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Current exchange rates: saving on your French property

Created: Tuesday, 07 May 2019 Written by Tim Williams

Despite the uncertainties surrounding Brexit, political indecision and the Bank of England recently trying to "talk down" the Pound, the exchange rate
between the Pound and the Euro is on an improving trend since the start of 2018, as the chart below shows.
The rate topped 1.1750 yesterday.

As an illustration for British buyers of a 200,000€ property in France:
At a rate of 1.10 (the low on this chart), it would cost £181,000.
At today's rate of 1.17, that same property would cost £171,000, a saving of £10,000.

Seems like a good time to have a look at our latest reduced properties.