General Discussion

My leaseback up for repossession

10 Avril 2014

Hi i need advise regarding my leaseback. Due to bad times i had to stop paying my french mortgage and now i have received a court order saying unless  i pay it off in  8 days it will be reposssessed. I have been worried sick about it for a long time now and with redundancy and near marriage break up i just couldn`t afford it anymore so let it go into big arrears. I personally don`t own my house in Ireland it belongs to my wife and her mother and my wife had no dealings with the property in France and the mortgage was only in my name.

Gone at last

8 Décembre 2013

Well folks...it's gone! After 11 years of misery and worry I'm rid of the millstone that was 'Leaseback'. I lost over €22,000 over the 11 years of ownership  (money in V money out) and the worry of it has been incalcuable. I feel as if I have paid someone €22,000 to torture me for 11 years!

Good riddance to it!

Rules for repaying TVA if lease is terminated

8 Décembre 2013

I read with interest in an article by Fabien Cordiez linked to from the forum a while ago that new rules came into force in 2010 to help leaseback owners faced with repaying the TVA on their build if they exited leaseback.  I am sure that the article said that there was a one year grace period to get either a new lease in place or an owners cooperative, but if you didn't want to continue in leaseback at that stage, the proportion of TVA outstanding could be paid back over 3 years instead of being payable immediately.  We are faced with this issue now, and there seems to be conflicting opini

art 283.1

26 Novembre 2013

Does anyone knows about this article at all ?

I rent a property with lagrange in Morgat and my rentals were paid to me VAT excluded...Is it normal?

Lagrange told me it was because of this new law (283.1) but I'm not sure they are allowed to do this ?

Does anyone in the same situation?

 

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