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Nov 7

Presidential Election Vocabulary

Ah, the beginning of November is upon us… the season of spectacular foliage, chilling temperatures, and… particularly divisive elections.

As tomorrow, Tuesday, November 8, is the day Americans go to the polls to choose their next president, let’s go over some French election terms (no pun intended!).

fc

Courtesy of Theresa Thompson

Le président de la République française is elected for five-year terms (called un quinquennat). Before the year 2000, French presidents were actually elected for seven-year terms (un septennat). Just as in the United States, presidents can only serve two consecutive terms (deux mandats consécutifs).

The last élections présidentielles were held in April and May 2012, when current president François Hollande was elected.

That means that the next elections will be held in April and May 2017. Because this is Hollande’s first term as president (or, you could say, the incumbent president le président sortant ou le président en exercise), he is eligible to run for a second term.

This election will most likely be pretty divisive in France, as the American presidential election has been, due to recent political divides and the raised terror threat.

Unlike in the United States, the French president is directly elected through French citizens’ votes (and not through something like the Electoral College). (Although the French president was elected by the equivalent of the electoral college – le collège électoral –until a referendum in 1962 called for direct voting).

There are typically two rounds of voting (deux tours) in the presidential election; to run in the first round a potential candidate (un candidat) must have 500 signatures from officials (called sponsorships, or les parrainages) who can only officially support one candidate. There are often many candidates for whom people can vote during the first round.

If one candidate does not receive a majority of all the votes, then it goes off into the run-off round (le deuxième tour). The elected president must be inaugurated into office in a solemn ceremony called la passation des pouvoirs (the handing over of powers).

Here are some more French vocabulary terms for this election season:

Élire – to elect

Un Electeur – a voter

Isoloir – voting booth

Un vote – a vote

Un Bulletin de vote – a ballot

Une Urne électorale – a ballot box

Dépouillement – counting the votes

Happy voting!

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Blog submitted by: David at The French Property Network - Cle France.

This blog was originally posted on The French Language Blog pages.

Do you want more information ?

So if you need to buy or sell sterling and would like to be kept up to date with all the latest data releases and exchange rate movements then feel free to contact myself Ben Amrany. If you are buying or selling a house in France we will make sure your monies are in the right place at the right time, we work hand in hand with you and Cle France.

For more information on the currency service I can provide please feel free to contact myself...

Ben Amrany from FC Exchange follow this link or phone and ask for myself and quote "Cle France" on 020 7989 0000.

You may contact me directly using this form (click here) with your requirement and I will explain the options that are available to you in getting the best exchange rate.

FC Exchange

For everything you need to know about French property visit www.clefrance.co.uk

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Nov 7

Clinton vs Trump

Last week currency market anxiety over the political risk of the US Election was brought to bear on price action. The FBI’s re-opened investigation into Hilary Clinton’s use of a private email server as secretary of state had damaged her lead in the polls and reinvigorated the Trump campaign. Although Clinton has again been cleared this morning, the race to the White House is still on.

Many suggest Trump is a material risk to stability and markets are nervous over the economic, diplomatic and geopolitical implications of a Trump presidency. It was no surprise that we saw the US dollar weaken throughout last week and with the Brexit high court ruling in the UK, sterling had its best week against the US dollar since 2009.

Going into the final day of campaigning a Clinton win seems more likely. If only it were that simple.

If the EU referendum in June taught us anything, it’s to be wary of political risk spilling over into financial markets. This election is too close to call, and the full extent of the discontent in regards to social inequality and distrust of the establishment will only be fully borne out when the ballots have been cast and counted. In the UK the protest vote was underestimated,  the repercussions of which will be part of the UK landscape for the foreseeable future.

The US presidential election is a risk event which has been driven by similar anti-establishment resentment to that seen in the UK EU referendum. It is possible that this week’s result could cause an upset of similar magnitude. In fact, whatever the outcome there is potential in the short term for dramatic moves in financial markets.

To discuss this in more detail, call your personal currency market expert on +44 (0)20 7989 0000.

Extended trading hours between 8 - 9 November 2016

Monday 7th November – 7.30am – 7pm

Tuesday 8th November – 7.30am – 9pm

Wednesday 9th November – 4:00am – 7:00pm

Thursday 10th November – 7.30am – 7pm

Friday 11th November – 7.30am – 6pm

Important information for all trades this election week

During the US Election period, any trades secured may be subject to increased deposit contributions and/or changes in required settlement dates. Please consult your broker for more information about how this may affect you.

In order to take advantage of any exchange rate movements during this volatile period, FC Exchange recommends that clients transfer money on account prior to the US Election result.

FC Exchange

Do you want more information ?

So if you need to buy or sell sterling and would like to be kept up to date with all the latest data releases and exchange rate movements then feel free to contact myself Ben Amrany. If you are buying or selling a house in France we will make sure your monies are in the right place at the right time, we work hand in hand with you and Cle France.

For more information on the currency service I can provide please feel free to contact myself...

Ben Amrany from FC Exchange follow this link or phone and ask for myself and quote "Cle France" on 020 7989 0000.

