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Foreign-Exchange-rates

October currency update

Another month of slow decay took the euro to a two-year low against the US dollar and to within a millimetre of a six-year low against sterling. In September as a whole the euro lost two cents to sterling and fell nearly five US cents.

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Sextant makes its debut on the small screen!

Sextant Properties is coming to a screen near you! Two of our properties in the Poitou-Charentes region appeared in a recent episode of the popular Channel 4 series A Place In The Sun. With the help of presenter Sara Damergi, the Place In The Sun team and our very own superstar agent

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And the winner is… Midi Pyrenees!

Do you consider purchasing a property in France? How to choose wisely your place to live?

An article from The Connexion’s Newspaper emphasizes a recent and very useful OECD survey.

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Why now really is the right time to buy your French Home?

Do you have the dream to buy a stone house in the French countryside or a modern villa on the French Riviera? This is the right time to buy in French property: prices having fallen everywhere in France.
We have updated our property price guides on Sextant’s website using the latest data from the French notaire database (equivalent to the Land registry in the UK).
Overall prices of resale houses have slightly decreased over the past 3 years (there was a peak in 2008 and 2011). At the moment prices are still 10% below the previous peak. By comparison to the UK where prices are already above 2008 peaks, i.e. 6.71% in Wales, 3.58% in Scotland and last but not least +32.44% in Greater London (according to Zoopla data). If you own a house in London you are most likely to be a millionaire so why not scale down in the UK and buy a buy a good value property in France? Click here to see the prices trends by region

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Mortgage application

French mortgage interest rates reach new low

Interest rates have fallen by 38 basis points from the beginning of the year, for the new-build housing market (2.67 % now compared to 3.08 % in December 2013), the existing housing market (2.69 % now and 3.08 % in December) and also the renovation work market (2.73 % and 3.12 % in December). This is the first time since the late 1940s taht mortgage interest rates have reached (and stayed at) such low levels.

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Foreign-Exchange-rates

September’s currency update

The decision was not unanimous but on Thursday the European Central Bank’s Governing Council voted to relax monetary policy further by cutting interest rates and buying asset-back securities (packages of mortgages and other loans).

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The ‘Ile de Beauté’: follow in the footsteps of Honoré de Balzac

In March 1838, the celebrated French novelist and playwright Honoré de Balzac stayed in Bastia, Corsica. Today, the character building he stayed in is listed as a Historical Monument and now is the time to seize your chance to own a piece of history! Relive Balzac’s moments in Corsica

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Le Marathon du Médoc: the French wine race

Save the date! On 13th of September, thousands of thirsty runners will compete in the 30th edition of the Marathon du Médoc. The 26 mile course runs through prestigious vineyards where competitors will enjoy … red wine stops

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French Wine & Food feasts this September in Paris

This month, two wine and French food feast are planned in Paris. Take the occasion to discover new tastes! Mind the details below:

For 4 whole days, wine and food lovers are invited to the “Sea & Vine & Gastronomy” fair to taste and to chat about great food and alcohols.

Between the 5th and the 8th of September

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French mortgage interest rates reach new low

Interest rates have fallen by 38 basis points from the beginning of the year, for the new-build housing market (2.67 % now compared to 3.08 % in December 2013), the existing housing market (2.69 % now and 3.08 % in December) and also the renovation work market (2.73 % and 3.12 % in December). This is the first time since the late 1940s taht mortgage interest rates have reached (and stayed at) such low levels.

(2.67 % now compared to 3.08 % in December 2013), the existing housing market (2.69 % now and 3.08 % in December) and also the renovation work market (2.73 % and 3.12 % in December).