Jump to content

Moving to the UK


Bannon
 Share

Recommended Posts

Just to give some light to people thinking of selling up in France and moving back to the UK, we put our house on the market two weeks agao and have found a buyer already - albeit a French couple. So it seems that for house sales at least things are not that dire -especially if you do not pitch the price to high.

 

Link to comment
Share on other sites

I am really pleased for you Bannon as I know you have been thinking of making this move for a while and this must make things much more achievable.

Yes, do explain to us how you pitched the price of your house.  Not asking you for any details, of course!

Did you go through an agent, advertise on the internet, the newspapers............? 

 

Link to comment
Share on other sites

We looked at what other houses were going for basically... and what was not being sold. 

A friend of ours bought a house here 3 years ago and is now trying to sell it for more than he paid for it. Crazy under present circumstances supported by that fact that it has been on the market for some time with little interest.

We had a figure in mind based on what we paid for the house, what we needed to buy in the UK, and some honest discussions with an agent of good reputation.

Cheers guys.

 

 

Link to comment
Share on other sites

Heres how we sold ours - signed the acte on 10 December. It went on the market about August 2007 via 5 agents and privately via Greenacres and IFP at a net vendeur price which the agents thought was reasonable at the time. There was a reasonable amount of interest from both French and English but no offers. By May 2008 having had only one offer which was €50000 below the asking price and which we rejected we again discussed the price with the agents all of whom recommended reducing by about €20000, which we did in July. Interest picked up quite a lot particularly among French viewers and in August we had an offer via an agent from a french guy. He was a cash buyer and thought to be really serious - three visits lots of questions and all going well. however we got to within three days of signing the compromis and he pulled out.  A bit depressing to say the least.

Another agent in the village then asked if a client of his who had been once before could have another look. He came and went and liked it and a week later made an offer. This was when we changed tack a bit. We had previously said that the euro price was a very good price and that we would stick to it as far as we could. The exchange rate meanwhile had changed dramatically, to the extent that the offer would give us (Sept 2008)£15000 more than we would have got for our original asking price in 2007.  That coupled with falling UK house prices meant we had to accept - and all went smoothly from there.

The money is the bank in the UK and with the continuing fall in the exchange rate we finally banked £30000 more than if we had sold in 2007at the original price.  so for us a successful outcome - all we need now is to find a house over here. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...