Hi. I'm currently at the final stage of signing for a leaseback with the Notaire. I have been asked to sign an additional document because of changes to the compensation rules for non renewal of a commercial lease which came into force on 23 December 2009. Does anyone know what these mean and if they are positive?
The second paragraph of Aricle L145-14 details the possible compensation for non renewal:
Hi there,
According to my due diligence, I decided not to buy with lavagnac
development :
7% return during 23 years based on EUR 6500 / sqm is simply not
sustainable for the Address, the management company from Dubai which
knows nothing about France (especially the very high labor costs)
the developper is english and not French : I 've always heard that a good
developper is most of the time a national or local. ie. i ve talked with a
cafe tenant and a winemaker in pezenas complaining about this modern
architecture
Hi,
Does anyone know how to get in touch with Credit Foncier by phone? I have tried the number on the bank statement 08 25 30 30 31 but as: +33 8 25 30 30 31 and the dialling tone indicates this line is out of action. I cannot see another number on their website. I have also tried the following email several times: dgc-gestion-non-residents@creditfoncier.fr,
I am looking into Leaseback seriously for the first time, there appear to be horror stories aplenty but are there any good news stories? Is it all doom and gloom, should I run a mile (or kilometre) from anything to do with Leaseback.....
Am looking to buy a leaseback property in either Paris or the South of France and the stories on this forum make me a little nervous. Does anybody have positive stories to counter-balance the negative ones? Any recommendations for solid, reliable leaseback management companies/developers?
Many thanks,
Chris
This new development is from Groupe Monnier-I suggest if you are thinking of investing that you lie down until the feeling goes away.
Last year I vaguely remember that a new double taxation treaty was signed between UK and France. Has this actually can into effect yet ? Can one set off tax paid in france against the UK liabilities and even write off losses ( e.g. not having rent paid) against UK tax bill
This year, yet again, CGH have shifted around the high and medium season weeks to suit them. When we bought our apartment in the Alps it was based on Easter being a combination of medium and low season weeks so we were able to go for 2 weeks at Easter.Last year they made Easter 2 high season weeks. Now they have changed one of the medium season weeks in the summer to high season. These changes affect the economic proposition because if we can't use it when we thought we could it doesn't make sense financially. Our residence association is up in arms about it (English and French).
Would anyone has an idea how much it would cost for a french
solitior/Advocate for a new Leaseback contract to be drawn up after
previous company terminated lease.
I understand France has a similar "unfair terms and conditions"law to us.
2 points.
Would members of the forum think that a 10 year penalty term in a 15 year mortgage was unfair?
Was it unfair for the mortgage company only to supply details written in french to an english buyer!
All comments welcome.
john
English
Français