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
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
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.
English
Français