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More good news about Brexit !!

Created: Friday, 26 May 2017
Written by Julie Savill

Well I’m no politician, however it seems to me that the EU has just cut the legs off part of the UK government exit negotiations ahead of the predictable election posturing about ‘Hard Brexit’ and their woolly BS about immigration.

Having previously suggested the UK should NOT use people as pawns in the negotiation, the EU now appears to be leading by example - by making a unilateral declaration - and not using us as pawns; they have all-but guaranteed the rights of Brits moving to France and Spain.

This is all about pensions, health-care, double tax, right to reside……….
This is the stuff slowing down many of our clients who might otherwise make a decision to buy.

There is a strong inference that people moving before 2019 will have guaranteed rights, and those movings afterwards, presumptive rights based on simple procedures.
Simple procedures! That’ll be nice!

Here are a couple of usually authoritative sources if you wish to read more and decide what YOU think it means:

From Reuters:

‘The European Union will offer to protect the welfare and residence rights of Britons living on the continent after Brexit when it opens talks with London next month, according to a document seen by Reuters on Thursday’.
Read the full story

From Connexion:

THE EU has set out formally its wish to guarantee all the key rights of British citizens living in the EU27 and EU27 citizens in Britain after Brexit – putting the ball in Britain’s court to agree to these terms.
Its ‘negotiation directives’ say safeguarding the 'status and rights' of the citizens and their families "is the first priority for the negotiations because of the number of people affected and the seriousness of the consequences of the withdrawal for them”.
The president of the Council of the EU, Louis Grech, said: “We have established the EU position on the key issues for the beginning of the talks. The rights of citizens are at the very top of our agenda and we aim for an ambitious solution, where those affected continue to enjoy their rights".
They say rights to be protected should be reciprocal between Britons and EU27 citizens, based on equal treatment, and should be enforceable and vested for life. Citizens should be able to exercise their rights through ‘smooth and simple’ procedures and any residence cards should be issued ‘under a simple and swift procedure’ essentially of a ‘declaratory nature’.
Rights protected should include:
The status and rights derived from EU law at the withdrawal date (ie. probably the end of March 2019)
Rights that the people concerned will only enjoy at a later date – for example rights related to pensions – and rights that are in the process of being obtained, including the chance to acquire them after the withdrawal date,

Read more ...

How does the prospect of a 2017 UK election affect buying a property in France?

Created: Tuesday, 18 April 2017
Written by Tim Williams

Teresa May has today called a General Election in the UK for June 8, 2017.

The exchange rate has strengthened and is now close to 1.19, equal to its highest level so far in 2017.
With Labour apparently in turmoil, the election is seen as an opportunity for Mrs May to impose her stamp on the Conservatives, rewrite the Conservative manifesto, increase the Conservative parliamentary majority from its current level of 16, and "have a clear run" at negotiating Brexit.

The market is clearly expecting this political move to be good for the Pound.

This means that the exchange rate is likely to reach and exceed 1.20, higher than at any other time so far this year.

Demand for property is already strong in SW France - some 35% up on last year! If you are a British buyer, now is the time to benefit from a stronger Pound.
If you are a British seller in France, talk to us. We can help with protecting you against an "improving" exchange rate.

The day after that Brexit divorce letter

Created: Friday, 31 March 2017
Written by Julie Savill

Not the sexiest photo of the Dordogne we'll ever post!!
But maybe a reassuring one.
It's the car park at Bergerac airport.
The runway (not pictured) is currently being resurfaced.
The car park itself is again being extended; pictured. Some of us remember free parking in a muddy field.

That's a lot of fuss to go to if Madame L-P is about to deport us all. Surely she'd use buses for such a one-way trip?
And she'd need a much smaller car park afterwards......

And it's additionally reassuring for the future given that the parking spaces are being rebuilt with shelter for your car from the sun! Scorchio !😎

AND they have solar panels atop!!

Bergerac airport serves routes to Bristol, East Midlands, Liverpool, Stansted and more
Ex-pats are estimated to make up 95% of the passengers.
Holiday-makers, commuters, house-hunters, permanent residents who have already bought a house in south-west France. It's easy to get around.


Read more ...

Article 50 triggered and the exchange rate pops

Created: Friday, 31 March 2017
Written by Tim Williams

Within a day of Article 50 being triggered and the UK formally handing a letter to the EU, the exchange rate moved from 1.1450 (see arrow below) to just below 1.17, a move of 2%.

It just got cheaper for Brits to buy in Euroland.

America calling, calling America; France beckons !!!

Created: Thursday, 23 March 2017
Written by Janie Hollinshead

Bienvenue, Fellow Americans! You have chosen an excellent moment to consider making your French property dream a reality.

Low prices, great Dollar/Euro exchange rate, low borrowing fees, great property choice…

Read more ...

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