Report filed under: Buying Property Abroad Guides » Property in France Buyer's Guides
Mon, November 09, 2009 - 10:29 am EET
We Brits have a particular love for France and all things French – despite the bickering that goes on between both nations on certain levels, particularly sporting ones, we admire a great deal about France in general, and this leads many Brits to dream about owning a home across the Channel for short breaks, for retirement, or for a brand new life away from the hustle and bustle of Britain.
In this article we’re going to go on the hunt for affordable property in France to help fuel your dreams of French living. After all, it’s one thing longing to hop across the Channel, it’s quite something else to be able to afford to with a weakened pound and a lack of mortgage financing.
The good news is that there are some real bargain finds even in this day and age, and as long as you’re not dead set on living in central Paris or on the French Riviera, you may well be inspired by this report to go and make your property dreams come true in France.
Report filed under: Buying Property Abroad Guides » Property in France Buyer's Guides
Fri, October 09, 2009 - 8:22 am EET
We’re going to dispel a few French property myths and right a few French property wrongs in this report because we’ve had a string of emails asking us questions directly related to buying a home across the Channel and have deduced that there is a lot of confusion out there!
Despite the strong euro, a weak property market in France is now appealing to Britons because it is still possible to secure a bargain second home if you shop savvy – and so this must be why there is currently a lot of interest in buying homes across all French regions and why there are a lot of questions flowing in to our inbox from those buying in France. (Either that or we’re suddenly ranking higher on Google for relevant ‘property in France’ type searches!)
So today we’re going to cover four areas that we have been asked about – namely getting a bank account in France if you want to buy a home there, sorting out your home insurance, working out if an equity release mortgage is possible in France and getting a home improvement loan…
Report filed under: Buying Property Abroad Guides » Property in France Buyer's Guides
Mon, May 18, 2009 - 1:41 pm EET
Unlike in Spain, the property market crash in France has been far more tempered and gentle! Whilst there have been sales by vendors forced to sell at almost any cost, the majority of the market has seen an easing rather than an almighty crash, and the bottom has certainly not dropped out of the real estate market in France.
There are pockets where prices have dropped further than the national average trend, suggesting that these were areas oversold and perhaps inflated by the likes of British buyers in the past. But generally speaking, the average drop off in prices stands at ‘only’ 2.5% over the past year.
This is positive news for those who already own homes in France, and there has been more positive news thanks to the Organisation for Economic Cooperation and Development (OECD) that advises that the overall economic slowdown in France is beginning to ease.
Report filed under: Buying Property Abroad Guides » Property in France Buyer's Guides
Wed, February 18, 2009 - 8:45 am EET
France has long been one of the most popular countries with British retirees who are going in search of sunshine in retirement as well as a laid back and healthy lifestyle. What’s more, it’s a popular haunt with those who want a holiday home abroad and has been considered an excellent place for investment property seekers too…
However, France has certainly not avoided the effects of the global financial crisis, and at the current time there are many on the continent who are personally feeling the effects of the credit crunch. Those who have assets in more than one country and who need to consolidate may be being impacted, those who have a euro mortgage and a sterling income may be seeing their monthly payments rise, and anyone who is facing job insecurity and who has an outstanding balance to find on their French property may very well be worried about the potential reality of repossession.
In this article we take a practical approach to avoiding the repossession of property in France so that if you’re aware you have financial demons lurking, you can face them right now and prevent the humiliating and devastating loss of your home.
Report filed under: Buying Property Abroad Guides » Property in France Buyer's Guides
Wed, January 28, 2009 - 2:13 pm EET
There has been a 7% decline in the numbers of us taking holidays abroad according to the Office for National Statistics, and those of us who are venturing abroad are doing so for fewer days. The opinion of many in the tourism industry is that 2009 will be a particularly tricky year for the European tourism market too, as Britons are reluctant to venture into the eurozone where their pound buys them so much less nowadays.
Therefore, if you currently own property in France and you’re reliant on the tourism market for an income to fund that property, now might be a good time to offload your home!
In this article we’ll cover the reasons to sell your property in France and give you some good advice about how to go about the process and what to do with the resultant funds that you free up.
A look at how it is still possible to afford to buy ski property in France even with a weak pound and in reach of the popular resorts…
Where to find attractive houses for sale across the Parisian landscape…
France is not immune to the credit crunch as British buyers are absent from the French property market due to lack of mortgage funds…
How to earn an income from a holiday home in France and what to look for if you want to buy to let French property…
If you’re looking for a safer haven for your cash than shocks and scares or failing British property, what about an investment property in France?…