Friday 20 April 2012

Higher and higher....!

The highest rate seen yet this year for GBP/Euro currency exchange  1.2251

This effectively means a French property worth €300.000 euros today is now £23.000 cheaper to purchase than 4 months ago!

In which case....how about putting an offer in on this beautiful Dordogne property!



For the best currency rates for your French property project - click here to speak to our Dordogne Property Agency currency experts 




French Mortgages getting cheaper making holiday homes more affordable!

Courtesy of our French mortgage colleagues at IPF we are posting an interesting article concerning French property finance which was published in the money section of the Financial Times this week.

Click here to read to download and read the article

To obtain details of the latest French mortgage rates please click here

The upshot of the article is that the cost of borrowing to purchase a French property has now fallen due to the lower cost of wholesale lending to major banks.

With the lowest French property prices for a decade, improving exchange rates and ever cheaper property finance it is no wonder we are seeing the significant increases in activity in the French property market experienced at our Dordogne based head offices.

Click here to read to article

To obtain details or even a full quotation of the latest French mortgage rates please click here



Thursday 12 April 2012

Euro sterling reaches new highs!

Just seen a spot price for Euro / Sterling of 1.2124.  It's been many a moon since we have seen sterling this strong and if this level is maintained it represents an important breakthrough. It will be good for confidence generally, excellent for our tourism in France and we think this could therefore be a sparking point for increased market activity in resales of French properties to UK buyers.

Many buyers have been waiting for the best conditions.  With prices at competitive levels and improving exchange rates boosting confidence, it will be interesting to watch this space....

Tuesday 3 April 2012

Hugely important changes in the wings concerning French inheritance laws!

In 10 years of being an estate agent in the Dordogne region of France, this single announcement could potentially have the biggest significance of any change to French law concerning the purchase of French property by non-French nationals.

If you own a French property or are planning to own one in the future, the implementation of the planned changes could radically change your attitude towards your purchase and more importantly allow you to decide the fate of your assets and real estate in the event of your untimely demise.


This will materially allow owners of French property to protect members of their family in a manner chosen by their own needs and desires rather than being dictated to by the rather old-fashioned Napoleonic laws which has been the case in France since the early 1800s!

Effectively, the European parliament has recently passed new regulations which will allow expats who own property in France in France to be able to decide and dictate in a will that they want the law of the state of their nationality to apply to their estate and not French inheritance law.

We will be keeping a very close eye on this issue so come back regularly to view our blog for updates and more information.

Dordogne Property Agency