General Discussion

MGM resale

30 January 2026

Dear all,Anybod<yhas experience wirth resale of an appartment sold and managed by MGM/CGH ?  I asked some experts but none were able to give advice which appears to onl leave the option of a resale via MGM itself.

Compensation on non-renewal of lease

15 January 2026

I am looking to sell my property and so plan to give notice as the lease expires at the end of 2026. My original lease made no mention of compensation for eviction but there was an addendum in 2015 (they reduced all of the rents due to 'financial difficulties') which states that "In the event of early termination or non-renewal of the lease at its expiry, the owner is liable to pay the operator eviction compensation corresponding to 1% of the turnover generated by the apartment during the year of termination."

ENDING A LEASE

12 May 2025

Hi

Can anyone help with the following questions please:

1 A company has to own 55% for it to be able to offer a leaseback, does the 55% include areas like kitchen, entrance area, public spaces etc or just apartments?  3 Do maintenance company representatives have a duty to communicate to the owners? 4 Is the maintenance company supposed to let other owners know the percentages of the building owned and also provide information on the type of ownership and who the owners are?

UK Capital Gains Tax after selling leaseback - VAT included?

3 May 2025

Hi all.  I have just sold my CGH leaseback.  I did not have to pay CGT in France. However, when declaring my sale on my UK tax return, I am unsure of what price to declare for my initial purchase of the property. Is it the total price before the French VAT refund? Or is it the price after the VAT refund? My thoughts are that the VAT is associated with the subsequent signing of the commercial lease, rather than the actual sale, so it would be the full price prior to the VAT refund.  Has anyone who has sold their leaseback found a definitive answer to this question? Many thanks. 

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