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BY LEGGETT IMMOBILIER

Thinking about selling your property in France? Here’s what you need to know

Owning a property in France can be a wonderful experience. Selling it, however, can be less so. With France’s ever-changing regulatory landscape and heavy administrative burden, doing it all on your own can be stressful and fraught with risk, even if you know the market. Using an agent could be a great option which can save you a lot of both time and money. We explain why.

Thinking about selling your property in France? Here's what you need to know

Selling a house in France can be complicated for a number of reasons, and while you may choose to sell it privately, asking for the help of an agency can make this process much easier.

Roz Collins and her husband had been running a successful business renting out their gites (holiday property) in Poitou-Charente for almost 10 years. Then they had to return to the UK and sell their French property.

But finding a buyer wasn’t that easy.

“Although our house was stunning and had beautiful views, a number of factors made the selling quite challenging,” Roz says.

“First of all, the property is a converted barn, so it’s not an ordinary holiday home property, and secondly we put it on the market just when Brexit happened and then Covid followed, and the market just died,” she says.

What’s more, the house was in a quiet, rural area, with the nearest other private property being a quarter of a mile away, and the nearest town, Angouleme, about 50 km away, so the house was not exactly in the middle of a bustling city with lots of prospective buyers passing by.

The Collins had put their house on the market privately but soon realised their chances of success were low.

Are you planning to sell your house in France? Get some help from the market specialists, Leggett Immobilier

“You’re very unlikely to find someone driving around in the country who will notice the property without any marketing, especially if it’s an outside-of-the-city property,” Joanna Leggett from the estate agent Leggett Immobilier says.

In fact, unlike just posting on one’s social media, real estate agents such as Leggett reach a much broader market and are able to get a better final price thanks to their marketing expertise.

Furthermore, using an agency is the only way to get worldwide coverage and attract international buyers who are looking to buy properties in France. “Brits, Dutch, Belgians, Germans and lots of Americans are interested in acquiring a property in France,” says Joanna.

“The best way to advertise and reach the most people is really to use an agent because we do all the marketing at no extra cost – it’s also the best way to get the best price because an agent will be a more experienced negotiator and will be more neutral,” she says.

One day, Roz got a call from Stephanie, an agent from Leggett Immobilier. “She had noticed our house was on the market, and was convinced she could sell it,” said Roz. At that time, the couple had considered other agents, but Stephanie was the only one who followed through.

“She was so tenacious, extremely professional, really thorough, followed up on questions, gave us feedback,” says Roz.

“We always said, ‘if somebody is going to sell this place, it’s going to be Stephanie’”. And that’s what happened.

Overwhelmed at the red tape involved in selling your house in France? Contact Leggett for advice

Roz Collins, right, with her husband, Derek.

Selling a house can be stressful, and usually involves a lot of red tape and administration that perhaps not every seller is aware of, especially in France.

And for the Collins, Stephanie’s help was priceless.

The Leggett agent was there to smooth out the process and conduct all the tests and reports that need to be done before a house is put on the market.

In fact, having an expert conduct a ‘Diagnostic Performance Energétique’, i.e. a diagnostic report which identifies the estimated consumption of energy of a building as well as the effectiveness of the insulation, is compulsory.

Other surveys on termites, lead paint, asbestos, the electricity supply, as well as septic tanks and numerous other issues are also mandatory.

Additionally, agencies such as Leggett take care of all the conveyancing and organise everything without the seller having to worry about a thing.

“We have the official capacity to draw up the ‘compromis de vente’ which if you were doing that yourself, you’d have to liaise with your notaire,” Joanna says.

“An agent will spot things like, ‘Is the buyer looking for planning permission for a swimming pool?’ or, ‘Are they looking to convert the barn into a house?’, and can get the compromis drawn up much quicker than would the notaire,” she says.

The agency also organises the signatures of the buyer and the seller, digitally or on paper, and then has it sent through to the notaire.

“Once the compromis de vente was signed, Stephanie went to the notaire personally on a number of occasions, she followed up, she took care of all the paperwork and she even met up with the buyers and picked up the contract herself in the UK,” Roz says.

“She was extremely helpful, particularly for us because we were in the UK, but she also helped our buyers with their visas, which was amazing,” she said.

“We couldn’t have asked for more.”

Want to sell your French house for the best price and with the minimum of fuss? Contact Leggett Immobilier

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PROPERTY

Brits still buying in France despite post-Brexit fall in property sales

New data on property sales revealed a post-Brexit fall in the number of Brits buying second homes in France - but estate agents say that UK buyers are still a big force, but now they're more likely to move to France than buy a holiday home here.

