British demand for French property jumps six-fold after post-brexit rule change

THE number of Britons house-hunting in France has surged six-fold since a law granting second homeowners from the UK an “automatic” right to remain in the country for six months was passed.

The law, which passed last month as an amendment to an immigration bill, has not yet been enacted and faces one final, crucial hurdle when it is vetted by France’s Constitutional Council tomorrow.

However, data from Kyero, the Uk-based international property portal, showed that in the three weeks since the bill passed on Dec 21, there was a 582 per cent increase in Britons enquiring about French properties on the site.

Louise Dell, the portal’s co-founder, said: “Significant pent-up demand has developed in the international market among British buyers while people have been awaiting news of potential changes to residency rules, and it seems that the floodgates are now opening.”

The highest number of enquiries was for the Alpes-maritimes area in southeastern France, accounting for 24 per cent of searches, followed by Charente and Haute-vienne.

“With Spain also pushing for similar changes, we anticipate that 2024 could be a significant year for international property transactions,” said Ms Dell.

Joanna Leggett, of Leggett Immobilier, said organic traffic on its portal was up 44 per cent in the past month with enquiries from new British clients up 16 per cent.

Natalie Leggett, a sales support director, added: “A lot of clients who had just been looking and enquiring but not doing anything else have now been activated.” She said she had also seen a bigger uptake in viewings.

Joanna Leggett added: “Another thing we have noticed is that vendors, who were going to sell and go back because of this 90-day rule, are now not selling.”

Thousands of Britons had been campaigning for an amendment to the regulations that restrict them to 90 days in the Schengen area, including France, in every 180-day period.

Many argued the post-brexit system was unfair because French citizens were allowed to stay in the UK for up to six months without a visa, whether they owned a property or not.

The only way British second homeowners can currently use their French property for more than 90 days is to apply for a long-stay visa, a lengthy and expensive process that has to be undertaken anew each year.