Published 15 February 2022

Good morning! A message from Jason!

“As the Ukraine/Russia tension continues, we’ve seen the currency exchange rates affected in both directions throughout the past 5 days. The main beneficiaries of the ongoing tension has no doubt been both GBP & USD meaning any clients buying property in Europe from The UK & The States are in a good position due to the strength in both of these respective currencies. Any UK or U.S clients selling property and going back would need to get involved sooner rather than later to protect themselves against losses on the exchange conversion.

To contact Jason visit our HLS International money transfer page here.

This post reflects the position on 15 February 2022. The law and the practice may have moved on since.