Royal wedding? Meh! We’d rather go to the French Property Exhibition
Posted on 21st May 2018
Astonished exhibitors ran out of leaflets and business cards as crowds of eager househunters descended on the recent French Property Exhibition in Yorkshire.
The estate agents and experts at the event in Wetherby were secretly steeling themselves for a subdued Saturday because it coincided with the royal wedding, FA Cup final and glorious weather. Instead, hundreds of people flocked to the two-day show to browse French properties and get friendly face-to-face advice about legal, financial and tax matters as well as Brexit. With numbers significantly up on last year, Currencies Direct ran out of brochures, while agency Leggett Immobilier got more leads in a day than they expected to get over the weekend.
“It’s been manic,” said David Appleyard whose removals company Britannia Appleyard was swamped with enquiries. “Saturday passed in a bit of a blur to be honest.”
“It’s been fantastic,” agreed Jason Porter, of headline sponsor Blevins Franks wealth management advisers. “My view is it’s because of Brexit. A lot of people are bringing forward their plans. Last year, most people told us they were three years from moving. Now everyone is saying they want to be in France within two years.”
There might have been some other drivers of the crowds, said Helen Scott, of Leeds-based currency service Eris FX.
“A lot of people have said they were ready to buy now because they could cash in their pensions. We also met a lot of people who were selling their UK buy-to-let properties in the UK because the new tax rules have made it less attractive now,” she said.
Jane and Andy Hathway had driven up from their home in Bristol to attend the exhibition. Having owned a holiday home on the Costa del Sol in Spain, they were delighted by what they could get for their money in south-west France while still enjoying plentiful warm sunshine and a high quality of life.
“We’ve got to a point in our 50s where our daughter is grown up and we’re looking for a bit more direction in our lives,” said Andy. “We are looking for a property where we can live with a business, a couple of gîtes maybe. The thing is we don’t know France really and we haven’t got a clue where to look, so we’re hoping to get a few ideas today.”
Carolyn Pratt from Charente Maritime-based Idimmo said many visitors are in the same boat.
“A lot of people start their search here, including my own parents 29 years ago,” she said. “We find that people often don’t know where they want to buy, so we promote the area first and spend a lot of time explaining the buying process. Even though people have the internet they often prefer to talk face to face.”
Liverpool couple John and Stella had come across on their motorbikes to get ideas and advice about buying an apartment or small lock-up-and-leave house in Nouvelle Aquitaine. John works next to Liverpool airport, which has flights to six French cities, so jetting off for a weekend is perfectly possible.
“The kids have got to an age where we don’t have to worry about them…as much,” laughed Stella. “And I’m self-employed so I can juggle my hours.”
The couple are looking for something small and low-maintenance, at least in the first instance while they see how easy it is to learn the language and make friends.
“It’s a romantic idea but we need to go and find out the realities,” said John.
Currency experts Cambridge Global Payments sponsored the ever popular free seminars including their own talk explaining why it makes sense to use a currency provider to transfer money to France rather your high street bank. Other seminars covered the implications of Brexit, pitfalls of the buying process and ideas on where to buy in France.
The next French Property Exhibition will be held at Olympia London on 15-16 September. Register for free tickets for the Olympia French Property Exhibition now.