You may contact me directly using this form (click here) with your requirement and I will explain the options that are available to you in getting the best exchange rate.

FC Exchange

Blog submitted by: Ben Amrany for The French Property Network - Cle France.

For everything you need to know about French property visit www.clefrance.co.uk

Add CommentViews: 360
Oct 29

Historically Low Mortgage Rates

French mortgage rates 1.8%, good news for your French property plans.

The French mortgage rates have touched their lowest ever, below 2%, ideal for an investment in France. French mortgages have always been a good option for investors as they are locked for long periods up to 25 years.

Since the pound sterling exchange rate has declined over the last 2 years the French mortgage interest rates have declined also. The interest you would have paid on a French mortgage has therefore declined by over 40% for a 20 year period.

This would mean today’s loss on the exchange rate has been offset by the interest rate decline.

Best rates at the moment can be obtained for a 80% LTV of 1.8% over 20 years, and this rate is fixed for that whole period. This can be obtained for properties all over France.

If you have savings already locked up given yield of over 2% then it’s worth leaving them untouched and obtaining a mortgage instead. You would also be protected by the current trampoline exchange rates we are experiencing presently.

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Cle France Mortgage Options...

Looking for more spending power? 'The Banks' will only try and sell you their own tired products!

For the vast majority of people looking for property in France, and especially non-resident buyers, it is much quicker and much more effective to use the services of a experienced and qualified Independent Mortgage Broker.

An Independent Mortgage Broker will look at your specific circumstances then look through a selection of lenders to find you the best possible Mortgage product for your specific requirements, it is so obvious when you think about it!

We have 2 clear options for you

Option 1 would be a French Bank Mortgage or option 2 is UK Bank Mortgage.

It does not matter if you have not found your perfect French House yet, you can still start planning for when you do buy into your French property dream so in no particular order choose from our 2 options, just think about the one that best suits your circumstances and you can discuss your plans on a 'no obligation' basis, International, UK based or the leading French mortgage arranger.

Both Cle France Partners will be willing to advise you on a no obligation basis: 

OPTION 1 : English Speaking French Mortgage Broker

Vous Financer

Aurore Davis is our English speaking French Mortgage broker at 'Vous Financer' the French Mortgage Experts, Aurore is our main English speaking advisor, born in Paris she speaks perfect English as she has lived and worked in London for many years after working in Paris.

Whether you have found the perfect French home for sale or still looking at the options for buying French property, Cle France and Aurore Davis at Vous Financer can help you to find the best mortgage out there.

OPTION 2 : UK borrowing for overseas buying

Stag Mortgages and Cle France working together

Tim Durkin of STAG Mortgages and Insurance services may have the borrowing / mortgage solution for you.

We are proud to work in partnership with STAG Mortgage & Insurance Services. Tim Durkin is your specialist contact in this British owned and managed company.

Contact them by clicking the links above - you have nothing to lose!

For everything you need to know about French property visit www.clefrance.co.uk

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Oct 3

MOVED IN FOR CHRISTMAS

Cle France

Still time to get moved-in for Christmas

Yes I know it is October 3rd today so apologies for using the 'C-word' when we are still 12 weeks away from December 25th.

12 weeks is just enough time to get you moved into your new house in France or spending Christmas in your new French holiday home, yes you will have to book a viewing with us very soon but once you have found the perfect house we will 'pull-out all the stops' to get you moved in for the festive season.

Cle France has a vast network of agents and houses for sale so we are sure you will have the best selection to choose from, get in touch and let us help you find the perfect French getaway for you to enjoy.

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Cle Mortgages

Blog submitted by: Alex at The French Property Network - Cle France.

 

Add CommentViews: 276
Sep 22

A Place in the Sun LIVE Weekend

A Place in the Sun Exhibition

There’s now only one day to go until the doors open at the "A Place in the Sun Live" Exhibition at the NEC in Birmingham and it is sure to be a jam-packed weekend!

If you don't already know, the show takes place this weekend between the 23rd - 25th September 2016.

They have got lots of exhibitors from around the world, a French Village, country pavilions, a chock-a-block seminar schedule and the stars of the TV show will be passing on top tips and advice on buying property overseas.

It’s going to be a great weekend so don’t miss it.

What is going on at the Exhibition?

Property agents covering a wide range of countries

Expert currency, tax and legal advice

Free seminars and presentations from industry experts

A chance to hear from and meet the TV stars Amanda, Jasmine, Jonnie and Laura

A wide range of Spanish agents

The specialist French Village

The Italian Pavilion

The Portugal Pavilion

The Florida Pavilion

A Place in the Sun Hub

A chance to take a screen test for the next TV series

A free copy of A Place in the Sun magazine

Cafe.

Cle France - The French Property Network is of course on-line 24/7 with 8000+ properties for sale in France and lots of information about the Buying Process and more.

Contact us to help find the perfect property for you and feel free to take a look around the website at our fantastic properties.

MAKE SURE you are on our Mailing List to get regular updates on the French Property Market.

A Place in the Sun Live takes place at NEC Birmingham between the 23rd - 25th September 2016.

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Blog submitted by: Alex at The French Property Network - Cle France.

 

Add CommentViews: 163

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