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Buying in Ireland - GBP to Euro Help
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missjones12
Posts: 8 Forumite
Hi,
I am looking for an area/location to buy a small holding to produce as much of my food as possible, raise livestock and sell direct to consumers.
The trouble is land rent where I live (Midlands) is £100p/acre which doesn't allow many sheep per acre.. so i've been looking at alternative places to live (cheaper!) as I want a more simple life.
I have came across small holdings for sale in Ireland, where I would be able to live on site and breed my own livestock, even with a mortgage it would be cheaper than land only rent.
The problem is the GBP to Euro Conversion,
Can anyone help and advise..
I have read that last year the GBP was 1.43 and now only 1.19, is the pound still increasing?
Are we still able to move freely in Europe - Ireland and buy property abroad?
What other things are needed to be considered when buying in Ireland?
Many thanks
I am looking for an area/location to buy a small holding to produce as much of my food as possible, raise livestock and sell direct to consumers.
The trouble is land rent where I live (Midlands) is £100p/acre which doesn't allow many sheep per acre.. so i've been looking at alternative places to live (cheaper!) as I want a more simple life.
I have came across small holdings for sale in Ireland, where I would be able to live on site and breed my own livestock, even with a mortgage it would be cheaper than land only rent.
The problem is the GBP to Euro Conversion,
Can anyone help and advise..
I have read that last year the GBP was 1.43 and now only 1.19, is the pound still increasing?
Are we still able to move freely in Europe - Ireland and buy property abroad?
What other things are needed to be considered when buying in Ireland?
Many thanks
0
Comments
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If we knew which way currencies were going to move we'd all be lounging in the Carribean on our mega-yachts. It's impossible to answer your question, although you may have noticed a referendum a month ago that has had a significant impact on the value of the pound.0
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missjones12 wrote: »Hi,
I am looking for an area/location to buy a small holding to produce as much of my food as possible, raise livestock and sell direct to consumers.
The trouble is land rent where I live (Midlands) is £100p/acre which doesn't allow many sheep per acre.. so i've been looking at alternative places to live (cheaper!) as I want a more simple life.
I have came across small holdings for sale in Ireland, where I would be able to live on site and breed my own livestock, even with a mortgage it would be cheaper than land only rent.
The problem is the GBP to Euro Conversion,
Can anyone help and advise..
I have read that last year the GBP was 1.43 and now only 1.19, is the pound still increasing?
Are we still able to move freely in Europe - Ireland and buy property abroad?
What other things are needed to be considered when buying in Ireland?
Many thanks
Moving freely between Ireland and England has nothing to do with being part of the EU. It's a private agreement between our respective governments
Whilst agricultural land may be cheaper, do your homework very carefully, the cost of living is a lot higher and there's no free health care0
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