UK Expats hit by poor exchange rate, rising prices and high cost of transferring funds
- £228m wasted by 1.5m+ UK expats transferring money via UK banks- Annual losses of £000s when bank charges are added to exchange rates- Expat confidence remains low as living costs rise by an average of over eight per cent year-on-year- House values still falling in Europe: by over 25 per cent for a quarter of UK homeowners in Spain
UK citizens living abroad are already facing falling