Brexit is no barrier for househunters
Posted on 9 October 2018
Uncertainty over Brexit is not stopping buyers from seizing the chance to make a French property purchase, it seems. With prices in rural France stable and bargains still to be had, a visit to the French Property Exhibition at The France Show is a must.
A record number of homes changed hands in France last year and the property market is buoyant. House prices have been creeping up but are still much lower than in the UK, especially in rural areas away from cities and coastal hotspots.
With the UK still on course to leave the European Union, many Brits are racing to snap up property in the hope of moving across the Channel before Brexit and securing an automatic right to stay indefinitely. Experts insist, however, that people will still be able to move to France after Brexit. It’s just that their rights will be covered by French immigration law, not EU law, and there will likely be more paperwork and restrictions.
“We’ve seen it before, during the recession for example,” said French Property News editor Karen Tait. “People hold off buying while they wait for answers or an improvement in exchange rates, but in the end their plans to buy a property are too important to put on hold for very long.”
For anyone thinking of buying in France in the next few years, the French Property Exhibition at The France Show is a must-visit. Estate agents will be on hand to answer questions and provide local market knowledge. It’s also a chance to talk to other professionals in the property process, from removals companies to tax and legal advisers. Anyone attending the free seminars will also benefit from a wide range of expert advice on many aspects of buying and living in France.