Welcome to Beaux Villages Immobilier

The award-winning estate agency putting you first

Beaux Villages Immobilier

The award-winning estate agency putting you first

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

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.

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