The pound seems to be making a little recovery after dropping to just 95 cents before Christmas. Showing now at 1.04 euros is positive but still a long way from 1.47 euros back in the summer of 2008.
Effectively this means potential Bristish clients looking to purchase in Europe now have a third less to spend from their sterling budget. The only good news is that anybody looking to sell in mainland europe and move to the Uk can afford to drop their property price to sell and still get the equivalent property they were looking to buy in the summer. Maybe we should start advertising British properties on our web page!!
Roger Swain 