Aware that the pound might continue to lose ground aginst the Polish Zloty I made a forward contract with a currency dealer in January and bought the equivalent in Zloty of the next two stage payments on my unit in the Lumiere development in Warsaw - paying 10% of the total, with the balance payable on the due date which I set as the middle of April. This date I can move forward if I wish.

Of course I have no idea when the next stage payment will become due. All I know is that it will be "within 7 days after receiving from the developer a notification on the construction of the floor above the third floor in the building in which the apartment shall be located."

What I would like from PS is more precise information on the build progress (other than completion "remains at June 2009") so that I can better anticipate the next request for a stage payment and in turn know when I will have send the balance of the purchase of my forward contract.

ColinD