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£1=$2 FX Offer
In order to reflect the current economic challenges, when a property is purchased using Canadian financing, Ogilvy Lakes Resort have offered to adjust all non-financed amounts payable to provide the equivalent of a $2 CA:£1 GB deal.
By obtaining a local Canadian mortgage, the financed percentage of a purchase, typically 65%, does not involve any foreign currency exchange. The initial amounts payable which are not financed, typically 35%, and may require currency exchange will be adjusted to provide the equivalent of $2:£1.
- Ogilvy Lakes Resort
- La Grande Foret (With a purchase at La Grande Foret, the typical cost breakdown is 35% land : 65% house construction. Currently Canadian banks will typically lend 65% Loan to Value (i.e. the house construction amount). La Grande Foret's FX offer applies to 100% of the price of the plot).
To view an example of how the 'FX Deal' offer works, registered website visitors please Log In
Offer pertains to a maximum of 35% of the CA$ property price based on local financing being arranged. There are no restrictions on financing source. Buyers are free to arrange a mortgage with any suitable financial institution they choose. The initial CA$ amounts payable to the developer are amended using the prevailing FX rate at the time of payment. Neither the developer nor Invest in Mont Tremblant participate in any way in the actual currency exchange, which again the buyer is free to arrange with any suitable exchange broker.
