Is it the right time to buy in France? Professor Robert Anthony believes that current lending conditions combined with opportunities for rental income make buying a sound decision.
In a market that has been calm, I am often asked the question “should I buy a property?” Depending on the location and the price range, some properties are worth around 50% of the price in 2007. If you consider the exchange rate in sterling, this is still cheaper than it was at that time.
Mortgages
If you borrow locally in France, you can fix the current low interest rate for the whole period of the loan. When I moved from the UK to France over 30 years ago, I was very surprised that one could borrow money on fixed interest rates for the whole period of the loan. Depending on age, the loan can be up to 30 years. With interest rates below 2% to currently borrow money on residential property, it is a very good time to take out a mortgage.
Rentals
Denne historien er fra May 2017-utgaven av French Property News.
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Denne historien er fra May 2017-utgaven av French Property News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Bond With France
With a licence to thrill James Bond fans, Chloe Govan goes househunting in the film locations immortalised by the spy who loved France
Sarlat stardust
Just 20 minutes from Sarlat-la-Caneda, this tastefully restored home reflects the glory of the Périgord Noir capital, says Ruth Wood
The money column
The ‘B’ word is back! Laura Parsons explains how to protect your money as we near the end of Brexit transition
Nature's harmony
A renovated farmhouse in Lot-et-Garonne could be perfect for those hearing the call of the wild, discovers Brigitte Nicolas
Main event
Buying a holiday home near a popular annual event could guarantee you a beautiful setting and some extra cash, finds Hannah Evans
Hauss style
Joanna Leggett learns all about Georges-Eugène Haussmann – the man who designed the Paris that we know and love
Architect's diary
It’s all in a week’s work for France-based Neil Vesma
Write on the edge
When it comes to life in west Brittany, author Wendy Mewes has been there, done that, written the guidebook
A year like no other
So much for spring cleaning — property manager Mary Hall explains how 2020 has thrown a spanner in the works for second home owners
A law unto themselves
Why is French law so different to the law in England and Wales? It all goes back to William, Henry and Napoleon, explains Alan Field
