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The euro to the pound.
Re: The euro to the pound.
by Sage » Tue Dec 31, 2019 10:49 am
The exchange rate is not all bad news.
Those people who bought new property in Spain 15+ years ago and who now want to return to the UK, will know that property values in Spain have not kept pace with price rises in most of the UK.
The few people I know who bought Spanish property as an investment have been disappointed.
In many cases the sale price of their Spanish property is less than they paid for it. But the movement in the exchange rate goes some way to compensate.
Those people who bought new property in Spain 15+ years ago and who now want to return to the UK, will know that property values in Spain have not kept pace with price rises in most of the UK.
The few people I know who bought Spanish property as an investment have been disappointed.
In many cases the sale price of their Spanish property is less than they paid for it. But the movement in the exchange rate goes some way to compensate.
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Re: The euro to the pound.
by Ginger » Tue Dec 31, 2019 6:06 pm
The exchange rate is appalling, people relying on the UK state p3nsion since Brexit have lost about a third of their pension. Every time the exchange rate has shown signs of improvement some politician in the UK opens their mouth and the rate plummets.
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Re: The euro to the pound.
by polop » Tue Dec 31, 2019 7:01 pm
Ginger wrote:The exchange rate is appalling, people relying on the UK state p3nsion since Brexit have lost about a third of their pension. Every time the exchange rate has shown signs of improvement some politician in the UK opens their mouth and the rate plummets.
I am afraid if you rely on the exchange rate to live anywhere other then the UK then you have to take the good with the bad, and if the UK leaves without a deal a definite drop will happen, for how long hard to say and will it ever go back to the big highs hard to say.!!!!
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Re: The euro to the pound.
by Paulr » Tue Dec 31, 2019 8:42 pm
Steve4878 wrote:I cant understand alm these people who have made Spain there home going on about Brexit or the tories. You dont live in England anymore!!! You will still get your pension and health care and no matter how much you complain, you will get both so stop worrying. Yes you may have families living in the uk, yes they can vote etc, but you live here so leave it.
I lived in Australia for 10 years and never once believed the uk should pay for my health care. I had gone at my choice so accepted my new country and their laws and policies.
If it bothers you so much what's going on in the uk, why not move back? You can then join all the protests etc, vote and live with the tories or labour or whoever's is in government.
It's time to accept things are what they are, you cant change them and you live here.
Of course you don't understand - Australia isn't in the EU! Those of us who live in Spain have also "accepted our new country and their laws and policies". Despite paying into the UK's tax and national insurance pots for a full 43 years, I am unable to avail myself of free reciprocal healthcare until I reach UK State pension age - for me, that means paying for private health insurance in Spain for the last 3 years and for the next 6 years - but that's the way it is and I knew that before I moved here. What's more galling is stupid comments from people who clearly don't know what they're talking about. If there's a "no deal" Brexit, we will NOT get reciprocal healthcare (because Johnson still hasn't signed off a like-for-like citizens' rights deal with the EU or Spain) and State pension increases will cease from the 2022/3 tax year, even though we contributed to them all our working lives. Again, I will have to live with this, but it is not that easy for pensioners who moved to other European countries many years ago, long before Brexit was even on the horizon.
As for the OP and people making similarly crass comments, my recommendation is that all of us living in Europe move back to the UK and put an even greater burden on OUR NHS and other public services.
To the sensible people of this forum - Marcliff, Shiva and other moderates - I'd like to wish you a very happy new year and best wishes for 2020.
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Re: The euro to the pound.
by Paulr » Tue Dec 31, 2019 8:44 pm
marcliff wrote:The pound has strengthened? It was 1.20 a little while back with the optimism when Boris took over. Has now dropped to what it was before Boris took over (1.17).
And please don't do what others do and equate exchange rates to "detest the Tory government and Boris" as it simply shows a trolling attitude to try and get a rise.
It's things like that that spoil the forum along with starting new threads on an old topic.
Well said Marcliff!
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Re: The euro to the pound.
by Paulr » Tue Dec 31, 2019 8:46 pm
Shiva wrote:TonTri wrote:Marcliff, may I respectfully point out that the OP's comment was how she was pleased that the £ hadn't dropped that much due to the election result. It's subsequent posters who turned the whole post into a Brexit argument and whinge.
Not quite, Tontri, the OP's comment was not a neutral comment on the exchange rate. It was overtly and unnecessarily political and phrased in a way to provoke a reaction. She said:" It isn’t bad at all! I was wondering how all the posters who detest the Tory government and Boris feel now that their pound has strengthened and they have more money in their pockets. It will hopefully get better and better once our economy gets a chance to grow..." And there was a predictable reaction.
Well said Shiva!
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Re: The euro to the pound.
by bigspender » Thu Jan 02, 2020 1:40 pm
It was 1.43 before the referendum. It dropped to 1.06. It has hovered around 1.14 ish for months after picking up a little and thats the top rate not the tourist rate. We have lost hundreds and hundreds of euros in 3.5 yrs. It went to 1.20 for 2 days after the election then dropped back to 1.17. Again thats the top rate. Its still the same. You really dont know what you are talking about. Unless you live here you dont watch the exchange rate daily like we do. Every time boris or a tory open their mouth it drops down. I suggest you do research before putting posts on a forum where many live here full time !!!
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Re: The euro to the pound.
by bigspender » Thu Jan 02, 2020 1:47 pm
Absolutely astonished by some of the comments on here from people who have obviously not been affected as they have plenty of money so dont worry. Some of the comments 'well said' are just a joke. Suggesting that people go back is just so unhelpful and ridiculous when we have made our homes here and have nowhere to go and have rescued animals that brits have dumped after going home. I have nothing more to say except to the OP think before you post something so silly and show your lack or knowledge.
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Re: The euro to the pound.
by Red Rock » Thu Jan 02, 2020 2:28 pm
Mac3blade wrote:No insult intended at all. I was simply wondering that is all.
of course you were
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Re: The euro to the pound.
by Glassfull » Thu Jan 02, 2020 2:46 pm
Of course, there’d be no exchange rate issues had the UK adopted the Euro.
We loose money with exchange rate fluctuations but also to the banks, who like to cream off a little of our, meagre piles.
We loose money with exchange rate fluctuations but also to the banks, who like to cream off a little of our, meagre piles.
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