Interest rates in the UK are falling and if you have spare cash it will be eaten away by inflation as real rates of return fall.
Rising French property prices/Falling UK property prices
Property prices are forecast to rise across France in 2008 by an average of 5% but in the Limousin house prices (Which are the lowest in France) will rise faster than this as they are starting from a lower base. The flip side of this is that if you have money invested in UK property, it is forecast to fall in value in 2008 and has started to do so even now.
Currency movements
The pound is weakening against the Euro as interest rates in the UK fall. They are forecast to fall further during 2008 as the Bank of England attempt to stimulate the UK economy.
All the above factors point to one solid conclusion – now is the time to buy your French property - waiting will cost you money. So make 2008 the year you buy your house in the Limousin and take the first step by contacting us now – You won’t be disappointed.
