Worried about the Exchange rate
The euro has been gaining at sterling’s expense over the last few weeks – effectively making a French Property purchase more expensive for UK buyers.
However, it is worth bearing in mind that the euro interest rate is particularly attractive compared with the UK rate.
French Mortgages
For example, it is possible to fix rates at less than 5% for up to 7 years. There are many …
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Stumble it!If you are thinking of buying a property in France - investment, residential or holiday home - there is no better time! The £ sterling / Euro exchange rate is at £1 = 1.51 euros. So a property priced at 151,000 euros will cost £100K (plus notaire charges). With further UK.....click title for details
The weak pound sterling / euro exchange rate could be used to your advantage, according to foreign exchange specialists HiFX. Mark Bodega, Director of HiFX, says "Most buyers work to a budget and changes in the euro/sterling exchange rate have therefore led to people reviewing what properties they can afford". If you.....click title for details
