General Discussion

Purchase of VACANCES BLEUES

19 Juin 2020
Forums: 
General Discussion

Hi, 

 

I am new to the forum and just trying to do some initial research.

 

I'm looking to purchase a property that has a lease with VACANCES BLEUES  until 2022. The agent assured me that after this date I'm free to do as I wish with the property and it's no different to purchasing a standard, older property, but having stumbled upon this site I'm not convinced. It was built in 2022.

 

Could someone shed some light? 
 

im just looking for a second / holiday home that I may rent out from time to time.

 

thanks

 

Deafult on leaseback

4 Juin 2020
Forums: 
General Discussion

Hi all,

I've been a spectator for a while but not posted previously. I've been stuck in a deteriorating situation for a while now with a leaseback that I was missold in 2008.

With a third (and very significant, long term) rent drop proposed by the management company, I am at the point of walking away. I have not signed the papers to agree to the latest rent reduction.

Credit Foncier - Mortgage relief

28 Mai 2020
Forums: 
General Discussion

Hi everyone, 

If you have a loan with Credit Foncier and looking for a Mortgage relief / Holiday period. You may have asked and they have refused, keep insisting about your demand, pushing the fact that you have lost incomes etc... repeat few times your demand if they don't answer and they may eventually come with 3 months holiday. 

I have done this few times now and they always refuse initially, but came out with 3 months after few demands. 

 

Regards, 

Eddy

French Leaseback owners launch Petition to Save Rents

13 Mai 2020
Forums: 
General Discussion

The French have launched a petition against leaseback owners bearing the brunt of the Covid-19 measures.  As usual, the big tourist operators are benefitting while we are sacrificed.

 

here is the link, please sign:

 

http://chng.it/Yn9dYm9Dkq

The more we co-operate with our French counterparts in this whole fiasco, the stronger we'll be.

 

Rent not paid - Coronavirus ... mortgage relief/holiday?

21 Avril 2020
Forums: 
General Discussion

Hello everyone -

hope you are all safe and healthy.

My apartment in Divonne les Bains is managed by Vacances Bleues. They have been prompt with rent payment on a quarterly basis. But the rent due on 02-April-2020 was not paid and no explanation was sent to me by Vacances Bleues. Tried to get in contac with them but they are not responding/answering.

Has anyone else had rents unpaid due to Coronavirus? Is this legal? Are the property managers supposed to at least notify the owners? Do they have to make compensation later donw the road after Coronavirus is behind us?

UK Owners - Anyone defaulted on mortgage?

9 Mars 2020
Forums: 
General Discussion

Good afternoon all,

 

I wondered if anyone in the UK had defaulted on a French mortgage? If so could you let me know what has happened so far.

 

I have a mortgage with SocGen and like many people find myself with a property in enourmous negative equity. I am currently considering defaulting on the mortgage so that the property is repossed. I am sure the bank would chase for repayment but it is not 100% clear if they would be successful.

 

Kind regards, Neil.

exit lease with no compensation paid

15 Février 2020
Forums: 
General Discussion

Hello,

does anyone on this forum know of any owner or any resort where operator handed keys back to owners with no compensation (eviction-indemnity) paid?

I'm not looking for feedback from the many of you who have had to pay compensation or operators that went onto liquidation.

Just wondering if there are cases where resort was relatively stable re rents being paid and lease had a zero-indemity clause and if owners exited with no issues?

Is that just a fairytale or has it ever been a reality for even a small number of owners?

 

 

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