are any better suggestion it would be most appreciated, last quote i had on £20k from them was $2.01 when the real excahnge rate was $2.0260. Is this good or about right:confused:

Originally Posted by dexdaw (Post 6679022)

Also with Darlings "Dither" over stamp duty this month people held off selling there house

Selling their house or advertising it! There's a million miles between the two.

Originally Posted by AndyBCbound (Post 6679043)

I have an account with HSBC in BC

Originally Posted by Loki117 (Post 6678953)

What?? I did not say fully recover i said pick up we are at a record low as of the 12th picking up isnt that big a dream. Banks have started reoffering 95% mortgages Darling is talking about killing stamp duty and with house sales at a record low the bad news is already in the air! A head line reading "Record low" like the 12th can only be in the news once "New record low" just doesnt have the same effect. Also with Darlings "Dither" over stamp duty this month people held off selling there house to try and make a saving so if and when he does finally announce the cut you can expect those extra houses to be included in the normal months sales thus giving a halo effect for that month and most probably some news paper jumping on a hardly used bandwagon to say "House prices recovering".

Also while we have been talking Mid market is now 1.99 with people trading up to and above $2.

After all of that I guess the real point should be no one knows what is going to happen we could have an earthquake tomorrow and tumble further down the rabbit hole we just need to take out own interpritation on the subject and do as we see fit.

Originally Posted by mclauchlan35 (Post 6679068)

There are still 95% mortgages on offer Halifax and Birmingham Midshires still offer them although fee's and rates aren't great. And bristol and west do 95%guarantor mortgage.

Halifax are actually constructing a deal with Persimmon Homes where they give you 5% deposit and Halifax give a 95% mortgage, effectively giving a 100% if other builders follow at may help revive the market a little.

I guess the builders need it more than the banks, desperate times call for desperate measures and all that.

Originally Posted by Loki117 (Post 6679074)

Yup HSBC / RBS / Natwest also announced mortgage rate cuts on the 6th Aug.

Originally Posted by AndyBCbound (Post 6679085)

Once you have an Hifx account up and running can you do the deal online or do you have to call them up for aquote

Originally Posted by Loki117 (Post 6678913)

if the house sales figures in the UK pick up (which it looks like they might) and the CAD economy takes a hit.

Originally Posted by Loki117 (Post 6679053)

Ok so if you where to go with XE right now a 60 second change now on 10k is at a rate of 1.9795 with mid market being 1.9871.

Originally Posted by Tableland (Post 6679097)

There is no chance of this happening (house market improving) for several years, in real or nominal terms.

Originally Posted by benjy25 (Post 6679099)

You can get this now?! HSBC offered me 1.8788!

Originally Posted by Loki117 (Post 6679104)

Yeah you can get that now but it changes every 60 seconds depending on mid market rate and volume.