At the start of their property search, Hampshire couple Alan and Jackie Patrick applied to appear on a popular holiday-home TV show. Though they didn’t buy anything they were shown, they found the experience helped them understand exactly what they wanted from a holiday property.
Eventually, they found a semi-detached villa in Costa Blanca just 15 minutes from the coast, and used Telegraph International Money Transfers for their payments. The couple now divide their time between their Hayling Island home and their new property in Spain.
Why did you choose Telegraph International Money Transfers?
“Initially, we moved to Spain for a year but didn’t need to transfer money as my wife was receiving an income from her teaching job. After a while, we started to think about investing in property, and did some research online and at my bank.
“Meanwhile, I read an article in The Daily Telegraph which included an introductory offer from moneycorp. I had been nervous about trusting a company other than my bank, but thought if the service was being recommended by my newspaper, I could trust the brand and would have a clear way to raise any issues that arose.”
How did you manage the buying process?
“After an extensive search and some careful consideration, we finally took the plunge and bought our villa. While we were organising the purchase, it quickly became apparent that, if we used our high-street bank, we would lose a lot of money to poor exchange rates and unnecessary bank fees. Even one of my daughters, who used to work for a bank, told us it was worth investigating the alternatives – and she was absolutely right.”
What do you like about Telegraph International Money Transfers?
“I’m no expert in currency or computers, but it was very easy to open the account and, over the years, the whole process has become even easier. You can make transfers as and when you want to online without ever having to make a call.
“As a part-time expat I’ve come to realise that exchange-rate volatility can have a significant impact on the amount of money I receive. When I need to transfer money to pay bills or cover living expenses, I watch the exchange rates to see where they are. The team keeps me updated whenever the rate goes up or down.
“I like the fact that, in addition to saving me money, moneycorp enables me to keep a close eye on what’s happening with rates so I can decide when it’s a good time to transfer money.”
Would you recommend Telegraph International Money Transfers?
“Absolutely. I have real confidence that my money is in good hands. In fact, there’s even more built-in security now and the service keeps improving. I’ve recommended The Telegraph’s service a number of times to friends who were in a similar situation, including a friend who spends a fair amount of time in Canada.
“I thought transferring money might be complex and I’m always surprised at how easy the whole process is. I simply transfer money from my current account into my moneycorp account, wait for an exchange rate I’m happy with and then flick it over – it’s in my Spanish account within a day or two. All of that makes the service very easy to recommend.”
What advice would you give to anyone considering a move to Spain?
“Our advice to anyone considering a move abroad would be to just do it! You only get one life. Just make sure you don’t do it blind – if you watch property shows, you’ll see a lot of people who don’t really know what they want.
“Make sure you do your research on the areas you like and the processes buyers have to follow. There are specialists in everything, from overseas property to currency, and it’s worth getting all the help you need to make the most of your money – then you can sit back and enjoy your life in the sun.”
Make sure you make the most of your money when you make the move abroad with Telegraph International Money Transfers
moneycorp is a trading name of TTT Moneycorp Ltd which is authorised and regulated by the Financial Conduct Authority for the provision of payment services. All customer funds are safeguarded in segregated client bank accounts.
The above article was created for Telegraph Financial Solutions, a member of The Telegraph Media Group. For more information on Telegraph Financial Solutions click here
Information correct at date of publication.