General Discussion

New Fees for Owners- DPE + ERNT

4 Juillet 2008

Got a letter today from my management company claiming I must pay new fees to cover DPE (Diagnostic de Performance Energetique) and ERNT (Etat des Risques Naturels et Technologies).

Bottom line is that 150 euros will be deducted from my rent this year + 55 euros every time the tenant changes.

My appartment is let to students and business types so I can expect several new tenants each year.

Has anybody heard of these new climate taxes?

Shouldn't they be levied at building level rather than at individual apartments?

I want to know if the leaseback

12 Juin 2008

Im very interested in the leaseback scheme but i would like to know if the scheme is as good as it looks.

If i buy a property for £100,000 and i get guaranteed rentals giving me a return of 4.5% for 9 years, am i right in saying that each year i will receive £4500? and the maintence costs are covered?

I am struggling to find out a non bias explination of how the system breaks down.

I am hoping that the scheme will allow me to purchase a property long term with a significant rental income towards the mortgage.

Reversions

23 Mai 2008

I own a couple of leasebacks - 1 in the alps & 1 at Sophia Antipolis and I'm thinking of buying again.

Although the leasebacks are doing well, it has been suggested to me that reselling is difficult and I should look at reversions - does anyone have experience of these??

I understand what they are and how they work, but are they a good idea for the private investor?

scooby

Selling leasebacks

9 Mai 2008

Ok! What do we know about this new law regarding not having to repay the VAT discount when selling within the initial lease period? I've been searching various sites on the internet and find many conflicting reports. Although most sites say you don't have to repay it, many are saying that you will pay it in a different way by having to reduce the sale price by the amount of outstanding VAT.

I've had enough of this whole leaseback con and want to get shot of mine as soon as possible so any advice on this will be appreciated. Any ideas on this please?

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