Brits still buying in France despite post-Brexit fall in property sales

The number of Britons buying second homes in France has been falling over the past few years, according to a report from Notaires de France.

While second homes in France remain popular purchases and a significant number of buyers are foreign, the number of Britons buying property in France has fallen steadily and continuously in recent years, according to the Notaires de France report.

Revealed: Where foreigners are buying second homes in France

The data showed that Brits have fallen to fewer than 20 percent of all foreign non-resident purchasers in 2022.

But real estate agents who specialise in helping Brits find properties in France say that the market remains buoyant – but these days people are more likely to make the move permanently.

Joanna Leggett, marketing director at Leggett Immobilier, told The Local: “Where we used to be 50-50 second homes and main residences, it seems to be more like 75 percent to 25 percent now towards permanent homes.”

Brexit has complicated life for British second-home owners in France, who must now either limit their visits to 90 days in every 180 or go through the time-consuming process of getting a short-stay visitor visa. 

But Chloe Williams, sales director with Beaux Villages Immobilier, said that France was still proving a popular market with Britons. 

READ ALSO French property: How to get a mortgage in France

“Comparing the number of enquiries in the first four months of 2024 with 2023, we haven’t seen any reduction in the number of British buyers wanting to know more about buying a property in France,” she said. “In fact, the number of enquiries via our website is higher than this time last year.

“We are still seeing lots of Brits looking to buy a second home to enjoy for holidays and then move permanently for retirement.”

Joanna Leggett, agreed. “There was a massive peak in 2020 where [website hits] went right up. That was the Covid time. But then it dropped right down in 2021. In 2022 it went right back up again. And in 2023, it’s gone back to what the average was [prior to the pandemic]. We’re expecting it to be the same again [in 2024].”

Leggett said that the biggest shift in the market was that Britons were moving away from second homes in favour of moving to France permanently, thanks in part to the rise in remote working.

And Britons entering the second homes market tended to be younger. “We find that the people buying holiday homes through us aren’t retirees that can spend six months in any one go in France,” she said.

“When we look at the average age of our clients, the biggest bulk of them is between 41 and 60. 

“That age group doesn’t get three-month holidays. They probably get five weeks, whenever they can, unless they can work from anywhere – which a lot of people can do, now.”

READ ALSO Explained: How to convert a French second home into your main residence

And post-Brexit bureaucracy is not as off-putting as it could be. Williams explained: “The change in the visa rules post-Brexit has made some buyers hesitate and we have found it helpful to be able to point people towards professional services who can advise on visas.  

“In our experience, the French government is very helpful and welcoming to people wanting to move to France. We also have an expert adviser to whom we can direct people for full support and assistance.”

Leggett, meanwhile, sees hope in efforts to convince the UK and EU parliaments to move ahead with proposals that would allow British second homeowners to stay for longer periods visa-free.

“We’ve seen a huge drop since 2020 … but it’s levelled out again and [interest in French property] doesn’t seem to be going down. If anything, it’s probably going up.”

Both Leggett and Williams agreed that the south-western Nouvelle Aquitaine region was the popular choice among Britons moving to France. 

“Brittany is always popular, but it does seem to have gone down a little bit. And Nouvelle-Aquitaine is definitely the highest. I’m not sure if that’s the influence of TV programmes in the UK though. A Place in the Sun is on every day at different times, and I’m wondering if it’s because they tend to concentrate on those areas that they’re pushing more people there.

“We’ve done quite a few TV shows and we noticed the increase. Even when the Chateau DIY programme came out, it increased the hits to our website by 800 percent. 

“They didn’t all buy chateaux. The increase on looking at chateaux and then looking at something else. It’s just the power of TV.”

READ ALSO Where in France are locals protesting about second-home owners?

Williams, too, said that her experience was that Britons were particularly interested in properties in the warm southwest of the country – tallying with the Notaires’ report which revealed that Britons accounted for 45 percent of all non-French non-resident purchases in Nouvelle Aquitaine region.

“The Dordogne continues to be a very sought after area,” she said, “only a day’s drive from the northern ports and tunnel, it is perfect for a second home in France.   However many people are attracted to value-for-money property in the Haute Vienne and Charente.”

Leggett added: “I would have thought that the Cote d’Azur would have been higher, you know? But it’s too expensive, and Brits don’t have the highest funds. The Americans are actually the highest spend. Their average spend is nearer €600,000, whereas the Brits are coming in at just over €200,000 on average.”

Notaires de France said American buyers tended to focus their French property search on Paris, she said. But they also loved chateaux. “They just love the history which they don’t have in the States,” she said.

READ ALSO 7 tips for finding an apartment in Paris

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