FRANCE - British buyers replaced by French post-Brexit

12.01.2023

Holiday home sales and northern Europeans moving to France are continuing, but "perhaps with fewer British people".

"The post-Covid rush has gone but it is still a dream for many. The market is not racing but it is ticking along."

Robert Welton, of Bel Air Homes, Brittany said: "There has been a slight slowdown since summer 2022 but houses are still selling. At the worst I expect prices to be flat at the 2022 levels. There are not many properties on the market but there are still buyers."

Mr Welton said British buyers, either of second homes or new residents, make up around a quarter of his business, down from around 45% before the Brexit vote, but their place has been taken by French buyers.

Belgians and Dutch, with a few Germans and Italians, made up around 20% of buyers, which has not changed.