Wise fees are exorbitant compared to OrbitRemit

OMO but when you sell keep your Pounds in the UK and feed as needed bank to bank, works for us.

Cheers, Steve.

@FindlayMacD

Tangentially off topic but are you sure now is a good time to sell your UK property? Interest rates here have probably peaked. Mortgage deals will progressively get better and the housing market will become more fluid as sellers have held back hitherto due to those high interest rates making the market flaccid. House prices will start to get momentum back. The opportunity cost loss if you sell in the next 6 months will make the spread on forex rates look like small change not withstanding the current strength of sterling which admittedly is at its highest against the greenback and PHP for some time because of those high interest rates.

Of course I am not privy to your individual circumstances and it is none of my business but why the rush to sell? Why not rent in the Philippines for say a year? Your UK bricks and mortar will far outpace the stockmarket. It really is a one way bet.

@FindlayMacD
Tangentially off topic but are you sure now is a good time to sell your UK property? Interest rates here have probably peaked. Mortgage deals will progressively get better and the housing market will become more fluid as sellers have held back hitherto due to those high interest rates making the market flaccid. House prices will start to get momentum back. The opportunity cost loss if you sell in the next 6 months will make the spread on forex rates look like small change not withstanding the current strength of sterling which admittedly is at its highest against the greenback and PHP for some time because of those high interest rates.

Of course I am nor privy to your individual circumstances and it is none of my business but why the rush to sell? Why not rent in the Philippines for say a year? Your UK bricks and mortar will far outpace the stockmarket. It really is a one way bet.
-@Lotus Eater

I have been living in the Philippines for 8 years now unofficially and I had hoped to sell my UK property a long time ago, but I have an ex wife who is a Filipina. and although she never paid a penny towards that property, she declared a financial interest in the property when we separated and it has taken so long to come to an agreement with her with regards to what percentage of the property yield she should receive, far to much in my opinion for someone who contributed nothing, but for the sake of getting the property sold we have come to an agreement. I know it's a bad time to sell but I'm 73 years old and just living on basic UK state pension and I just want to realise some profit from my life's work. What was my life's work and the financial decisions I made before I unfortunately met her.

@FindlayMacD

I understand. As the saying goes 'It's complicated'. Rough call. Well hopefully Filipina Mark 2 will prove a better outcome. Wish you well.