Hi all,
I'm curious what others have done in this situation? We're planning on arriving in London in September and will be looking for a flat before we have jobs in the UK or a bank account. I'm anticipating that we may be stuck making a large initial deposit, perhaps up to even six months worth of rent. How would we logistically tender such a payment to a new landlord, since all funds would be drawn from a US account? I'm guessing it'd be impractical (and probably unsafe) to just carry that much money over in raw currency. Would I have my bank just cut a large cashier's check and convert it to pounds at some high street bank (seems like the conversion rate would be horrid)? I'm assuming the amount could be in excess of $10k.
Any suggestions on practical ways of doing this, without getting too abused in the process by fees or bad conversion rates, are greatly appreciated.
Thanks!
Aaron