Easter Property Market Comment
With the prospect of extension to the current “lockdown” in many European countries and the UK due to the worldwide Covid-19 pandemic, I thought I would update you on where we find ourselves in the new conditions we are experiencing.
I hope that you, your family and friends are safe and well and dealing with your confinement as well as possible – we are lucky to have been blessed with lovely weather but I guess if you don’t have a garden you might not be feeling so appreciative.
I am pleased to say that sales of all of the properties that I have currently under offer are staying together, although deadlines and completion dates may have to be adjusted. There was a new Ordonnance from the French Government last weekend setting out some emergency measures for Notaires to enable them to continue to progress sales files. Signatures of both the initial Promesse de Vente and in some cases completion can be done via electronic signature and Power of Attorney documents.
The market was very active last year and also the first 3 months of 2020 and I expect that to continue once we are back to normal. UK buyers are very keen to buy during the Brexit Withdrawal Agreement term so as to benefit from some acquired rights if moving to France permanently – I hope that the Withdrawal Agreement period will be extended as many clients are feeling pressured because of a lack of time to complete a purchase this year. I also have keen cash buyers lined up and waiting to come over and view a specific property, or in some cases several, as soon as travel restrictions are lifted. It will be first come, first served!
Prices have remained stable and this area of France remains excellent in terms of value, choice and ease of access to the UK. Clients are still responding well to new properties advertised and setting up their wishlists on my website for a future viewing trip.
If you had planned to put your property on to the market in my area this Easter and I have already been to your property and taken the measurements, photos, etc. then this is still entirely possible. Please contact me for further information.
I am keeping my Suzanne in France Facebook Page up to date with travel information and other news.
Most importantly stay safe and stay at home.
Happy Easter – Joyeuses Pâques!