Uncertain times sharpen appetite for sound advice

Tuesday, February 07, 2012

Uncertain times sharpen appetite for sound advice

Despite the uncertain outlook affecting both sides of the Channel in terms of economic growth, house prices and exchange rates 2012 looks set to see a further steady stream of UK residents, particularly those of retirement age, heading for a new life in France.

Specialist adviser Siddalls reports that many prospective clients who previously put their moving plans on hold in anticipation of a clearer economic picture ahead are becoming increasingly frustrated and reluctant to delay their plans further. Mervyn Simms, Siddalls UK managing director and one of the company's senior advisers says, “Over the last six months we have spoken to many people who are keen to move and have just been waiting for the right time to put their plans in motion. Many of them now seem to be accepting that stable economic conditions could take a long time to return and are re-focusing on their lifestyle objectives which ultimately drive their real reasons for wanting to move.”

However, Siddalls has detected that the tighter financial climate is having an impact in terms of clients seeking more detailed advice in advance of moving to France to ensure they are making the most of stretched budgets and to avoid any unexpected pitfalls. Mervyn Simms says; “There seems to be far fewer new movers now just taking the plunge and hoping for the best. Forewarned is definitely forearmed and good advance planning can return genuine benefits in terms of tax savings and financial peace of mind”.

Siddalls will be one of the exhibitors at A Place in the Sun Live which takes place at Earls Court London on 30th March - 1st April 2012. Tickets are two for £15 when booked in advance and come with a free six month subscription to the magazine.


A Place In The Sun