Sterling and euros

Are You Being Optimistic?

Over the past year, we’ve seen huge market volatility whether it be through stalling Brexit negotiations or the ongoing pandemic that is affecting markets globally. GBP/EUR has been as high as 1.2047, and as low as 1.0608 this year, which

Stocks on a iphone

Lockdown Your Transaction

The overriding focus this year has been on COVID-19 and the impact this has had across the globe. With the threat of the virus still strong and the recent announcement of further lockdowns in most European countries, including here in

Currency in coins

EU based Britons to lose UK bank accounts?

A host of the UK’s major banks such as; Lloyds Banking Group (which includes Halifax and Bank of Scotland), Barclays and Coutts have notified customers that if a ‘No Deal’ ensues in the upcoming trade deal talks between the UK

Stack of money

Pound-to-Euro under Brexit pressure

Last week we saw the pound fall nearly 4% against the euro. Not great news for those in the UK looking to exchange their funds into euros to pay for their dream property in France. The only thing that stopped

Lockdown sign

Risk Is Back on the Agenda

A sudden surge in coronavirus cases in America, Europe and UK is threating the precarious balance achieved on the last months. For those thinking of buying in a different country and with a different currency this situation is really difficult.

Ready set go scrabble peices

Property Buying: Ready, Steady… Go!

With the possibility of travelling to France again, visiting trips to complete transactions or find a property are back on track. If you’ve read our previous articles you will have seen that exchange rates have been in flux during this

European union exchange rate

Currency Buying: What Moves the Exchange Rates?

The foreign exchange market is one of the most volatile global markets. Open 24/7 exchange rates fluctuate by the second. Some movements might appear insignificant, moving from 1.1450 to 1.1430 might not pose much of a risk. But some fluctuations

Black calculator near white paper and black pen

How has COVID-19 affected the French Mortgage market?

We continue to be contacted daily by prospective British and International French property buyers to understand what their borrowing capacity is in France. In short, the mortgage market has constricted slightly since the pandemic and ensuing lockdown, but brokers and

One pound

Property Market Opens with the Pound under Pressure

After a pause of more than two months, the property world is starting to show signs of life again as lockdown restrictions begin to ease on both sides of the channel. Good news for those who have been sitting patiently,

Know Your Currency Options

  One of the main advantages to use a foreign exchange specialist rather than a bank is the ability to access a wide range of currency tools to help you decide the best way to buy or sell your currency.

Iphone calculator

Exchange Rates Can Make or Break Your Budget

Buying a property in France can be an exciting venture. Deciding the region where you would like your French house to be located is one of the first and more challenging decisions to be made with 22 regions to choose

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Are Interest-Only Mortgages Available in France?

We’ve spoken to several clients over the last few weeks who are keen to understand more about interest-only mortgages in France. In many countries, including the UK, an interest-only mortgage is a cost-effective way to borrow, and works particularly well

Exit sign

Currency: Brexit Strategy Back in the News

Last week was particularly volatile in the currency markets following a record negative oil prices and the return of Brexit discussions. The pound lost some ground on Friday despite the EU leaders failing to agree a common response to the

Euro

Currency Update: Euro Under Pressure

After much haggling, last week EU finance ministers managed to reach an agreement on financial support. The €500 billion relief package is for European countries hit hardest by the tragic Covid-19 pandemic, such as Italy and Spain. The plan involves

Euros

Planning Your Transaction in These Uncertain Times

The CV19 crisis has left thousands of overseas property transactions in standby. Notaires and Estate agents are closed or working only in specific and urgent transactions. You might have found the property of your dreams in France but now you

MOneycorp

Protect Your Currency Transfers in Uncertain Times

There has been a great deal of volatility in the currency markets in the last couple of weeks. The situation is changing by the hour and if you’re looking to send funds back to France or elsewhere in the world,

dollar currency update

A Strong Lead – Dollar Update

The dollar was by far the week’s strongest performer, rising an average of 4.8% against the other major currencies To a great extent the rush for the dollar is a reflection of the huge uncertainty posed by the pandemic. Despite

Optimism is Shortlived – Euro Update

The euro started the week relatively well as investors considered it might be a safe haven, but retreated as the days passed. EU finance ministers pledged to take action, but the meeting did not yield any concrete steps and the

Ask the Experts: The Highs and Lows of Currency

Mar Bonnin-Palmer makes sure you don’t get caught out by post-Brexit swings in the currency market How come using a currency specialist costs less than a bank? Exchanging funds is a currency specialist’s primary activity; while a High Street bank

Q&A: The Highs and Lows of Currency

Mar Bonnin-Palmer makes sure you don’t get caught out by post-Brexit swings in the currency market. Q. I’m off on a viewing trip in a couple of months. I tend to exchange money directly at the airport but I seem

illustration of the characters in Alice in wonderland sat around the table

Brexit: Through the Looking Glass

After a number of dramatic votes in parliament, we take a look at the way ahead for Brexit and the pound. Reading the recent news headlines has felt like being Alice in Wonderland, with a rapidly changing landscape and sometimes

Rate Alert: Sterling’s growth continues

  The pound continues to make steady gains against the euro as Italy’s budget dilemma continues after the EU revealed its plans to increase spending, adding to its already massive debt pile of some 130% of the GDP. The pound’s

A couple planning their property inspection trip to France

Planning Your Property Inspection Trip to France – Top Tips

Once you’ve narrowed down your search area, you can book appointments to view the properties you have selected either through your property finder or with the French estate agents directly. Before you set out on your property inspection trip, here are some top tips to make the most of the time and funds at your disposal.

French Property, Home & Life Newsletter Archive

Our weekly French Property, Home & Life newsletter contains a range of useful hints, tips, briefings and links of interest to anyone contemplating a French property purchase or a possible move to France as well as those already living in