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you do a fixed-term per UK mortgage why not feel foreign currency one many people think that the use of a currency broker is exclusively for those transferring largest songs on a one-off basis well Im here to tell you that thats not the case let me outline little scenario for you give a lovely little Chalet and the new town in Maribelle the monthly payments on your euro mortgage are fixed and three thousand euros your European bank doesnt really care about the effect an exchange rate move will have on your sterling costs this is because the loan or the mortgage is denominated in Euros so if the rate of exchange in March means that three thousand euros cost you two thousand six hundred and thirteen pounds the change in that cost the sterling change in that cost to you come July is not something that your bank is really very interested in and come July you may have to pay sixty five pounds more because the pound has dropped in value then factor in that fractional changes in the rate o