Termination of lease

23 Janvier 2015

Hi guys,

           Maybe some of you on here are in the circle of emails between us LBDC owners (I recognise owner Fahey from the email adds.) Have any of you thought of a way forwards now that Odalys have served notice to terminate all leases? Maybe we should charge them 2 years rent in compensation LOL ;-) So without another management company taking over we all owe 8 or 9/20ths of the TVA that was originally waivered by the French government....on top of this we have to take on mortgage, electric, gas, water, tv, habitation tax and house/contents insurance bills!!! god knows what else. From my point of view we have options.... 1 sell freehold (not attached to a lease) (how long will this take)    2.Privately rent to a "live in" long term tennant    3. Privately rent to the holiday market. 4. sign up to a new lease with another management co... (will they pay on time/ at all? We will need to buy a furniture package etc etc)

 

Any other options??? Any thoughts or ideas?? Would you like to be included in the circle of emails between us owners. If so reply leaving your email address and i will include you in further emails between us Les Berge Du Canal owners.

Regards,

Steve and Dale..... co- owners J114

Soumis par acafitzg (non vérifié) le

Hi Steve and Dale

 

Yes please I would certainly like to be included in the further emails between LBDC owners.

 

bfitzgerald@invesco.ie

 

Thanks!

 

Brian

Soumis par Ianc le

Hi Steve and  Dale        Please keep me in the loop. Do you know that all owners have received termination notices?  I haven't as yet.

Kind regards, Ian

 

Soumis par susie13 le

Hi,

 

I would like to be included in the circle of emails.  I have not had any correspondence about Odalys serving notice to terminate all leases.  When did you hear about it?  This could explain why we haven't received our 2014 rental income! My email is susanflawith@gmail.com

 

Regards,

Susan

Owner of O108

Portrait de Seamus
Soumis par Seamus le

You have options. You all should currently have the lmnp (leaseback) tax regime. If a new mgt company takes over and continues to offer 3 of the required leaseback services and at least 70% of co-owners stay with the new mgt company then your regime will not change and you will not have to pay back the VAT pro-rata. If some of the remaining owners decide to end the lease and manage as a nornal property and provide 3 of the leaseback services using a local french company then their regime will also not change and they will not have to pay the VAT pro-rata.

Can I also state the obvious. You want to communicate between co-owners. If you start an email list it will only get unmanageable (I've been there). This is what this site is designed for. Ask other owners to join so information is easily shared in 1 place and you can also share documents. 

Only saying.....

Seamus

Soumis par sbds1973 le

Thank you guys I was led to believe that Odalys were pulling out of LBDC completely. I recieved my letter on xmas eve!!!! it needed signing for and also had some kind of tamper proof wrapping, so i knew it was important. Others got their letters in the new year. This is a list of some of the ppl in the loop and their properties!!

Steve Beardsley  & Dale Swinson                              J114                       sbds1973@hotmail.com               

David Ferrari                                                               K105                      david784@ymail.com

Esme & Jeremy Goodchild                                          J120                       egoodchild@blueyonder.co.uk

Michael & Fiona King                                                  H110                      fionac.king@gmail.com

Racsha & Paul McCann                                               J110                       rakshamccann@hotmail.com

Peter & Janine Middleton                                            K118                      middleton375@hotmail.com

Stephen Power                                                             H102,H103 & H105           Stephen.Power@agriculture.gov.ie

Ollie Fahey                                                                   K115                      fahey278@eircom.net

Andrew & Cath Varley                                                  K116                      cars@sky.com

Joanne Bamford                                                            J112                       joannabamford@hotmail.com

Adrian & Tina Court                                                      J117                       court_a_1947@yahoo.co.uk

Heather Lloyd                                                               H101                      heather.k.lloyd@gmail.com

 

I will include all emails in the loop and also recommend the others join this forum

 

Hello to everyone. Thanks to all for the recommendation to join this forum.

 

My email address is on the list above.

 

Fiona and Micahel King H110

Portrait de A c Varley

Steve & Dale,

As we've now had a response from Foncia, and the post to the UK is slow this may be a good place to let anyone else know about the meeting Celine Tora is arranging at 2:30 on Thursday 5th March to "exchange on the subject " (consider the situation !) .

Is anyone likely to be able to attend this ? 

If not I suggest we compile a letter detailing what options we have uncovered so that they can consider these also.

Do we have any French speakers ? Google translate has it's limitations .

Andrew  K116

 

 

 

  

 

 

HI ALL 

HAVE ANY OF YOU EXPERIENCED MIS-SELLING OR FRAUD -DID YOU THINK YOU WERE BUYING AN APPARTMENT BUT YOU ACTUALLY 

ENDED UP WITH HOTEL BEDROOMS ? CANT SELL YOUR LEASEBACK PROBLEMS WITH RENT ETC REPOSSESION DUE TO THE LEASEBACK 

NOT BEING WHAT WAS DESCRIBED TO YOU ? 

IF SO CONTACT ME AS SOON AS POSSIBLE AS I HAVE TIME SENSITIVE INFORMATION WHICH MUST BE ACTED ON IMMEDIATELY 

KIND REGARDS 

JUSTINE CRAVEN 

 

This is a response to 

1. Steve and Dale.  Please add us to your list - Ruth and Ken F-107

2. Also to Seamus and AV Varley  

a) Does anyone have feedback from the meeting that occured on March 5?

b) Any further concrete updates... will Odalys soon be either recapitalised or replaced and what could be the time frame?  

    Also should we now be issuing a CDF to Odalys to recoup the rent that is owed us? If we don't will we lose it entirely for the year 2014?  Many thanks.

 

 

Regarding rent arrears I have just spent the morning " liaising" with different people at Odalys and, after getting very cross and stating that I was going to issue the C de P then I have just received nearly 3500 euros into my French bank account. Worth the time and annoyance at last.

Soumis par Lily le

Hi I've just joined the forum.  We own a property at LBDC and like many others have not been paid our rent from Odalys.  We are currently trying to arrange a new lease contract and when we have more information I will post it on here.   Regards Gillian & Mick co-owners C112.

 

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