Take These Steps to Avoid Post-Brexit Travel Headaches

If you’re looking forward to a holiday abroad, you may have concerns about the Brexit mess and how it might affect your travels. Of course you want to protect your investment and have a great time away with your family, but the truth is; there isn’t much you can do about Brexit. Without a lens looking into the future, you simply don’t know exactly how the departure will work out. Despite the uncertainty, however, you can be reasonable sure a good time is within reach.

Brexit is out of your hands, so if you’ve booked holiday; the best you can do, ensuring trouble-free travel, is taking a few advance steps to protect your trip. By working out some of the particulars ahead of your travel dates, you may be able to avoid snags and last minute expense on your half-term or summer holiday.

Sort Out Currency; Buy Now and Later

There’s no telling how Brexit will turn out, so it’s hard to predict the future of the pound. If the bottom drops out as a result of a messy departure, you could lose substantial holiday buying-power. A diminished pound wouldn’t just affect your holiday travel to Europe, either; holidaymakers would also be impacted at destinations outside the EU.

If you’re concerned about the possibility you’ll be left without adequate funding, short-term loans are available online, furnishing funds you can use toward travel expense. And to hedge against a plummeting pound, you may wish to buy some currency well in advance of your trip, and then buy again later, closer to your departure date. The strategy effectively averages your exchange rate, which can help combat volatile markets.

Exchanging currency at the airport is among the most expensive ways to get money for your trip abroad, so planning ahead gives you access to cheaper options.

Get Your Passport in Order

Surprises work against you whilst on holiday, so it’s worth sorting everything out before embarking. An expired or lost passport is particularly frustrating, because it can disrupt travel and add last-minute expense to your holiday budget.

Due to travel rule changes following Brexit, particular in a no-deal scenario, it is thought EU countries will want to see at least 6 months left on your passport, from your arrival date. In some cases, more than a year may be required.

Renewals are not turned around as quickly as they once were, so you need to allow ample time for your new passport to arrive, prior to your travel date. Waiting until you’re pressed for time results in higher renewal expense and you run the risk of missing out, if your request isn’t processed in time for travel.

Consider Travel Insurance

It’s easy to pass over travel insurance, feeling as though you’d like to side step the expense. But with Brexit clouding the future of EU travel, you may wish to reconsider. You may be covered through work or paying through a current account, but if you need to find coverage, a little research goes a long way.

Travel insurance is a competitive industry, so savvy consumers can usually find cover for a reasonable price. Comparison sites provide side-by-side reviews, helping holidaymakers find the best deals for their travel destinations. And once you’ve found a suitable policy, checking cashback sends sometimes yields discounts, if your insurance provider is listed there.

Multi-trip travel insurance is a cost-effective options for frequent travelers. If you plan to travel abroad at least 2 or 3 times during the year ahead, a multi-trip arrangement is more efficient than buying a separate policy each time you travel.

Brexit’s impact is already felt far and wide, which can only be expected to worsen if a no deal departure follows through. The travel industry may be impacted and currency concerns could ultimately affect holidaymakers. Until the transition unfolds, however, uncertainties remain about Brexit outcomes. With your holiday investment in the balance, these steps and other advance planning can help you soften Brexit-related travel disruptions.

Paul graduated in 2001 with a degree in Finance. Since then he has gone on to work for several of the UK's most well-known financial institutions.

An avid blogger and a huge football fan, Paul is here to guide you through the ins and outs of personal finance and perhaps save you some money in the process!

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