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Mar 16

Budget - March 2016

Wednesday 16th March at 16:30 - £1.00 GBP = 1.2722 EUR

This afternoon, George Osborne outlined his 8th budget as Chancellor of the Exchequer, one that aims to target the ‘next generation’. There are many suggestions that this was Osborne’s most difficult budget to date, as some believe it is also acting as a pre-cursor for his shot at the Conservative party leadership. This has been made even more problematic by the slowdown of the UK economy, combined with the government’s split over Europe. Indeed, Osborne warned against Britain leaving Europe in his speech.

Budget 2016 

The highlights of his budget included a downwards revision to UK growth forecasts, with 2016 being downgraded to 2.0% from 2.4% and 2017 also being revised down to 2.2% from 2.5%. Starting from 2020, corporation tax will also be cut to 17% and importantly for many UK SMEs, he announced that 600,000 small businesses would be exempt from business rates, saving them up to £6,000 per year.

For individuals, the higher 40% income tax barrier was raised to £45,000 from next year and he announced that ISA allowances would reach £20,000.

Following his speech, the FTSE 100 was impressed, rising to 6171, while the pound was less so. Sterling hit fresh daily lows against both the euro and the US dollar reaching GBP/EUR 1.2676 interbank (IB) and GBP/USD 1.4051 (IB). Sterling clearly was not happy by Osborne revising growth forecasts downwards.

Overall it seems that it his speech had many of the elements of a traditional Conservative budget and that Osborne has adopted a Thatcherite approach by championing small business.

Do you want more information ?

So if you need to buy or sell sterling and would like to be kept up to date with all the latest data releases and exchange rate movements then feel free to contact myself Ben Amrany. If you are buying or selling a house in France we will make sure your monies are in the right place at the right time, we work hand in hand with you and Cle France.

For more information on the currency service I can provide please feel free to contact myself...

Ben Amrany from FC Exchange follow this link or phone and ask for myself and quote "Cle France" on 020 7989 0000.

You may contact me directly using this form (click here) with your requirement and I will explain the options that are available to you in getting the best exchange rate.

FC Exchange

Blog submitted by: Ben Amrany for The French Property Network - Cle France.

For everything you need to know about French property visit www.clefrance.co.uk

Add CommentViews: 3071
Mar 9

Cle France agents we met were professional and friendly

Hi Cle France,

We have seen several properties and we are going to weigh up the pros and cons, our second viewings / revisits helped and we will let you know our thoughts ASAP. The agents we met were professional and friendly.

Thanks T&A

If you are looking to view and buy a house in France, let Cle France guide YOU through the French Property Buying Process!

And as several of our clients say "Follow your heart and make the move"

Thank You Cle France

Add CommentViews: 2264
Mar 9

All Your Agents Were Excellent

Hi Sharon,

Our trip to France very steep learning curve!!!

I'm still in France, sailing back tonight. All your people who showed me round were excellent, very helpful.

I took loads of photos so over weekend will share with my husband and let you know.

I would like to think there are 2/3 possibles (I saw more than the list) from the ones I saw.

Many thanks again, Joanne.

First viewing trip can be an eye opener but we tend to find the right property for our clients within a couple of trips and it turns out that Joanne may have found the perfect property with us, we have passed your kind words onto our agents.

If you are looking to view and buy a house in Normandy, let Cle France guide YOU through the French Property Buying Process!

And as several of our clients say "Follow your heart and make the move"

Thank You Cle France

Add CommentViews: 2402
Mar 9

Cle France agent was excellent

Hi Sharon,

Your agent was excellent I can not speak too highly of his manner, his professionalism and how helpful he was.

He even showed us other properties and provided useful insights to the area.

Gerard.

All part of the service Gerard but thanks for taking the tim to let us know and we have passed your kind words onto our agent.

If you are looking to view and buy a house in Poitou-Charentes, let Cle France guide YOU through the French Property Buying Process!

And as several of our clients say "Follow your heart and make the move"

Thank You Cle France

Add CommentViews: 2562
Mar 9

A New Life in France?

Character Rural French House, Mortain (ref: MNB03497) €150,000

If it is a new life in France you are looking for or just a change of scenery and a slower pace of life then we have the property for you that "fits the bill" in so many ways. In the countryside yet on the edge of a lively town, quiet location with open rural views but not isolated, ready to move into but scope for development, land for animals and growing your own but not too much to make it a burden....

The lists go on about this house it is such a perfect buy for someone thinking about taking thew next step and buying a proper family home in France, we love it!

Because of all of these reasons you have a FANTASTIC OPPORTUNITY TO ACQUIRE this Rural French House is a 4 bedroom Character Cottage that dates back to the 1700s.

The property has a new conservatory at the back and one also to the front of the house, a beautiful large fully fitted kitchen with dishwasher, fridge, table and chairs, the large lounge has a granite fireplace with wood burning stove plus oil fired radiators, original oak beams give character, there are 4 bedrooms one with an en-suite and 1 with small adjoining room (which could be made into an en-suite if required), bathroom, separate shower room.

MNB03497 1

Ground floor: Entrance 9.20m2, fitted and equipped kitchen 18,70m2, living room with fireplace 30.00m2 (wood burning stove), conservatory 16m2, 1 ground floor Bedroom 12.80m2, bathroom 6.60m2, Shower room and toilet 3.00m2, Corridor 5.30m2..

Upstairs: Mezzanine 12.00m2, 2 bedrooms 7.50m2 and 13.00m2, toilet 1.00m2.

Lower Ground Floor: 2 cellars 30m2 and 20m2 / store rooms (50m2), boiler room 27m2 (Oil central heating - recent boiler).

Courtyard and Land of 5 Acres / 2 Hectares approx.

There are 3 large dry stores under the house and a separate oil store.

A Patio area outside, with old bread oven, is ideal for relaxing and for family and friends to enjoy the fresh air and the BBQ, this area  around the property contains a table and benches and parking for several cars.

The sale is to include most of the furniture.

MNB03497 2

The house is situated in the bottom of a beautiful valley within a 5 minutes walk of the market town of Mortain with all shops and services and only 10 minutes walk to a school.

In Mortain you will find the famous waterfalls, the 'petite cascade' and the 'grand cascade' which are a popular tourist attractions are only 15 minutes walk away. There are many cycling and walking routes close by. Also the town has a lot of history regarding the second world war as a major battle was fought in Mortain.

The house stands in approx 5 acres of land, including a field with animal store with river Cance running at the bottom and small wood to one corner.

The main gardens are landscaped and contain fruit trees and willow trees.

The House has been completely renovated and has the benefit of mains drainage and oil fired central heating.

Tax Fonciere 987.00 euros a year.

Habitation Tax 979.00 euros a year.

Just over an hours drive to the ferries at Caen for Portsmouth etc, and around 1 hours drive to Dinard with cheap flights by Ryanair.

MNB03497 3

Blog submitted by: Alex at The French Property Network - Cle France. 

Add CommentViews: 4185

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