16th October 2016

Don't wish to tempt fate, but are things finally happening on the French house sale front?
.....Meantime in the UK the High Court on Tuesday started hearing details of three legal challenges over the process of triggering Britain’s exit from the EU. Senior judges will decide whether Theresa May, the prime minister, has the power to serve notice of withdrawal from the EU under Article 50 or whether she will need a vote in parliament approving withdrawal.  Perversely, for me, at this present time of low euro:£ exchange rates, it would be better if Brexit went ahead!  I know, I know. But, you see, if the legal challenges were to win and Brexit were cancelled, the £ would probably then shoot up making our search for an English house within our budget impossible! Some say Fix the Rate now. Also problematical. There'd be a deposit of c.£18K to pay with international exchange banks, which we'd lose if a sale didn't go ahead. And... previously I thought that all buyers, after signing the Compromis de Vente (first stage), had 10 days to change their mind. However I've now discovered that if the buyer is a Marchand de Biens (a company dealing in renovations/land e.g.) there is no 10 day reflection period but you have to wait to see if nec loans are approved. All too much for me. I'm too old for all this.
                                        .........more next week on the rolling sale news of a house in Gaillac.