Secure current exchange rate for future transfer

I will soon be selling my house in France and would like to fix an exchange rate ahead of transferring the proceeds back to the UK. However, can you please tell me what happens if the buyer cannot get a mortgage and pulls out of the sale?

Forward contracts allow you to fix an exchange rate up to a year ahead of needing to make a currency transfer and are one of the specialist transfer options offered by leading currency providers. Using a forward contract to secure the current exchange rate for a future transfer will ensure ...

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