General Discussion

Management service

18 September 2009
Forums: 
General Discussion

Does anyone know of a UK based management service company that can deal with the Tax authorities in France? I am at the end of my tether with dealing with this. Ok. I know it's my own fault for leaving things to the last minute but I keep having to pay penalties for late payment on stuff that arrives with no english translaltion. And guess what? I can never get to speak to any English speaking people at the tax office.

Don't beat me up guys. I'm just an ignorant Englishman.
Ian
 

What is a guarantee worth?

11 September 2009
Forums: 
General Discussion

Hi guys,

I was looking into investing in a leaseback property a few years ago, but ended up having to put my money elsewhere. At the time it looked like pretty safe investment with the biggest risk being that interest rates would rise faster than the rental rates.

I've just started looking at the market again and am horrified by the stories I'm seeing on these forums.

summer 2009 for residences in France

9 September 2009
Forums: 
General Discussion

Les résidences de tourisme ont connu un été en "demi-teinte" avec une fréquentation plus importante en août qu'en juillet, a indiqué mercredi le Syndicat national des résidences de tourisme (SNRT) dans un communiqué.
"Juillet n'a pas été excellent mais août a fait le plein et septembre s'annonce très bien", a détaillé le SNRT.
Les situations ont été disparates suivant les régions.

Liability for payment if Lease taken over

27 August 2009
Forums: 
General Discussion

Hi

I think I read somwhere that if a Lease is taken over from a company (not in recivership) then both the former company and current one become jointly liable for rent. Does anyone know if this is the case?

We are in this position the new copmpany have not paid the rent and I wonder who we should go after for this - any thoughts would be appreciated

 

French Property Ex - London 11-13/09/09

26 August 2009
Forums: 
General Discussion

I have today been contacted and told that there is a French property Exhibition of at Olympia from the 11th to the 13th of September 2009.

I am trying to get together a group of investors to hand out leaflets to people attending identifying the downfalls of the leaseback system. I am prepared to fund the leaflets out of my own pocket and set up a website to give more details.

This will be a case of handing out leaflets and contacting the people at Olympia to let them know how and why we are doing this.

Any takers?

Mutley

Euribor

23 July 2009
Forums: 
General Discussion

Hi,

This is probably an easy one. Am I correct to think that because the Euribor rate has gone down then this will bring down that my mortgage rate when it is recalculated in November.? my mortgage is with Barclays / barifimmo and varies according to the Euribor rate.

tax fonciere

20 July 2009
Forums: 
General Discussion

Hi,

 

I bought a French Leaseback Property in 2005. For the first few years the tax fonciere was about €62 but for 2008 I was billed for €366. Was this a a mistake? Eventually I paid it plus penalties in the hope that I would get it back if it was a mistake. Anybody else get a similar bill? What should I do?

Thanks,

 

 

Refinance your mortgage

17 July 2009
Forums: 
General Discussion

Recently, French banks have been increasing their range of products and introducing competitive rates. New options like capped interest rates and interest-only have been introduced.

If you want to

  • Change to type of your mortgage
  • Get a more competitive interest rate
  • Change the term of your mortgage

you can now refinance your mortgage.

If you have any question about refinancing, please feel free to contact me.

Mathilde

A Mortgages40011.4646643519

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