Middleton Advisors and France specialists Hindle & Baldock have announced an agreement that will see the two businesses collaborate to offer clients full property search and acquisition advice for buying in France.
Hindle & Baldock, whose head office is in Nice, specializes in providing property advice for clients looking in the prime areas of Provence, the Cote d’Azur and the Alps as well as Paris, while Middleton Advisors is focused on London and other prime areas of the UK such as the Home Counties and Cotswolds.
Middleton founder Tom Hudson, comments: “We are often asked by our clients about France and the Alps, and this really does require specialist knowledge. But we want to be able to refer them to a business that is genuinely aligned with our own values. We’ve worked with Hindle & Baldock previously and we know that they share the same service ethic, independence and deep market knowledge as Middleton.”
Nigel Hindle says, “Transaction levels in the French property market have recovered significantly in the last 12 months, and affordability – measured by the ratio of interest and purchase costs to income – has improved, in contrast to the UK. In fact, the French property market is one of the few remaining asset classes that has ample room for further recovery, and therefore growth. Interest rates remain attractive, the economy is improving, much-needed reform is on the agenda. This is creating conditions where it’s more important than ever to have genuinely bespoke advice if you are considering acquiring property in France. We’re delighted to be entering into a formal agreement with Middleton Advisors, whose reputation in the UK market is second to none, and I’m confident that, between us, we can provide a solution that will add real value to our joint client base.”
Paris, October 2017
With a Paris service commencing in October 2017, Hindle & Baldock’s capacity to advise on and acquire prime property in France is expanding further.
“With a noticeable Brexit-hedge going on, we’re seeing a big spike in enquiries and interest in the French capital. Prices in central Paris, in particular, are reaching new highs and even closing in on London,” says Nigel Hindle. “As the Financial Times commented recently, ‘It is a common notion, but wrong, that France is an ailing economy’.”
Tom Hudson, of Middleton adds, “The trends that Hindle & Baldock are seeing make it imperative for Middleton to broaden out our capacity to advise international clients. Both companies value their independence, and so we feel that our agreement to work together has great benefits, without obligation, for both of our client bases.”
More news from Middleton:
The View from Middleton, autumn 2017
Middleton client story: Alex Lowrie
Middleton client story: Property Partner
Meet Ashley Wilsdon, Middleton’s London advisor