Chris Posted February 4, 2009 Share Posted February 4, 2009 As a potential buyer, I've noticed a few private sellers returning to the UK who say they are willing to accept most of the money in sterling. The advantages of avoiding a double currency exchange are very clear, and should obviously be reflected in the price to be paid, but I still have questions. Apart from the obvious one of is it legal(!), what proportion of the money must still be paid in euros, and at what stage in the process? Does paying in sterling raise any special complications? How does the process work, since I thought the money had to pass through the accounts of a notaire in France? All ideas gratefully received!Chris Link to comment Share on other sites More sharing options...
Clair Posted February 4, 2009 Share Posted February 4, 2009 Previous threads on the topic:Can I pay for house in £ sterling?Is it possible to pay for a house in sterling?Moving back to the UK Link to comment Share on other sites More sharing options...
Chris Posted February 4, 2009 Author Share Posted February 4, 2009 Thank you - I struggled to find anything through 'search'!Chris Link to comment Share on other sites More sharing options...
Stan Streason Posted February 5, 2009 Share Posted February 5, 2009 It certainly is. Due to complete in a fortnight and everything is still going well. (posted details on the first thread mentioned above).As a matter of interest Nord Charente Homes website discusses this possibility and they have already lined up a number of owners prepared to accept sterling. (I have no relationship with NCH). Search around for a notaire who is prepared to act in this way, I get the impression they are short of work and are accepting work they previously would have refused to do. Link to comment Share on other sites More sharing options...
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