Consisting of Latvia, Lithuania and Estonia, the Baltics is becoming more and more popular with Brits moving abroad. This is due to the cheap(ish) property prices, relaxed pace of life and the beautiful countries themselves.

Depending on which country you buy in, you will have to pay a certain amount of deposit on your new property. In all three countries the general terms are the same; you can get a mortgage for up to around 80% of the property price, however the repayments must not exceed about 50% of your monthly wage.

A specialist is a good way to move your money from the UK to an overseas account, however most people do not consider this choice; they automatically think the easiest and quickest way to transfer money is to use their bank. Wrong. A bank can actually be slower, less cost effective, and more risky than using a specialist. You can pay outright for a property in the Baltics, if you are lucky enough to be in that position financially, however most people will find that around 50% is the maximum they can afford to pay in one go.

However much you need to move abroad, a specialist can devise a plan to suit your individual needs. No customer has the same circumstances and a specialist knows and cares about this. There are options to choose from, such as buy now, pay later, or buy in bulk to get the best rate, or even order the currency when it hits a rate you are happy to pay.

Mortgages in the Baltics are slightly restrictive when it comes to your age; most have to be paid off by the age of 65, so if you are retiring out there, you may not be able to take a mortgage. If you do get one however, then a specialist can help you save money and make your monthly repayment cost roughly the same amount each time.

Moving the money overseas really is simple, as long as you make the right choice. Whilst a bank will offer you one rate, pre-set each morning, a specialist can help you to get the rate you want. Banks cannot offer you any advice or knowledge on the exchange market. They are also likely to charge you a fee for moving the money. A specialist could not be more different. They can offer advice, support and help with your money. They work on behalf on you,. The client, whereas a bank does not. A specialist can also guarantee a more of your money than the banks can. Banks in England are with the Bank of England which means only £50,000 of your cash is safe. If you are moving £100,000 for example and something went ‘wrong’ you risk losing half of your money as it won’t be protected.