Avoiding agents 'could finance move abroad'

A website has suggested that people looking to buy overseas property could finance their move abroad by saving money on the sale of their UK home.

Expatriate advice website Shelter Offshore suggested that people considering moving abroad could save thousands by selling their UK home themselves.

The website reported that on the sale of a £150,000 home, movers could save up to £3,500 by not putting the property with an estate agent.

Sellers could still use estate agents to value their property for free, but there are a variety of books and services available to avoid using an agent to complete the sale.

When it comes to the actual move, people could save more money by using a foreign exchange broker to transfer their money overseas.

Many citizens can be nervous about severing ties with the UK. If this is the case, Shelter Offshore advises that people keep their property in the UK and rent it out.

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Posted by Eleanor Ward