Wednesday, July 25, 2012

Pound at four year high against euro

When I turned my PC on this morning it told me that £1 buys around €1.28 which is a four year high seemingly.

This is still a far way from the heady days of €1.45 when I first arrived in France but it's also a significant shift that makes French property more attractive to UK buyers.

With the eurozone in such a mess I wouldn't bet against this trend continuing.

Having been in France for nine years this October I would, however, say that (in my humble opinion) you shouldn't let exchange rates be the driving factor behind your move. 

I genuinely still get a buzz from living in France.  Whether it's simple things like having the Courvoisier chateau next door to my local café or having access to simply sensational healthcare (as I experienced yesterday in my local hospital) it is the everyday positive experiences that should drive your decision making.

Of course, it's not all sunshine and roses here and I don't want to paint a false picture....I just think that the recent buying power given by the strengthening of the pound should be the icing on the cake not the filling!

1 comment:

Buy to Let Landlord Solutions said...

Lets hope it stays at this rate or keeps on rising.